Who can apply for the loan?
To apply for the Emirates Islamic Manzili Home Finance, you must be a UAE national or a resident of the UAE. Both salaried individuals and self-employed residents can apply.
Nationals can finance up to 85% of the property’s value, while expatriates can finance up to 80%. You’ll need to provide relevant documents such as a salary certificate, valid passport, residence visa (for expatriates), and proof of income.
Self-employed applicants will need business-related documents, including trade licenses and audited financial statements. Before applying, ensure that all required documentation is up to date to ensure a smooth approval process.
Required Documentation
✔️Valid passport and residence visa (for expatriates) or National ID (for nationals)
✔️Salary certificate or salary transfer letter (for salaried individuals)
✔️Original labor contract and last 3 months’ pay slips (if applicable)
✔️Business-related documents (for self-employed individuals)
✔️Property details, including sale and purchase agreement, title deed, and site plan
✔️Receipts of down payment made to the seller
✔️Last 6 months’ bank statements for salaried individuals
✔️Liability letter from the bank (if applicable)
A tip for you!
When applying for the Emirates Islamic Manzili Home Finance, ensure you have all the required documents ready in advance. This will speed up the approval process and help you secure the best rates.
It’s also helpful to keep track of your credit history, as this can influence the loan approval process. With a clear understanding of the loan conditions, you’ll be able to make an informed decision. Don’t hesitate to contact customer support for any questions or clarifications before you start your application.
Want to apply for the Emirates Islamic Manzili Home Finance?
Applying for the Emirates Islamic Manzili Home Finance is easy! Simply click on the button below to start your application process. You’ll be guided step-by-step through the process, and our team will help you with any questions. Don’t wait—take the first step toward owning your dream home today!