Manzili Home Finance Emirates Islamic Bank
Min. salary
AED 15,000
Reducing / Flat
1.92% / 3.49%
Down Payment
25%
The first step to owning your dream home.
Max Amount
AED 20,000,000
Arrangement Fee
1.00%
Early Settlement Fee
1.00 %
Apply online now
Fill in your details and our expert advisor will contact you soon.
Unique Features
- Attractive and highly competitive profit rates linked with EIBOR.
- 1% Processing Fee (0% processing fee for buy-outs).
- 60 days installment deferment available.
- Low rate on Life Takaful.
- Enrolment into Priority Banking (subject to eligibility).
- Pre approved Credit Card.
Eligibility
- You require a minimum salary of AED 15,000 per month to be eligible.
- Expats are required to put 25% as the down payment for this finance.
- UAE Nationals are required to put 20% as the down payment for this finance.
- It is not a requirement to transfer your salary to apply.
Documents required
- Copy of valid passport with a valid residence visa for Expatriates and National ID for Nationals (original required for verification).
- Copy of labor contract.
- Last three months pay slips (if applicable).
- Salary Transfer Letter in case Salary is transferred to Emirates Islamic.
- Last 6 months bank statements reflecting salary credits.
- Last 12 months Business Account Statements (6 months is acceptable but not preferred).