Turn your dream of homeownership into reality with Emirates Islamic’s Home Finance. Designed to suit your lifestyle and financial goals, our Shariah-compliant solutions offer flexible payment options, high finance amounts, and access to a wide range of approved projects across the UAE.
Access high home finance amounts of up to 25 million, designed to support premium properties.
Finance up to 80% of the property value for expats and 85% for UAE Nationals.
Enjoy flexible monthly instalments aligned with your cash-flow priorities.
Prepare your documents for seamless processing.
If you’re a salaried resident, you’ll need to provide proof of employment, income, and property details to complete your finance application.
For non-resident salaried applicants, income verification and overseas bank documentation are required along with property purchase details.
Self-employed applicants must provide valid trade and business documents to verify income and business activity, along with property details.
Self-employed non-residents must present verified business documents, overseas bank records, and property purchase details to support their application.
Wondering what your monthly payment could be? Use our Home Finance Calculator to estimate your instalments and plan with confidence.
Check the documents needed for your application, including identity, employment, income, and property details.
For Construction Finance only. View the required details to estimate instalments and plan your finance request.
Provides financial protection for you and your family during unforeseen circumstances. Press the icon to view the full policy document.
Covers your home against damage, loss or unexpected events for added peace of mind. Press the icon to view the full policy document.
There are several key differences. With a conventional home mortgage/home loan, you borrow money to buy a house and then pay the money back over a number of years. You are charged interest on the money you borrow, which is in contravention of Shari'a principles.
In Islamic Home Financing, you will identify the property that you wish to buy and the bank will purchase it on your behalf from the seller. Instead of selling the property to you, the Bank will lease it to you for an agreed period. At the same time, the Bank undertakes to provide the property as a gift to you as long you fulfill all the terms and conditions spelt out in the lease agreement.
The distinguishing feature of this mode is that the assets remain the property of the bank. Over the term of the finance, the bank becomes the landlord and you assume the role of a tenant. During this period you make monthly payments, which consist of a contribution towards the purchase price of the property (principal) and rental payments (profit / interest). When you have made enough 'capital' contributions to match the original purchase price, we transfer the property to you.
Yes, you can refinance the existing home loan facility with other banks through Emirates Islamic Home Finance.
No, Emirates Islamic does not charge any additional profit on accrued profit on any credit product granted to customers.
Discover a range of flexible financing solutions tailored to fit your lifestyle and goals
