NHL Programme for Customers

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

This programme provides Emirati citizens of Abu Dhabi with an interest-free housing loan to buy or to build a private home on a plot of land granted by the Abu Dhabi Housing Authority (ADHA).

Loans are valued up to AED 2.25 million and are repaid in installments over the approved loan tenor. For more details, please see the steps below.

Registration

FAB sends a text message to the customer to download the FAB NHL app.

Procedures for Opening Account for Loan

The customer registers on the FAB NHL app and submits the documents required to open a loan account.

Selection of Consultants and Contractors

The customer selects a consultant to draw up the design, then the contractor is selected through a tender.

Construction

The contractor begins construction on the site, and then FAB begins disbursing payments to it, according to the percentage of completion approved by the project consultant.

Delivery

After the works are completed, the contractor will hand over the house to the owner.

Repayment

The installments will be repaid after the delivery of the project, or after two years from the date of granting a loan to the contractor.

Required documents for Single Accounts

Original passport or an electronic passport from UAE ICP

Original ID or an electronic copy from UAE ICP

Original Salary Certificate (valid and not more than one month old, showing the total salary)

Original title deed for public housing

12 cheques and a bank statement for the past six months from the salary account

IBAN letter indicating the IBAN number in English

Register for “Smart Pass”, activate an account with the Department of Municipalities and Transport – Smart Services Platform, and request the following:
- Land Search (verification) Certificate valid for 15 days
- Land Plan valid for six months
- Application for mortgage registration and selection of the following specification:

Additional Documents Required for Joint Accounts

Salary certificates for all joint holders (if any)

Salary certificate for guarantor (if any)

12 cheques from the customer who will pay the loan instalments or 12 cheques from the guarantor (if any)

In the event of a POA, the POA must include:
- Obtaining credit facilities and account opening
- Conclusion and signature of contracts
- Mortgage and release of mortgage

Notes

Please print the following papers (Salary Certificate, Land Plan, Search Certificate, IBAN) before visiting the branch.
We will not be able to serve you if any of the documents above are missing.
The name of the owner on the ID and passport must be identical to the name sent by the Abu Dhabi Housing Authority.
You must provide proof that there is no income or salary if the loan beneficiary is unemployed.
If the loan beneficiary’s income is from a commercial company, provide a bank statement for the past six months for each licence.
If the loan beneficiary’s income is rental income, provide rental contracts authenticated by the Municipality and the title deed for the rental properties.
In the event of a trustee or minor below 21 years of age, provide court authorisation to open the account and conclude and sign the contracts and mortgage.