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1,000 Miles for every AED 50,000 loan amount*
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Flexible repayment options from salary or rental
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Loan up to AED 15 million with interest rates from 3.45% p.a. on new loans**
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Financing for properties across the UAE*
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Free property evaluation*
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Salary transfer not required
Required documents
- Liability Letter
- Bank Statement
- Property Details
- Salary Transfer Letter or Salary Certificate
- Copy of valid passport/visa/Emirates ID (Originals must also be presented)
- NBAD Etihad Guest Mortgage Loan Terms and Conditions
Note: additional documents may be required on a case-by-case basis
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 and AED 8,000 |
| Property Management Fee | 4% of rental amount |
| Late Payment Fee | 2% of the delayed amount (minimum. AED 50, maximum 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) | |
Earn Miles
| Product | NBAD Etihad Guest Mortgage Loan | |
| Transaction | On new Mortgage Loan disbursement | On completion of each anniversary |
| Type of Miles awarded | Joining Miles | Anniversary Miles |
| Frequency of Miles awarded | One Time | Annual |
| Minimum ‘net incremental Loan amount’ (AED) | 1,000,000 | N/A |
| Minimum ‘Loan balance on Anniversary Date (AED) | N/A | 750,000 |
| Miles earning rate | 1000 Miles for every AED 50,000 slab | 10,000 Miles per Anniversary |
| Miles cap per transaction | 50,000 Miles | 10,000 |
| Other eligibility conditions | NBAD Etihad A/C & NBAD Etihad Debit Card | |
NBAD Loan Calculator
Calculate your monthly instalments
The NBAD Loan Calculator helps you calculate your monthly instalments based on the amount you wish to borrow, the loan duration and the interest rate offered.
| *Terms and conditions apply. Free property valuation for customer having income of AED 50,000 and above only. **Rate is fixed for 1 year, thereby moves to Variable Rate linked to Mortgage Base Rate. Minimum loan amount to earn miles is AED 1 million. Maximum Miles cap per transaction is 50,000 miles. This is a promotional offer valid for a limited period only and may be subject to change or discontinuation at the sole discretion of the bank. |
Discover other NBAD Etihad Guest products
View our range of NBAD Etihad Guest credit cards, accounts and loans