Terms of finance
1. What is the maximum funding that I can get?
For residential property, individuals can get up to 90% of the property value, subject to eligibility.
2. What is the maximum amount that I can expect?
For residential property, you can expect a maximum of AED 5million.
3. What is the maximum repayment period?
For buying residential property, the maximum repayment period is 25 years for residents and 20 years for non-residents.
4. What is the rate of interest?
For residential property, an interest in the range of 8 – 9.5% per annum on reducing balance will apply.
|