UAE 
Applying for a mortgage with FAB is easy. Start the journey to your new home with these simple steps:
First Abu Dhabi Bank
First Abu Dhabi Bank P.J.S.CGET - On the app Store
Home Loan for Residences and Investments in UAE
WARNING
- If you do not keep up your repayments/payments, you may lose your property
- You may have to pay penalties if you pay off a loan/financing early
- Refinancing your loans/financing may take longer to pay off than your previous loan/financing and may result in paying more in interest/profit
- If you do not meet the repayments/payments on your loan/financing, your account will go into arrears. This may affect your credit rating, which may limit your ability to access financing in the future
Own your own home with FAB’s range of mortgage options and rates starting from 3.99%.
Enjoy a range of great rates on a FAB Mortgage with fixed and variable rate options, low down payments, high mortgage amounts and low fees. Our mortgage advisers will be with you every step of the way to advise on the best mortgage for you, and you’ll get great benefits, including your choice of FAB credit card.
Enjoy our fixed rate mortgages of up to five years:
| Fixed rate period | With a salary transfer to a FAB account* | Without a salary transfer to a FAB account** |
| One year | 3.99% | 5.24% |
| Three years | 4.24% | 5.24% |
| Five years | 4.49% | 5.24% |
Other great benefits include:
- Get best-in-market fixed rates when you transfer your salary to a FAB account. You’ll also get to choose a FAB credit card to complement your loan, if you do not already hold one
- Plus earn up to AED 12,500 cashback when you transfer your salary to a FAB account and open an iSave Account with our Multi Product Package offer* Learn more
- More flexibility with our variable rates: One-year variable rate from 0.55% + 3 months EIBOR for the first year and 1.5% + 3 months EIBOR from the second year onwards
- Up to 85% financing for first-time buyers
- No approval-in-principle fee
- Up to AED 10,000 in FAB Rewards when you transfer your salary to a FAB account
- Exclusive deals on processing fees and discounted valuation fees on properties with major developers
Own your dream home today with a FAB Home Loan.
*These rates are subject to transferring your regular salary to a FAB current account and getting a FAB credit card if you do not already hold one. Up to AED 12,500 cashback is valid if you get a mortgage with a salary transfer and a new credit card (if you do not already hold one) and open an iSave Account. AED 12,500 is available in FAB Rewards for customers earning AED 50,000 or more per month. For customers earning a salary of under AED 50,000 per month, cashback is up to AED 10,000. The subsequent mortgage rate you’ll move to when your current deal ends is equivalent to the Mortgage Base Rate (MBR) minus 5% or 3 months EIBOR + 1.5% for customers with a salary transfer to a FAB account, and it will not fall below a specified rate of 1.99% over an agreed period of time.
**The subsequent mortgage rate you’ll move to when your current deal ends is equivalent to the Mortgage Base Rate (MBR) minus 4.5% or 3 months EIBOR + 1.89% for non-salary transfer customers, and it will not fall below a specified rate of 1.99% over an agreed period of time.
Made up your mind?
Apply now
The Mortgage Application Process
Submit your interest
Fill in a form online or contact one of our specialists directly to begin the process. You can use our mortgage calculator for an estimation of your monthly repayments. https://www.bankfab.com/en-ae/personal/mortgages/mortgage-calculator
Consultation
A member of our team will contact you to discuss your eligibility and product offerings. They will advise on the next steps and how to move forward. Once you have an idea of your budget, you can start to look for your home. In addition, you can apply for an approval in principle (AIP) through our specialist to get an estimate of how much you will be eligible to borrow.
Valuation of your home
Once you find your property, you need to sign a MOU (Memorandum of Understanding) with your agent and to arrange a valuation of your home with a FAB Home Representative.
Complete and submit required documentation
You will then fill in any required applications and provide the documentation needed for final approval, i.e., Mortgage Application Form Income Proof, Sale and Purchase Agreement and any other items that your mortgage specialist advises on. Once completed, the mortgage specialist will submit your application to the bank for the final decision.
Signing the home offer letter and mortgage approval
Your mortgage loan undergoes the process of application approval. The FAB Home Representative will confirm all your documentation. Once your loan application is approved by the bank, you will need to sign an acceptance of the offer letter, together with the Mortgage Terms and Conditions. Take note that you may be requested to pay related bank charges (i.e., documentation processing fee, valuation fee, property all risk insurance) as well as to furnish evidence of the loan difference between the loan amount and the property purchase amount. You're one step closer to your new home!
Registration and Disbursal
The final steps are completed, and your dedicated mortgage specialist will assist you with how to proceed. You will need to visit the Land Department and register your home as well as to mortgage your property to the bank. Subsequently, the loan will be disbursed and a Manager Cheque (MC) or account transfer will be done to the seller, developer or third party.
Completion
The property is yours. Please remember to commence your monthly commitment to the bank.
Can't find what you are looking for?
We are currently experiencing higher call volumes than usual. We encourage you to use the FAB Mobile application and check our Frequently Asked Questions (FAQs) page.