Minimum Salary Salary Transfer Islamic Finance Maximum Term Flat Rate Reducing Rate
FAB - Islamic Home Finance FAB - Islamic Home Finance Minimum Salary: AED 15,000 Salary Transfer: Yes Early Settlement Fees: Yes Maximum Term: 25 Years Flat Rate: - Reducing Rate: 0.49%
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Islamic Home Finance

Enjoy our best Islamic Home Finance profit rate ever

Own your dream home with a FAB Islamic Home Finance starting from 3-month EIBOR + 0.49%* only for the first year. 

Your new beginnings are here with exclusive options on a FAB Islamic Home Financing facility.

Enjoy our best Home Finance profit rate ever with a variable rate starting from 3-month EIBOR + 0.49%* for the first year then 3-month EIBOR + 1.20%* per year from the second year onward. We want to make moving into your new home affordable and stress-free.

Looking for a fixed profit rate instead? FAB Islamic has got you covered! We offer fixed rates** starting from 4.79% per year:

  • 2-year fixed profit rate from 4.79%
  • 3-year fixed profit rate from 4.89%
  • 5-year fixed profit rate from 4.99%
  • 10- year fixed profit rate from 5.25%

Our Islamic Home Finance benefits include:

  • Profit rates starting from 3-month EIBOR + 0.49%* for the first year then 3-month EIBOR + 1.20%* per year from the second year onwards.
  • Fixed profit rate options for up to 10 years
  • Up to 85% financing for first-time buyers
  • No approval-in-principle fee

Own your dream home today with FAB Islamic Home Finance.

Terms and conditions apply.

*This is a variable profit rate offer based on a 3-month EIBOR plus a margin rate of 0.49% for the first year then a 3-month EIBOR plus a margin rate of 1.20% per year from the second year onward for customers with a salary transfer to a FAB account who are investing in a home to live in. Rates for investment or non-salary transfer are based on a three-month EIBOR plus a margin rate of 0.74% for one year then a three-month EIBOR plus a 1.74% per year from the second year onward.

**Fixed profit rates mentioned here depend on a monthly salary transfer of over AED 50,000 per month to a FAB current account.

** 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.
Representative Example Calculator
Commercial Bank of Dubai - Mortgage Loan
Minimum Salary
AED 12,000
Reducing Rate
2.49%
ADCB - Home Saver
Minimum Salary
AED 8,000
Reducing Rate
-