HOME FINANCE - MANZILI

Manzili Home Finance solutions are designed to make owning your home a reality. Available for rates as low as 3.49% per annum, Manzili Home Finance is based on the principles of Shari'a and is designed to suit your financial capabilities and personal requirements. Choose HomeLease* if you are looking for financing for a completed property or opt for HomeInvest** which enables you to release cash from your completed properties.

BENEFITS

Variable rate option starting from 3.49% p.a.
1% Processing Fee (0% processing fee for buy-outs)
60 days installment deferment available
Low rate on Life Takaful
Enrolment into Priority Banking (subject to eligibility)
Pre approved Credit Card

*Please Note: Buy-out options are also available. You can transfer your existing finance from other banks and financial institution to Emirates Islamic at lower profit rates, longer tenors and lower installments.

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List of Approved Areas For Completed Property Financing

Apartments	Villas
Palm Jumeirah	Palm Jumeirah
Dubai Marina	Jumeirah Islands
The Greens	The Springs
The Views	The Meadows
Jumeirah Lake Towers	Emirates Hills
Jumeirah Beach Residences	The Lakes
Jumeirah Village Triangle / Circle	Jumeirah Village Triangle / Circle
Burj Khalifa	Motor City
Downtown Dubai	Victory Heights
TECOM	Falcon City of Wonders
International City	Arabian Ranches
Dubai Silicon Oasis	The Villa
arrowsovery Gardens	Uptown Mirdiff
Motor City	Manazel Real Estate - Al Reef Villas
Dubai Sports City
IMPZ
Uptown Mirdiff

Please Note: The Title Deed must be available for financing.

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DOCUMENTATION REQUIRED

Salaried Residents

Copy of valid passport with a valid residence visa for Expatriates and National ID for Nationals (original required for verification)
Copy of labor contract
Original Salary Certificate less than 45 days old providing details on length of employment, current designation and salary package OR
Salary Transfer Letter in case Salary is transferred to Emirates Islamic
Last three months pay slips (if applicable)
Last 6 months bank statements reflecting salary credits
Liability letter less than 30 days old reflecting borrowings with the bank to which your salary is transferred
Originals of property details including the
- Quote/Offer Letter from the seller,
- Sale and Purchase agreement,
- Title Deed and Site Plan
- Receipts of down payment made to the seller

Salaried Non-Residents

Copy of valid passport (original required for verification)
Original Salary Certificate less than 45 days old providing details on length of employment, current designation and salary package
Last three months pay slips (if applicable)
Documentation from your bank including
- Last 6 months bank statements reflecting salary credits
- Liability/Reference letter no more than 45 days old
- Latest tax returns for the previous 2 years (if applicable)
- Credit Bureau Report (if applicable
Originals of property details including the
- Quote/Offer Letter from the seller,
- Sale and Purchase agreement,
- Title Deed and Site Plan
- Receipts of down payment made to the seller

Self-Employed Residents

Copy of valid passport with a valid residence visa for Expatriates and National ID for Nationals (original required for verification)
Business related documentation (originals required for verification)
- Copy of trade license
- Copy of Chamber of Commerce Registration
- Copy of Partnership Page in case of multiple partners
- Copy of Memorandum/Articles of Association
- Original Audited Financials for the last 2 years
- Copy of Labor Contract
Last 12 months Business Account Statements (6 months is acceptable but not preferred)
Last 6 months Personal Account Statements
Originals of property details including the
- Quote/Offer Letter from the seller,
- Sale and Purchase agreement,
- Title Deed and Site Plan
- Receipts of down payment made to the seller

Self-Employed Non-Resident

Copy of valid passport (original required for verification)
Business related documentation (originals required for verification) including:
- Copy of trade license
- Copy of Chamber of Commerce Registration
- Copy of Partnership Page in case of multiple partners
- Copy of Memorandum/Articles of Association
- Original Audited Financials for the last 2 years
- Copy of Labor Contract
Documentation from your bank including
- Last 12 months Business and Personal Account statements
- Liability/Reference letter
- Latest tax returns for the previous 2 years (if applicable - original will be required for verification)
- Credit Bureau Report (if applicable)
Originals of property details including the
- Quote/Offer Letter from the seller,
- Sale and Purchase agreement,
- Title Deed and Site Plan
- Receipts of down payment made to the seller