Granted Land Loans

For UAE Nationals with a land grant from the Government

NBAD Granted Land Loans for UAE Nationals can help you finance your dream home.

  • Borrow up to 80% of your property value

    Or up to AED 20 million for UAE Nationals

  • Repayment terms up to 25 years

    From your salary or rental income

  • Interest rates from 8% on new loans

    Based on a variable interest rate structure, NBAD Mortgage Base Rate, plus margin

Required documents

  • Bank statement
  • Salary Transfer Letter
  • Property title deed
  • Copy of valid Passport / Visa / Emirates ID (Originals must also be presented)

Fees and charges

Processing Fee    1% of approved loan amount (min. AED 5,000)
Life Insurance   0.0365% per month on outstanding loan balance on standard cases
Property Insurance 0.05% p.a. on sum assured
Property Evaluation Fee Between AED 3,000 to AED 8,000
Property Management Fees 4% of rental amount
Late Payment Fee 2% of the delayed amount (min. AED 50, max AED 200)
Loan Rescheduling Fee AED 3,000
Early Settlement Fees 1% of the amount prepaid/outstanding (Or in case of Buyout a maximum of AED 10,000)
Mortgage Base: Applicable NBAD Mortgage Base Rate (MBR)

Discover NBAD products to suit you

View our wide range of credit cards, accounts and exclusive services designed to help you get more for your money.

* Promotional offer valid for a limited period. Terms and conditions apply. All rates quoted are p.a. on reducing loan balance.

Ways to Apply

Visit a Branch

Talk to our experts about your banking needs

Phone Us

Lines Open 24/7

UAE Helpline

600 56 6223

International Helpline

+971 2 635 8001

Email Us

We'll answer your query as soon as possible