A guide to Abu Dhabi Commercial Bank mortgage offers, including their terms/conditions, typical loan offers, and application process with required documents.

Overview of terms and conditions

Abu Dhabi Commercial Bank (ADCB) is the third largest bank by assets in the UAE (AED 486 billion as of Q3 of 2022). ADCB was founded in 1985 following the merger of Emirates Commercial Bank, Federal Commercial Bank, and Khaleej Commercial Bank. Their headquarters are in Abu Dhabi and more than 60% of the business is owned by the Mubadala Investment Company. ADCB offers commercial and retail banking services to its customers across the UAE.

They offer two conventional mortgage products including: 
  • Standard mortgage loans 
  • Only available for selected residential properties 
  • Mortgage Home Saver
  • For regular residential mortgages and completed properties 

The following are the general terms and conditions for their standard home loans that apply to all mortgage applicants.
  • Minimum AED 250,000
  • Maximum AED 24,000,000
  • Up to 30% partial settlement allowed per annum.
  • In excess of 30%, 1.05% penalty on partial settlement amount, capped at AED 10,500 (including VAT) 
  • Late payment fee: 3.15% of the delayed amount, maximum AED 375 per month
  • Bank transfer fee - 1.05% penalty on the exceeding amount, capped at AED 10,500 (including VAT)
  • Life insurance terms 
  • In-house policy: 0.22% per annum of the mortgage balance for single life, 0.44% per annum of the mortgage for joint life if both incomes used for affordability
  • External policy: assignment fee of AED 5,000 + VAT
  • Building insurance: 0.042% per annum of the property value
  • Down payment from*: 
  • 15% for nationals
  • 20% for expats
*The minimum down payment that ADCB offers to each customer depends on the current construction stage of the property, total property value, and the number of home loan facilities availed.

Let’s take a look at Abu Dhabi Commercial Bank’s offers, terms, and conditions for mortgage borrowers taking out conventional, Islamic, and commercial loans. It’s important to note that the actual rates listed are updated as of November 15, 2022, and that all rates, fees, and costs are subject to change without notice. The 1-month and 3-month EIBOR rates are taken from the UAE Central Bank website and are current as of January 17th, 2023.
EIBOR rates are updated daily and change with the market conditions. 

Mortgages for employed borrowers

Abu Dhabi Commercial Bank has different fixed-rate loan offerings depending on your membership status and citizenship. First, we’ll look at the conventional loan offers they have for private clients, Excellency members, and Emiratis (citizens of the UAE). To join as an Excellency member, you must maintain a total relationship balance (including all accounts, fixed deposits, investments, etc.) of AED 500,000. 

Fixed-rate offers for private clients / Excellency clients / Emiratis:
  • 4.99% fixed for 1 year
  • Reversion rate being a fixed margin of 1.99% for the remaining term + 4.644% (3-month EIBOR) = 6.634% 
  • 5.24% fixed for 3 years
  • Reversion rate being a fixed margin of 2.25% for the remaining term + 4.644% (3-month EIBOR) = 6.894%
  • 5.49% fixed for 5 years
  • Reversion rate being a fixed margin of 1.99% for the remaining term + 4.644% (3-month EIBOR) = 6.634% 

Other terms for private clients / Excellency clients / Emiratis:


Now, let’s look at the loan offers they have for their Aspire and Privilege clients. To be an Aspire client you only need: to open a current/savings account and transfer your monthly salary (at least AED 5,000/month) and take an additional product (credit card, mortgage, brokerage, investment product, etc.), or a total relationship balance of AED 20,000.  To qualify for the Privilege Club you need one of the following: a net salary transfer of AED 20,000/month, a total relationship balance of AED 200,000, or a mortgage relationship of AED 1,000,000. Many clients taking out a mortgage loan from ADCB will automatically qualify as Aspire or Privilege clients. 

Fixed-rate offers for Aspire / Privilege clients: 
  • 4.99% fixed for 1 year
  • Reversion rate being a fixed margin of 2.25% for the remaining term + 4.644% (3-month EIBOR) = 6.894%
  • 5.49% fixed for 3 years
  • Reversion rate being a fixed margin of 2.25% for the remaining term + 4.644% (3-month EIBOR) = 6.894%
  • 5.49% fixed for 5 years
  • Reversion rate being a fixed margin of 1.99% for the remaining term + 4.644% (3-month EIBOR) = 6.634% 

Other terms for Aspire / Privilege clients: 

  • Bank processing fee: 0.75% of loan amount (applicable to fixed-rate and variable-rate loans)

The following variable-rate offers from ADCB are the same for all customersVariable-rate offers:
  • 1.5% fixed margin for the life of the loan + 4.644% (3-month EIBOR) = 6.144% 
  • 1.5% fixed margin for the life of the loan + 4.592% (1-month EIBOR) = 6.092%

They also offer another loan type known as the Mortgage Home Saver to help customers save money on interest costs by repaying your loan faster. The Home Saver loan is available to all UAE residents (nationals and expats) for regular residential mortgages and completed properties only. It allows customers to link their current account with ADCB to the loan and earn interest on the balance maintained. The interest that accrues in this account is then used to make an additional repayment towards their principal loan amount every month (on top of their regular monthly payments). 

