First Abu Dhabi Bank Home Loans

First Abu Dhabi Bank (FAB) is the largest bank in the UAE, offering a wide range of personal and business financial solutions. Established through the merger of First Gulf Bank and National Bank of Abu Dhabi, FAB provides innovative banking services with a focus on flexibility and customer satisfaction. The bank is recognized for offering competitive rates, personalized solutions, and a broad portfolio of mortgage products catering to diverse types of borrowers.

Introduction to FAB Mortgage Loans in the UAE

FAB offers a variety of mortgage loans to suit diverse customer needs, including first-time homebuyers, existing homeowners, non-residents, and investors. Whether you are purchasing your first home, refinancing an existing mortgage, or investing in property, FAB provides flexible financing solutions. With competitive interest rates, extended repayment terms, and tailored options for distinct types of properties, FAB mortgage products ensure that homeownership is within reach for UAE nationals and expatriates alike.

Home Loan for New Homeowners

For new homebuyers, FAB offers several mortgage products that cater to both UAE residents and non-residents. These solutions include:

 1. FAB Green Mortgage

The Green Mortgage encourages homebuyers to choose eco-friendly properties by offering lower interest rates and up to 85% financing. Ideal for first-time buyers, this product supports the purchase of energy-efficient homes and offers flexible repayment options over 25 years.  - Key Benefits: Competitive profit rates, support for sustainability, and exclusive green home discounts.

 2. Mortgage Loan for Non-UAE Residents

This mortgage is tailored for non-residents seeking to invest in UAE real estate. It offers up to 75% financing and loan tenures up to 25 years, making it an attractive option for expatriates looking to invest. 

- Key Benefits: Access to UAE property market, competitive interest rates, and flexible repayment terms.

 3. Mortgage Loan for Residences & Investment

This product allows individuals to finance residential and investment properties in the UAE with up to 80% financing and flexible repayment terms. Ideal for investors, this mortgage helps in financing high-value properties. 

- Key Benefits: High LTV, long repayment terms, and competitive rates.

 4. Mortgage Loan for Small Buildings

FAB supports small developers with a mortgage solution for financing small residential buildings. This product offers up to 75% financing, with terms suited for small property investments. 

- Key Benefits: Financing for small-scale developments, flexible loan terms, and high LTV.

Home Loans for Existing Homeowners

For those who already own a home, FAB provides refinancing and equity release options through the Existing Homeowners Mortgage. These products help homeowners manage their finances better, offering competitive refinancing rates and equity release opportunities.

 1. Existing Homeowner Mortgage

This product allows homeowners to refinance their current mortgage or release equity from their property. FAB offers up to 80% financing with flexible terms, making it an excellent option for those looking to lower their interest rates or unlock funds for other financial needs. 

- Key Benefits : Refinancing at competitive rates, equity release, and flexible repayment options.

Mortgage Rates and Terms

FAB offers both fixed and variable mortgage rates to suit different borrower preferences. Below is an example of the current mortgage rates available:

Note: Rates may vary based on market conditions and individual eligibility.

Eligibility for FAB Mortgage Loans

To qualify for FAB mortgage loans, applicants must meet the following criteria:

1. Age : Applicants must be between 21 and 65 years old.

2. Minimum Income : AED 15,000 for salaried individuals, with higher income requirements for expatriates and non-residents.

3. Employment : Available for both salaried employees and self-employed individuals.

4. Residency : UAE nationals, residents, and non-residents are eligible based on the specific mortgage product.

Documentation Required for FAB Mortgage Loans

The following documents are typically required when applying for a FAB mortgage:

1. Valid Passport and Emirates ID : Proof of identity for UAE nationals, residents, and expatriates.

2. Salary Certificate : Issued by the employer for salaried employees.

3. Bank Statements : Last 3-6 months of bank statements.

4. Proof of Property : Documents related to the property being purchased or refinanced.

5. Trade License : Required for self-employed applicants.

How to Apply for FAB Home Loans

Soulwallet is excited to announce its new partnership with specialized mortgage brokers, offering access to over 200+ mortgage loan products across the UAE. Whether you are a first-time homebuyer or looking to refinance, our expert brokers provide personalized guidance to help you find the best mortgage solution tailored to your needs.

Leave your details with us to be contacted by our experienced consultants, who will assist you in navigating the complex mortgage market, ensuring you secure the most competitive rates and terms. At Soulwallet, we prioritize your financial well-being.

Why Choose FAB Home Loans?

First Abu Dhabi Bank (FAB) stands out as a top choice for home financing in the UAE due to its broad range of mortgage products, competitive interest rates, and tailored solutions for both new and existing homeowners. With options like the Green Mortgage, Non-UAE Resident Mortgage, and Investment Property Loans, FAB provides flexibility, extended repayment terms, and personalized customer service. The bank’s commitment to offering innovative, Shariah-compliant, and customer-centric products has made it one of the most popular mortgage providers in the UAE.