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Flexi Home Finance

Flexi Home Finance

You choose your monthly payments

Our Flexi Home Finance offers the flexibility of reducing monthly instalments during the initial years of the commitment, by paying only the variable rental portion of their instalments. 

Features

  • Option available for ready projects
  • Attractive pricing
  • Residents can choose a 2 or 3 year initial period, namely Flexi period
  • Finance of up to 60% of the property value on ready properties
  • Finance up to AED 10 Million
  • Tenors of up to 25 years
  • Life and property takaful bundled with Home Finance

Eligibility

  • UAE Residents: UAE nationals and all expatriate nationalities
  • Salaried: Minimum Salary requirement of AED 15,000 per month
  • For Self-employed: Average Credits of AED 50,000 per month
  • Minimum Age for all primary applicants is 23 years
  • UAE Nationals: Maximum Age at maturity for 70 years
  • Expatriates: Maximum Age at maturity for Salaried is 65 years, and Self employed is 70 years

Documents Required for Initial Approval (Pre-approval)

  • All Identification documents
  • Income documents:

Salaried Customers

  • Original Salary Certificate
  • Original/Copy of Payslips (if required)
  • Last 3-6 months Personal Bank statements, depending on employer profile

Self-Employed Customers

  • Valid Trade License
  • Last 3 months Personal Bank statements
  • Last 6 months/ 12 months Company Bank statements
  • Copy of 2 years audited financials

Documents Required for Final Approval

  • Copy of Title Deed or Sale Purchase Agreement
  • Copy of Down Payment Receipts
  • Copy of MOU in case of property resale transaction
  • Copy of POA (if any), dated not older than 2 years from date of application

Note: Additional documentation may be requested for on a case to case basis

Apply Now

Terms & conditions apply