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
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