MINIMUM SALARY
AED 15,000
FIXED RATE
3.99 %
LOAN AMOUNT
AED 20,000,000
REDUCING RATE
0.55% + 3 months EIBOR in first year
DOWN PAYMENT
Upto 15.00%
Minimum Salary Required
AED 15,000
Max Loan Amount
AED 20,000,000
Fixed Rate
3.99 %
Reducing Rate
0.55% + 3 months EIBOR in first year
Down Payment
Joining Offers
Three years fixed rate from 4.24% with a salary transfer to FAB account* and 5.24% without salary transfer to a FAB account**.
Five years fixed rate from 4.49% with a salary transfer to FAB account* and 5.24% without salary transfer to a FAB account**.
Key Features
Three years fixed rate from 4.24% with a salary transfer to FAB account* and 5.24% without salary transfer to a FAB account**.
Five years fixed rate from 4.49% with a salary transfer to FAB account* and 5.24% without salary transfer to a FAB account**.
Own your dream home today with a FAB Home Loan.
*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.
Credit card is mandatory to secure lower 1, 3 and 5-year fixed rates for salary transfer.
MINIMUM SALARY
AED 15000
FIXED RATE
3.94
LOAN AMOUNT
AED 20000000
REDUCING RATE
3.94
DOWN PAYMENT
15
Minimum Salary Required
AED 15000
Max Loan Amount
AED 20000000
Fixed Rate
3.94
Reducing Rate
3.94
Down Payment
Joining Offers
Enjoy fixed profit rates for up to five years if you have an existing FAB/FAB Islamic credit card or if you apply for an Islamic Credit card
Key Features
Enjoy fixed profit rates for up to five years if you have an existing FAB/FAB Islamic credit card or if you apply for an Islamic Credit card:
With a salary transfer to a FAB Islamic savings account and a credit card*
Fixed profit rate period of One and Two years 3.94%, Three years 4.09% and Five years 4.19%
Without a salary transfer to a FAB Islamic savings account**
Fixed profit rate period of One and Two years 4.34%, Three years 4.39% and Five years 4.44%
Other great benefits include:
*The subsequent profit rate you’ll move to when your current deal ends is 3 months EIBOR + 1.5% profit margin for customers with a salary transfer to a FAB Islamic savings account and it will not fall below a specified rate of 1.99% over an agreed period of time.
**The subsequent profit rate you’ll move to when your current deal ends is 3 months EIBOR + 1.89% profit margin for non-salary transfer customers and it will not fall below a specified rate of 1.99% over an agreed period of time.