ADIB Home Finance for Expats

ADIB Home Finance for Expats – An Overview 

Here is a quick overview of the key features of ADIB home finance for expats –

Parameters	Details
Minimum monthly salary required	AED 15,000
Mortgage loan amount	Up to AED 10 million
Profit rate	Starting from 3.75% (reducing) per annum
Pre-payment of loan	Available
Age limit	Minimum: 21 years Maximum: 65 years
Loan tenure	Up to 25 years

Click here to Apply for this Home Finance

Abu Dhabi Islamic Bank (ADIB) is one of the leaders in Islamic Banking in the UAE and the Middle East. Headquartered in Abu Dhabi, UAE, the bank primarily focuses on providing its customers with top-notch banking experiences as per Islamic laws regarding finance. ADIB is a popular choice for individuals seeking Sharia-compliant finance products owing to its options like ADIB home loans and more. 

One such product offered by the bank is the ADIB home finance for expats. This type of ADIB home loan in UAE can help expatriates easily buy a property of their choice for residence. Several factors make this ADIB mortgage loan one of the best options for a home loan in UAE. 

Let’s have a look at the key features of ADIB home finance for expats and how this type of ADIB mortgage loan in UAE can prove beneficial when planning to purchase a house in the Emirates. 

Features & Benefits of ADIB Home Finance for Expats 

Here are the major benefits that you can enjoy with this ADIB home loan in UAE: 

1. Low Profit Rates- You can spend less money on your home loan in UAE  in terms of profit and dedicate more amount to the planning and designing of your home with the ADIB home finance for expats. The profit rates for this mortgage loan in UAE start as low as 2.06% (flat) and 3.75% (reducing). 
2. High Financing Ratio- With this ADIB mortgage loan providing loan amounts of up to 80% of the value of your property, you would need to complete only a small down payment.
3. Property Insurance- Having a loan plan secured with insurance is necessary to ensure that no difficulties are faced by the family of the borrower in case of the latter’s demise or total disability. With this ADIB home loan in UAE, you can take advantage of property Takaful and have sufficient property insurance.

Documents Required for ADIB Home Finance for Expats 

You can keep the following general documents available before applying for the mentioned ADIB mortgage loan –   

• Valid Passport and Visa
• Papers of the purchased property (If applicable)
• Proof of Income
• Valid trade licence and business ownership documents (if you are self-employed)
• Past 6 month’s bank statements (self-employed individuals may be asked to provide bank statements of both their personal and business accounts)
• Liability letter (If applicable)

Eligibility Criteria for ADIB Home Finance for Expats 

Here are the general eligibility criteria for the ADIB home loan for expatriates –

How to Apply for ADIB Home Finance for Expats?

You can easily apply for ADIB home finance for expats from Policybazaar UAE and experience a seamless application along with various other benefits, offers, and more. The process for the same is fairly easy, as you can visit policybazaar.ae and select the ‘Banking Products’ option on the home page, under which you will find the ‘Home Loans’. Visit this page and fill out the lead form on the page to get to the quotes page. You can then check the specifications of all the plans and apply for your preferred plan.

Applying for a home loan in UAE from policybazaar.ae can bring you a wide range of benefits. At just one platform, you would be able to find the most relevant plans as per your specifications from the best banks and loan providers in the Emirates. 

With our easily-navigable website, you can browse and comprehensively compare the plans so that you buy only the best product. Moreover, our offers and discount make sure that you get the best plans only at the best rates. Other than that, we have an excellent customer care team and finance experts who can resolve your queries at any point of application or even afterwards.  

Top Reasons To Choose ADIB Home Finance for Expats 

ADIB home loan process is fairly swift and easy. If you plan to buy a home in the UAE, ADIB home finance for expats is an excellent way to do so owing to the competitive profit rates and high financing ratio and amount. All these features ensure that you get adequate home finance amounts as well as affordable instalments that don’t prove to be a burden on your budget. With the excellent reputation in Islamic banking and home finances of the ADIB, you can easily go with this bank for your mortgage loan in UAE.

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