First Time Home Buyers Program (FTHB)

In partnership with Dubai Land Department and Dubai Department of Economy and Tourism

Interest Rate starting from 3.99%

High Loan to Value (LTV) up to 85%*

Tailor-made Home Loan Solutions

Have us call you

Name

Mobile Number

Monthly Income (AED)

Employment Status

Property Type

Total limit of Credit Cards (AED)

Monthly installments for your existing loans

Date of birth

Nationality

Emirate

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Who can apply for this Program?

Applicants must not currently own a property in Dubai.

Applicants can either be UAE Nationals or Residents living in UAE.

Emirates NBD reserves the right to evaluate applications based on its credit policies.

DET First Time Home Buyers Program

How does the Program Work?

Step 1

Eligible residents register with Dubai Land Department (DLD)

Dont meet the salary or income criteria new

Step 2

DLD reviews the applications.

Step 3

If customers are approved by DLD, they will be informed and added to approved customer list by DLD.

Step 4

Eligible customers’ information will be shared with developers for communication ahead of project launches.

Step 5

Customers who show interest to any developer’s project then initiates the process for purchase of the property, then start mortgage process with Emirates NBD.

Purchasing Process for an Off-Plan Properties

Know more

Purchasing Process for Ready Properties

Know more

Use our mortgage calculator to see how much your new home will cost

Key benefits and highlights*

Apply with a minimum salary of AED 10,000
Available for salaried and self-employed individuals
Finance up to 85% of the Property Value
Life insurance options available
No application fee
Free partial settlement, up to 20% of the loan amount
Chance to apply with a co-borrower

*Terms and conditions apply.

I want to borrow

AED 250,000 AED 20,000,000

12 Months 300 Months

You can borrow AED {0} Home Loan

with monthly payments as low as

AED

Tentative rate: 6.65% p.a. (reducing)
Rates and benefits will be applicable based on the customers segment, eligibility and borrowing capacity as per the banks credit policy and central bank regulation.
Linked to 1-month EIBOR + 1.99% per annum reducing balance. Reference Rate is calculated based on EIBOR rate as of 04^th November 2024. Rate applicable will be calculated based on the current rate of EIBOR as on the date of loan disbursal.