If you’re a UAE National Landlord with rental income, our Landlord Loans could give you the extra finance you need.
Variable interest rate
From 9.25% p.a.
Generous loan amounts
Borrow up to AED 2 million
Flexible repayment terms
Up to 48 months. Repayment from rental income received on properties managed by select Banks.
- Salary Certificate
- Assignment of rental income
- Completed and signed branch application form
- Copy of valid Passport / Visa / Emirates ID (Originals must also be presented)
Fees and charges
|Processing Fee||1% of loan amount (min. AED 500, max. AED 2,500)|
|Processing Fee on Loan Top-ups||1% of the top-up amount (min. AED 500, max. AED 2,500)|
|Loan Cancellation Fee||AED 100 (if cancelled before disbursal)|
|Life Insurance Fee||1% upfront on all approved loan amount
|Instalment Deferral Fee||AED 100 per deferral|
|Late payment fee
||2% of overdue amount (min. AED 50, max. AED 200)|
|Loan Rescheduling Fee||AED 250|
|Early Settlement Fees||1% of amount prepaid (if partial settlement)
1% of amount outstanding (if full settlement)
1% of amount outstanding, max AED 10,000 (in case of buyout)
Reference Rate For Variable Rate Loans
Borrow, invest or save with us
View our wide range of products, including credit cards, mortgages, investment funds and more.