FAB
Home Loan for Residences and Investments in the UAE

• Available for UAE Nationals and residents
• Minimum age 21 and maximum age 65 for Non UAE nationals and 70 for UAE Nationals or if self-employed
• Minimum salary of AED 15K for salaried and AED 25K for Self employed
• Credit card is mandatory to secure lower 1, 3 and 5-year fixed rates for salary transfer

Enjoy FAB's fixed rate mortgages of up to five years: 

• One year fixed rate from 3.94% with a salary transfer to FAB account* and 4.24% without salary transfer to a FAB account**.
• Two year fixed rate from 3.94% with a salary transfer to FAB account* and 4.24% without salary transfer to a FAB account**.
• Three years fixed rate from 3.94% with a salary transfer to FAB account* and 4.24% without salary transfer to a FAB account**.
• Five years fixed rate from 4.19% with a salary transfer to FAB account* and 4.44% without salary transfer to a FAB account**.

Other great benefits include:

1. Get  market-leading*  rates  when you transfer your salary to a FAB account. You’ll also get to choose a FAB credit card to complement your loan, if you do not already hold one

2. Plus earn up to AED 12,500 cashback when you transfer your salary to a FAB account and open an iSave Account with our Multi Product Package offer** Learn more

3. 60-day grace period before your first instalment or 120-days for mortgage transfers

4. Refund of early settlement and valuation fees for mortgage transfers

5. Waivers of processing fees for mortgage transfers

6. Up to 85% financing for first-time buyers

7. No approval-in-principle fee

8. Exclusive deals on processing fees and discounted valuation fees on properties with major developers

Conditions apply.

*Market-leading designation is applicable solely to the one and two year fixed periods, as substantiated by recent market studies, however this designation may no longer reflect current market conditions

**The subsequent mortgage rate you’ll move to when your current deal ends is equivalent to the Mortgage Base Rate (MBR) minus 5% or 3 months EIBOR + 1.5% for customers with a salary transfer to a FAB account, and it will not fall below a specified rate of 1.99% over an agreed period of time.

***The subsequent mortgage rate you’ll move to when your current deal ends is equivalent to the Mortgage Base Rate (MBR) minus 4.5% or 3 months EIBOR + 1.89% for non-salary transfer customers, and it will not fall below a specified rate of 1.99% over an agreed period of time