Dubai Islamic Bank Al Islami Home Finance Top Up Cash Against Existing Finance

While purchasing a property is among the most significant decisions of an individual’s lifetime, it may appear intimidating due to the costs involved. However, with the help of correct house loan programmes like Dubai Islamic Bank (DIB) Al Islami Home Finance, a type of DIB home loan, the goal of owning a home can be quickly transformed into a reality. 

The plans related to home loan in UAE offered by Dubai Islamic Bank provide fantastic features that will prove beneficial when you plan for funds for purchasing a house in the UAE. Moreover, with the option to avail of a top-up service against existing finance with Dubai Islamic Bank Al Islami Home Finance Top Up Cash Against Existing Finance, a wide range of properties are now within your reach. 

Al Islami Home Finance Top Up Cash Against Existing Finance

• Minimum Salary AED 10,000
• Monthly Payment AED 8,051
• Flat Rate NA
• Reducing Rate 4.75%

• No Salary Transfer
• Islamic Finance
• sharia Compliant

 

Apply Now

Features & Benefits of Dubai Islamic Bank Al Islami Home Finance Top Up Cash Against Existing Finance

Dubai Islamic Bank is widely recognised among the most prominent lenders in the UAE market, with the bank having some of the most flexible and affordable products for a home loan in UAE in its array.

Here is a list of all the vital features and benefits that can be enjoyed with Dubai Islamic bank al Islami Home Finance Top Up Cash Against Existing Finance.

1. Long Loan Term - This type of DIB Home Loan allows borrowers to make the repayments in up to 25 years. With a tenure this long, you can plan your finances better.
2. Low Rates of Profit - Profit rates of this DIB Mortgage Loan start as low as 4.75% per annum, ensuring access to sufficient funds at manageable charges for users.
3. High Loan Amount - Dubai Islamic Bank offers loan amounts of up to AED 50,000,000 in this category. Consequently, you will be equipped with ample funds to buy your preferred property with this mortgage loan in UAE by DIB. 
4. Zero Salary Transfer Requirement - Applicants don’t need to transfer their salary to be eligible for this DIB Home Loan in UAE, as the bank offers a home loan in UAE with zero salary transfer requirements. However, having a salary account with the bank can be beneficial in terms of perks like low-interest rates. 
5. Minimal Documentation - To save applicants from getting trapped in exhausting paperwork, Dubai Islamic Bank has kept its documentation requirement to the bare minimum for DIB mortgage loan applicants. The bank merely requires verification of your identification and earnings when you apply for a  mortgage loan in UAE. 

Profit Rates for Al Islami Home Finance Top Up Cash Against Existing Finance

DIB Home Loans are among the most affordable home finance products available in UAE. The profit rates for the same are shown in the table below:

Eligibility Criteria for Dubai Islamic Bank Al Islami Home Finance Top Up Cash Against Existing Finance

Discussed below are the qualifying requirements established by the bank for individuals applying for DIB mortgage loan in UAE:

Reasons to Choose Dubai Islamic Bank Al Islami Home Finance Top Up Cash Against Existing Finance

Listed below are the key features related to the DIB mortgage loan that makes it one of the best options for a mortgage loan in UAE:

• Loan amounts ranging up to AED 50,000,000
• 25-year loan tenure
• Low-profit rates starting from 4.75% per annum
• Quick approvals
• Optional salary transfer 
• Minimal documentation