Landlord Loan
| Islamic Finance | No |
| Minimum Salary | AED N/A |
| Minimum Age | N/A years |
| Maximum Age | N/A years |
| UAE Nationals Eligible | Yes |
| Expatriates Eligible | Yes |
| Salaried Eligible | Yes |
| Self-Employed Eligible | No |
| Salary Transfer Required | No |
| Employment Criteria | Available for property owners; subject to property valuation and income verification. |
| Minimum Loan Amount | AED 100,000.00 |
| Maximum Loan Amount | AED 5,000,000.00 |
| Minimum Loan Tenure | 12 months |
| Maximum Loan Tenure | 120 months |
| Flat Interest Rate: | 5.50% - Competitive fixed interest rate for landlord loans, subject to property evaluation. |
| Reducing Interest Rate: | 5.75% - Reducing balance rate for landlord loans; rates may vary with credit profile. |
| Processing Fee: | 0.75% - Processing fee of 0.75% of the loan amount. |
| Early Settlement Fee: | 1.00% - Early settlement fee of 1% on outstanding balance. |
| Late Payment Fee: | N/A |
| Insurance Fee: | N/A |
Required Documents
Passport/Emirates ID, property documents, income proof, bank statements.
Additional Benefits
Access to higher loan amounts with competitive rates, secured against property.
Features:
Secured loan with property as collateral; competitive rates; flexible tenure.
General Notes
Offer subject to property appraisal, eligibility, and terms and conditions.
