ADCB
Standard Mortgage Loans

Salaried

• Completed application form
• Proof of booked property (if any) 
• Declaration of source of down-payment
• Valid Passport, Visa & EIDA Card copy
• Last 6 months bank statements copy
• Salary Certificate, issued to ADCB and dated 30 days or less from date of loan application
• Salary transfer letter (if transferring salary to ADCB)
• Details of existing loans/liabilities

Self Employed

• Completed application form
• Proof of booked property (if any) 
• Declaration of source of down-payment
• Valid Passport, Visa & EIDA Card copy
• Last 6 months bank statements copy for both personal and company accounts
• Last 2 years audited financial statements copy (For loan value greater than AED 2.5 Million)
• Valid Trade License copy (If applicable: Memorandum of Association/Articles of Association/Share Certificates)
• Details of existing loans/liabilities

All UAE residents (UAE Nationals and Expatriates) and non-residents earning sufficient income from either a salary or from running a company (self-employed), are eligible to apply for an ADCB Mortgage (Min AED 75,000 pm average credit turnover for self employed) The applicant if an UAE resident (Nationals & Expatriates), must be aged 21 and above, and if a Non-resident must be aged 25 and above to be eligible for a mortgage from ADCB.

Employment Category

UAE Nationals : Salary AED 8000
Expatriate Residents : Salary AED 15000
Non-residents :  Not Applicable: Minimum AUM with ADCB 200,000
Self-employed average credit turnover  AED 75,000 p.m.

• Dedicated ADCB Mortgage Centres will ensure convenient, seamless and stress-free home buying experience
• Experienced and dedicated Mortgage Relationship Managers to guide you through the entire loan application process
• Dedicated after-sales mortgage service and helpline 
• Ability to switch to a different mortgage loan variant anytime during the loan period
• Flexibility to partially settle your mortgage loan anytime
• Option of Islamic or Conventional Home Finance
• Financing up to 85% of property value for UAE Nationals, 80% for Expatriates and up to 50% for Non-residents
• Competitive Interest Rates with following structures:
• Hybrid Structure - Fixed for initial years and variable thereafter
• Variable Rate Structure - Based on relevant EIBOR + Margin
• Repayment tenure of up to 25 years for UAE Nationals and Expatriates and up to 15 years for Non-residents
• Flexibility of partial settlement during the duration of the loan
  • Up to 85% Finance of the property value for UAE Nationals
  • Up to 80% Finance of the property value for Expats
  • Up to 50% Finance of the property value for Non Residents
• The interest rate mentioned on this page is applicable for Excellency/ Emirati Excellency customer segments. The applicable rate shall vary depending on customer segment and profile
• A processing fee might be applicable to avail the facility.
• For the duration of the loan, insuring the property and maintaining a life insurance policy are mandatory.
• External evaluators will determine the property value, which may result in additional charges.
• The maximum Loan To Value (LTV) offered depends on the current construction stage of the property, total property value and number of home loan facilities availed.
• Hybrid loan interest rate structure implies fixed rate for initial years after which the variable rate based on relevant EIBOR + Margin applies