Every one of you has your dream home designed, constructed and finished. in your 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? The questions come rapidly with great force, deflating 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 upto AED 10 million Dirham and an incredible 30 years for your dream home. It's a dream solution for your dream home.
KEY PRODUCT FEATURES:
- Special benefits for NIB relationship 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, only for Salary transfer customers
- Range of developer projects being financed
- Flexible tenure (up to 30 years)
* Condition Apply
Pricing:
- Ready Property - 8.5%
- Under Construction Property - 9.0%
Fees
- Processing Fees-1.00%(Financing Amount) Minimum AED 5,000 and Maximum AED 30,000
- Evaluation charges - AED 3,000
PRODUCTS:
Standard Ijarah
This product is for those customers who like it sample. You select the property and we will take care of the rest. The Bank will buy the property on your behalf and lease it back to you for use. Once the terms of our contract have been met, the property will be gifted to you.
Forward Ijarah
If you want an apartment in a project under construction, the financing option is right for you. We will not only provide you financing for your home while it is being constructed, your repayments will start only once your home is ready for occupation.
How to apply?
Visit any of our branches or contact us on 800 Noor (800 6667)
