Finance Option

• Completed application form from relevant lending company.
• Copy of valid passport & resident's visa.
• Current original dated salary certificate (stating designation, length of service, detailed breakdown of salary.) Dated within last 30 days)
• Original bank statements for the last 6 months (can be up to 2 years in certain cases) showing salary transfer of employed individuals, business bank statements also required if self-employed.
• Liability Letter (from your bank - original) or clearance letter.
• Sale Agreement (between the customer & the developer). Proof of down payment (receipt).
• Audited financial statements for the last 3 years (if self-employed) - original.
• Copy of Trade License (if self-employed).
• KYC form.
• Proof of down payment/deposit (receipt).
• AED 3500 (cheque) which is part of the processing fee.
• Post - dated cheques or standing order.
• Details of property. This will include a copy of Receipts for payments made by the owner to the Developer to date.
• Life and property insurance - This may require a medical, dependant on sum assured.
  
  Note: All applicants are required to have been permanently employed with their current company for a minimum of 1 year before applying for a mortgage. There is a minimum age requirement of 21 years and maximum of 60 years for expatriates (65 years for UAE nationals) at the maturity of the loan.