Residential mortgage loans from NBAD

If you’re buying a property from a listed developer, NBAD can help with the finances If you’re looking to own your own home and want to buy it from new - discover NBAD’s competitive new Residential Mortgages

If you’re looking to own your own home and want to buy new we can help

Discover our competitive mortgage features

  • LTV up to 80% for UAE nationals

    Up to 75% for expats

  • High loan values

    Borrow up to AED 20 million

  • Flexible repayment terms

    Up to 25 years

  • Convenient modes of payment

    Through your salary or rental income

  • Financing for properties across UAE

    Buy your home through one of our approved developers

  • Interest rate from 2.94% p.a. on new loans

    Fixed for 12 months thereafter the rate moves to a variable interest rate structure which currently is NBAD Mortgage Base Rate plus applicable margin

Required documents

  • Bank statement
  • Property details
  • Salary transfer letter or salary certificate or business ownership documents (self-employed)
  • 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 fee
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