Minimum Salary Salary Transfer Islamic Finance Maximum Term Flat Rate Reducing Rate
Al Hilal Bank - Home Finance Al Hilal Bank - Home Finance Minimum Salary: AED 15,000 Salary Transfer: No Early Settlement Fees: No Maximum Term: 25 Years Flat Rate: - Reducing Rate: -

Easy Buy: help you purchase a ‘Ready’ or ‘Under-Construction’ property from the Developer or Seller.

Switch Over: help you move your existing Home Finance with any other Financial Institution to Al Hilal Bank

Refinance (Equity Release): help you make the best use of your own equity. If you own a property partially or in whole and want to use it for your other financial commitments.

Property Investment Finance: For real estate property investment, Al Hilal Bank is there to help your financing need.

Top Up Facility: help you avail Top Up facility on your existing home finance to fulfil your other commitment.

Eligibility Criteria:

Minimum Salary

AED 15,000 for a single applicant

AED 25,000 for joint applicant 

Age Criteria: Minimum 21 years

  • A wide range of products
  • Simple and hassle-free approval process
  • Competitive rental rates
  • Documentation & study fee is 0% when you switch over
  • Free partial settlement on your existing finance
  • Doorstep facility for conducting medical examination wherever applicable
  • Property Takaful contribution paid by the bank for full payment tenure
  • 3rd party claim is covered under Property Takaful
  • Competitive rates offered on Rental Collection Services through approved property management companies for Investment properties
  • High Finance amount up to AED 15 million
  • Flexible payment tenure up to 25 years
  • Salary transfer not mandatory
Documents Required
  • Valid Salary Certificate/ Trade License (if applicable)
  • Valid passport and residence visa page (if applicable) copy
  • Valid Emirates ID
  • Khulasat Al Kaid (Family Book for UAE Nationals only)
  • Latest 6 months bank statements
  • Liability letter addressed to Al Hilal Bank
  • Property related documentation
  • Any other additional documents which may be required thereafter according to the Al Hilal Bank policies and procedures
** Calculator Definitions
Amount: The total amount of money borrowed, also referred to as the principal amount.
Rate (%): This is the annual interest rate on the product which is equivalent to APR, which is going to be calculated in this example.
Years: This is the original term or length of the product, stated in years.
Effective Monthly Payment: This is the effective monthly payment, which takes into consideration fees and other costs associated with this product. The effective monthly payment is the basis for the APR calculation.
Calculated Annual Percentage Rate (%): The Calculated Annual Percentage Rate (APR) is determined using the annual interest rate of the product plus fees and other costs. This rate may differ from bank to bank. APR is useful when comparing two or more products with different interest rates and fee structures.
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