Customers can avail finance up to 50 per cent of their UAE property value for a 25-year period.
Emirates Islamic has launched home finance solutions to help non-residents purchase property in the UAE.
In a statement, the bank stated that investors residing in Kuwait, Oman, Bahrain as well as Saudi Arabia, India, and the United Kingdom among other countries can avail finance up to 50 per cent of their UAE property value for a 25-year tenure at attractive profit rates.
Wasim Saifi, Deputy CEO - Consumer Banking and Wealth Management at Emirates Islamic, said, "We are extremely delighted to introduce home finance solutions to non-residents, helping them take the first step towards owning a property in the UAE.”
Emirates Islamic announced the new home finance solution during its participation in the recently held second edition of Dubai Land Department's Dubai Property Show in Shanghai.