Home Finance
Every one of you has your dream home designed, constructed and finished in your own mind. You know exactly how it should feel and look because it's your dream home.
When you find the dream home, relief and excitement are quickly followed by worry and frustration. How will you finance this house? Who will provide the best terms? How long will it take? How expensive will it be? These questions come quickly, subduing the joy of finding your dream home.
Noor Islamic Bank Home Financing is an oasis for the tired, frustrated home buyer. Our goal is to make you comfortable from the moment you meet us. Our products and services are designed specifically with financial convenience and comfort in mind. We give up to AED 10 million and an incredible 25 years for your dream home. It's a dream solution for your dream home.
Key product features
Special benefits for Noor Islamic Bank Customers
Personalized service
Financing Facility up to AED 10 Million*
Maximum financing of 80%* of property value
Extremely competitive rates and fees
Financing for Ready and Under-construction residential property, (Under-construction only for UAE Nationals) for Salaried and Self-employed individuals
Range of developer projects being financed
Flexible tenure (up to 25 years)
*Conditions Apply
Pricing
Fees
Processing Fees - 1.00% (Financing Amount) Minimum AED 7,000 and Maximum AED 40,000
Evaluation charges - Maximum of AED 3,000
Products
Standard Ijarah
This product is for those customers who prefers simplicity. You select the property and we will take care of the rest. The Bank will buy the property and lease it to you for your use. Once the terms of our contract have been met, the property will be gifted to you.
Equity Release
If you already own your house and you need cash for your business / personal needs, you can come to Noor Islamic Bank and avail Equity Release product. We provide up to 55% of the property value for Equity Release.
Construction Finance
If you want to construct your own house, just walk in to any of our branches and we will guide you to through our Construction Finance product so that you can construct your house the way you want
How to apply?
Visit any of our branches or contact us on 800 Noor (800 6667)