When dream investments or lucrative business ventures come up, our Mortgage Facility can help you get into opportunities that shouldn’t be missed. Barclays Mortgage Advisors can pay you a visit and work out a plan that serves you best.

Product Features:

• Competitive interest rates (BMR - Barclays Mortgage Rate)
• Simple application process with quick approval decision times*
• Expert mobile Mortgage Advisors available
• Financing available on completed villas and apartments

Criteria:

• Minimum Age 21 years
• Maximum Age 70 years (on maturity of loan)

Term
You can enjoy greater flexibility with mortgage terms from 5 to 25 years, up to your reaching the age of 70. In case your mortgage term takes you past the age of 65, we will ask you to provide us evidence demonstrating sustained capacity for continued monthly repayments in your later years.

Loan to Value (LTV)
LTV is calculated using the lower of the valuation or the purchase price. The maximum LTV considered for an applicant is determined on an individual case- by- case basis determined by a number of factors. Your Mortgage Advisor will inform you of the applicable percentage.

Up to a maximum of 75%* (of the purchase price or the valuer’s assessment; whichever is lower and dependant on whether purchasing a villa or apartment developed by a Master or Tiered Developer)

Minimum loan: AED 250,000
Maximum loan: AED 7,500,000

*Subject to change. Terms and Conditions apply