Dubai Islamic Bank Al Islami Home Finance Multiple Property Finance

With the Dubai Islamic Bank committed to helping individuals purchase a residential property by providing a vast range of attractive products for a home loan in UAE, it is safe to say that your dream home might be closer than you think. Whether you are a resident of the UAE or an expatriate, you will find a suitable DIB home loan plan for you. 

Before you start the application process for a mortgage loan in UAE with the DIB, you can first go through all the major features of Dubai Islamic Bank Al Islami Home Finance Multiple Property Finance. 

DIB Home Finance Murabaha Fixed Rate Commercial

  • Minimum Salary AED 10,000
  • Monthly Payment AED 8,676
  • Flat Rate NA
  • Reducing Rate 6.25%
  • No Salary Transfer
  • Islamic Finance
  • sharia Compliant

Features & Benefits of Dubai Islamic Bank Al Islami Home Finance Multiple Property Finance

Here is a list of all of Dubai Islamic Bank Al Islami Home Finance Multiple Property Finance features.

  1. Manageable Rates of Interest - With this DIB home loan offering an annual interest rate of 6.25 percent per year, you can avail of the required funds without letting the interest amount have a considerable impact on the overall loan cost.
  2. Large Loan Amount - An amount of up to AED 50,000,000 (AED 50 million) can be with a DIB mortgage loan.
  3. Hassle-Free Repayment - If you wish to repay your mortgage loan in UAE in low monthly installments, this type of DIB home loan will be of your interest as it can be repaid in a period of up to 25 years.
  4. No Salary Transfer Mandate - Customers can easily apply for a DIB home loan in UAE without being required to transfer their salary to the bank to be considered eligible. If you have an active account with Dubai Islamic Bank, though, you can avail of extra benefits with respect to your loan.
  5. Swift Loan Application - Owing to the minimal document requirements of DIB regarding its mortgage loan in UAE, the application procedure for the same can be easily completed without much effort required on your part.

Interest Rates for Dubai Islamic Bank Al Islami Home Finance Multiple Property Finance

Dubai Islamic Bank Al Islami Home Finance Multiple Property Finance Residential has the following interest rate for the plan:

Home Finance Plan

Interest Rate Starting at 

Dubai Islamic Bank Al Islami Home Finance Multiple Property Finance

6.25% per annum

Eligibility Criteria for Dubai Islamic Bank Al Islami Home Finance Multiple Property Finance

The following factors will determine whether an individual qualifies for a DIB home loan in UAE:

Age Requirement

At least 21 years old or above

Residency

UAE Nationals and Expatriates

Down Payment

  • 20% of the property value for UAE Nationals
  • 25% of the property value for Expatriates

Salary Requirements

  • At least AED 10,000 per month for UAE Nationals
  • AED 12,000 or more for Expatriates

Buy your dream home through Home Loan @ lowest Rate in uae

Reasons to Choose Dubai Islamic Bank Al Islami Home Finance Multiple Property Finance

Given below are the most notable features provided with this DIB home loan that make it an excellent option for home finance in UAE:

  • Interest rates starting from 6.25% per annum
  • Loan amounts going up to AED 50,000,000
  • 25-year loan tenure
  • Swift approval
  • Salary transfer not mandatory
  • Under-construction home financing in freehold regions is available
  • Minimal documentation

Disclaimer: While this plan is not available for purchasing with us at the moment. However, you can always explore the options for a home loan in UAE from the best providers in the country. Continue on policybazaar.ae, visit the ‘Home Loans’ section, and start exploring and comparing!

Frequently Asked Questions

How to apply for Dubai Islamic Bank Al Islami Home Finance Multiple Property Finance?

In order to apply for a DIB Mortgage Loan in UAE, you can check out the bank’s website or visit a branch to complete your application procedure.

What is the current interest rate on Dubai Islamic Bank Al Islami Home Finance Multiple Property Finance?

Dubai Islamic Bank Al Islami Home Finance Multiple Property Finance has an annual interest rate of 6.24 per cent.

 

Reviews & Ratings

4.6 / 5
(based on 24,470 reviews)

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