Under this product variant, a customer approaches the Bank and requests for financing in order to construct a house or villa. The customer would either opt for self-construction or construction through a developer in this case.

Features and Benefits:

  • Maximum Finance amount up to AED 8 million
  • Maximum tenure up to 25 years (inclusive of Construction period)
  • Finance to the value of up to 50%
  • Free Like Takaful (Insurance) for complete term of the finance
  • Financing available for Freehold & Non-Freehold properties
  • Financing available for Residents only
  • Widest geographical coverage
  • Quick and Fast Approvals