ADIB Home/Mortgage Loan Eligibility Criteria in UAE

Abu Dhabi Islamic Bank, aka ADIB, is one of the most popular banks among UAE banking customers providing affordable home loans. With competitive interest rates, flexible repayment periods, high loan amounts and easy processing, ADIB makes it a breeze to get approved for mortgage loans in the UAE.

Table of Content

ADIB Home Loan Eligibility
Why is it important to fulfil loan eligibility requirements for ADIB Mortgage Loans?
Frequently Asked Questions

However, to ensure that your loan application runs successfully, you must first complete the basic eligibility requirements for ADIB home loans in UAE. This article attempts to cover everything you need to know about ADIB home loan eligibility criteria for successfully filing your application.

ADIB Home Loan Eligibility

Banking customers in the UAE may apply for flexible ADIB house loans as long as they meet specific eligibility requirements set by the bank. The eligibility requirements may change as per the product that you pick. Given below is a checklist of all the eligibility requirements set by ADIB for their home loan products:

Eligibility Requirements	Details
Minimum Age Requirement	21 years
Maximum Age Limit	70 years for UAE Nationals 65 years for UAE Ex-pats
Salary Requirement	AED 10,000 per month for UAE Nationals AED 15,000 per month for Expatriates AED 3,000,000 yearly turnover for self-employed individuals

Residency Requirements for ADIB Mortgage Loans

Home Loan Plan	Eligibility Requirements
Property Buyout	UAE Nationals and Ex-pats
Non-Resident Finance	Non-Residents of the UAE
Finance Against Property	UAE Nationals and Ex-pats

Why is it important to fulfil loan eligibility requirements for ADIB Mortgage Loans?

The home loan eligibility requirements are set to determine the creditworthiness of the applicants and to ensure optimum loan amount disbursement. The banks rely on strict guidelines to determine whether a person is creditworthy and responsible enough to properly manage a home loan. Banks only provide loans to applicants who can repay them on time. Fulfilling the minimum eligibility requirements will ensure that your applications get approved. Whereas, exceeding them ensures that you receive a low rate of interest and high loan amount.

Frequently Asked Questions

Applicants up to the age of 70 years are eligible for ADIB home loans.

Applicants need to be at least 21 years old to apply for an ADIB home loan in UAE.

Abu Dhabi Islamic Bank has set the salary requirement to AED 10000 per month for UAE Nationals and AED 15000 per month for ex-pat customers. AED 3,000,000 yearly turnover is required for self-employed individuals.

Yes, both self-employed and salaried individuals are eligible for ADIB mortgage loans.

You can visit the ADIB bank website and follow their loan application procedure to apply for a home loan. Alternatively, you can apply for the same from the home loan page of Policybazaar.ae.

Yes, you can transfer any ongoing home loan plan to Abu Dhabi Islamic Bank.

No, the bank will reject applications if the applicant does not fulfil the eligibility criteria.