Noor Bank Home Loans for Non-Residents | MoneyCamel

Noor Bank Home Loans for Non-Residents

Noor Bank

Noor Bank Home Loans for Non-Residents

New Home Loans
CAMEL VIEW
  • Interest rates starting from 4.99% p.a.
  • Fully transparent EIBOR linked profit rates.
FEATURES
Interest/Profit Rate 
4.99 % p.a.
Maximum Loan Amount 
AED 15,000,000
Maximum Loan Tenure 
25 years
Minimum Monthly Income 
AED 40,000
Shariah Compliant 
Yes
Salary Transfer Mandatory 
No
Maximum LTV 
70 % of Property Value
FEES & CHARGES
Late Payment Fee 
AED 150
Prepayment Fee 
1% of Loan Amount
Valuation Fee 
AED 3000
Loan Closure Fee on Balance Transfer 
1% of Loan Amount
Processing Fee 
1.5% of Loan Amount
ADDITIONAL INFORMATION

4.99% p.a is fixed for 2 years, or you can get 5.49% fixed for 3 years. Variable Rate applies for subsequent years.

Option to include the processing fee in the finance amount. Combined annual insurance premium of 0.5% on finance amount applicable.

Non-UAE residents in the GCC and other potential investors from a wide range of G20 countries can obtain finance for up to 70% of the value on ready properties.

Feedback

Login

Loading