UAE Residency Status
Down payment
AED300,000
Mortgage Amount
AED900,000
Interest Amount
AED360,088
AED1,260,088
Total Repayment
Property price
AED
Price of the property
Interest rate
%
Interest rates will varies according to the banks
Down payment (25%)AED300,000
A percentage of the home price paid up front and in cash. Usually at least 20%
Loan duration15 Years
The number of years you wish to take the loan over, maximum 25 years or to a maximum age of 65 for employees, and 70 for self-employed individuals.
Indicative Interest Rates
Monthly repayment with 4.75% Interest rate
AED7,000