Granted Land or Government Housing Schemes

For UAE Nationals with a land grant from the Government

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

A range of 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