Compare Financial Products
Select 2-4 products to compare side by side. See fees, rates, rewards and eligibility at a glance.
| Feature |
Loan Against Property for UAE
|
Mulhaq Loans
|
|---|---|---|
| Loan maturity | — | — |
| Repayment tenure | — | — |
| Eligibility | For salaried and self-employed individuals. Minimum salary AED 10,000 | Minimum 21 years old to be eligible, Exclusive for UAE Nationals and minimum salary AED 10,000 |
| Annual Charges | — | — |
| Loan Category | Home loan | Home Loan |
| Maximum Tenure | — | — |
| Tentative rate | 5.29% reducing p.a. | 5.29% reducing p.a. |
| Additional Benefits | Free partial settlement up to 20% of the loan amount, Finance up to 85% of the Property Value, Mortgage loan buyouts, Commercial loans for retail spaces & office units and Home Loans for non- | Finance up to 70% of the Property Value, Mortgage loan buyouts, Commercial loans for retail spaces & office units and Home Loans for non-residents |
| Free Insurance & Processing Fee | ||
| Interest Rate | — | — |
| Loan Amount | Loan amount of up to AED 20Mn | Loan amount of up to AED 20Mn |
| Card/Cards | — | — |
| Borrrowing Amount | You can borrow AED 1,000,000 Home Loan with monthly payments as low as AED 19004 | You can borrow AED 1,000,000 Home Loan with monthly payments as low as AED 19004 |
| Minimum Salary | Minimum salary of AED 10,000 | Minimum salary of AED 10,000 |
| Age/Min. Salary (Salary person) | — | — |
| Age/Min. Salary (Self employee) | — | — |
| Processing Fee | — | — |