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Lamar Residence

Enjoy Premium Waterfront
Living Today

With Exclusive 2% discount on property price for FAB 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

Live your dream lifestyle against a backdrop of beautiful beachside views in Al Raha Area with a diverse selection of modern, spacious, residences ranging from chic 1, 2, 3 and 4-bedroom apartments to luxurious duplexes and townhouses. With an exclusive 2% discount for FAB clients.


Easily make your dream home a reality today with a low rate starting from 3.99% per year:

Fixed Rate Period One Year Two Years Three Years Five Years
With a salary transfer to a FAB account** 3.99% 3.99% 3.99% 4.19%
Without a salary transfer to a FAB account*** 4.24% 4.24% 4.24% 4.44%

Other great benefits include:

  • Node Minus Alt
    Get low rates when you transfer your salary to a FAB account, choose a FAB credit card to complement your loan, and earn up to AED 15,000 cashback with our Multi Product Package offer**** Learn more
  • OR
  • Node Minus Alt
    60-day grace period before your first instalment or 120-days for mortgage transfers
  • OR
  • Node Minus Alt
    Partial settlement up to 25% of loan outstanding annually without fees, during the variable rate period
  • OR
  • Node Minus Alt
    Refund of other banks early settlement fees, property valuation fees, and waiver on processing fees for buyout loans
  • OR
  • Node Minus Alt
    Up to 85% financing for first-time buyers
  • OR
  • Node Minus Alt
    Processing fees are waived* for salaried first-time property buyers and those making handover payments to developers. Non-salaried customers receive a 50% discount
  • OR
  • Node Minus Alt
    Dedicated Mortgage advisors
  • OR

Learn more about Emirates Interbank Offered Rate (EIBOR)

Learn more about Multi Product Package offer



Conditions apply.

A 2% discount is available exclusively for FAB clients who register through the bank, applicable only for direct purchases. This discount does not apply to transactions made via third-party intermediaries or agents.

*Capped at AED 25,000. Offer valid till 31st May 2025.

**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.

****Offer is valid for new and selected existing customer only. Products need to be availed within 90 days.

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