Mortgage Home Saver offer:
  • 5.24% fixed-interest on current account balance for 2 years
  • Reversion rate being a fixed margin of 2.99% for the remaining term + 4.644% (3-month EIBOR) = 7.634% 

Mortgages for self-employed borrowers

The same mortgage offers listed above also apply to self-employed borrowers as well. You’ll still get access to different loan offers if you’re a private client, Excellency member, or Emirati, but otherwise, the offers will be more or less the same as they are for employed borrowers. ADCB will still require extra documentation for
self-employed borrowers in order to establish their financial stability and ability to repay the loan. We’ll go into further detail about the application requirements later.

Mortgages for non-resident borrowers

ADCB may offer mortgage options for non-residents on a case-by-case basis, with varying terms, conditions, and rates. To learn more, you can contact a mortgage broker who can work with ADCB (and other banks in the UAE) to provide you with personalized offers specific to your situation.

A woman filling out a mortgage application with a pen.

Islamic mortgages


Abu Dhabi Commercial Bank also offers Islamic mortgages that are compliant with Sharia’h law and available to Muslims. 
ADCB Islamic logo

ADCB has three Islamic mortgage products:
  • Home finance
  • Eligible: UAE residents (nationals and expats) and salaried non-residents
  • From 5.28% profit rates per annum 
  • Home finance for government trustees
  • Eligible: UAE national beneficiaries, including UAE nationals and non-Emirate spouses 
  • Flexible repayment installments and processing fees waived 
  • Finance 100% of property value up to AED 5,000,000
  • Up to AED 750,000 profit-free finance 
  • Can finance: buying a house, building a house (construction), the purchase of a home from the local market (UAE-wide coverage)
  • Home construction finance 
  • Up to 75% finance of combined land and construction values
  • Fixed rates during construction period 
  • Can finance: private residential properties 

Commercial real estate financing

As their name suggests, ADCB also has commercial real estate financing options. All of the financing options below also have Sharia’h compliant products available. 
  • Construction finance
  • For construction or development of registered commercial buildings
  • Can finance: construction of commercial registered buildings, including offices, shops, residential and mixed-use buildings 
  • Cashflow from the property is the main source of repayment
  • Loan up to AED 50,000,000 
  • Eligible: UAE-registered businesses and UAE Nationals
  • Lease rental discounting
  • For financing medium to long-term property purchases 
  • Can finance: offices, office buildings, shops, retail outlets, residential buildings, mixed-use buildings, villas, etc. 
  • Loan up to AED 50,000,000 based on future rental income
  • Eligible: UAE registered businesses and individual borrowers (nationals and expats)
  • Commercial property finance
  • For completed commercial property
  • Can finance: offices, office buildings, shops, retail outlets, industrial properties, warehouses, and under construction warehouse (in Abu Dhabi and Dubai) for self-use or business purposes 
  • Loan up to AED 10,000,000
  • Equity refinance up to AED 2,000,000
  • Eligible: UAE businesses only  

Application process

Below is the first page of Abu Dhabi Commercial Bank’s conventional mortgage application. A mortgage broker can help you fill out the application, explain the necessary terms, and ensure that you complete it accurately to have the highest chance of loan approval.
ADCB first page of mortgage application.

In addition to filling out ADCB’s mortgage application, you’ll need to submit a series of documents so they can verify your identity, analyze your financial situation, and approve you for a loan. The documentation that ADCB requires for salaried and self-employed mortgage applicants is below.
Required documents for an ADCB conventional mortgage application
Salaried: Self-employed:
Completed application form Completed application form
Proof of booked property (if any)
Declaration of source of down-payment
Proof of booked property (if any)
Declaration of source of down-payment
Valid Passport, Visa & EIDA Card copy Valid Passport, Visa & EIDA Card copy
Last 6 months bank statements copy Last 6 months bank statements copy for both personal and company accounts
Salary certificate, issued to ADCB and dated 30 days or less from date of loan application Last 2 years audited financial statements copy (for loan value greater than AED 2,500,000)
Salary transfer letter (if transferring salary to ADCB) Valid Trade License copy (If applicable: Memorandum of Association/Articles of Association/Share Certificates)
Details of existing loans/liabilities Details of existing loans/liabilities

For borrowers applying for Islamic mortgage loans, you’ll need to provide the following documents.
Required documents for an ADCB Islamic mortgage application*
Salaried residents: Self-employed residents: Salaried non-residents:
Completed application form Completed application form Completed application form
Proof of booked property (if any) Proof of booked property (if any) Proof of booked property (if any)
Photocopy of passport and visa (UAE nationals must provide a copy of their "Khoulaset El Kaid") Photocopy of passport and visa (UAE nationals must provide a copy of their "Khoulaset El Kaid") Photocopy of passport
Bank statements for past six months Bank statements for past six months for both personal and company accounts Bank statements for past six months
Salary / on-the-job certificate, issued to ADCB - IBD* and dated 30 days or less from date of finance application (*Letter issued by government MOD or MOI accepted) Proof of existence of business (Partnership Deed, Memorandum of Association, Articles of Association) Reference letter from Bank in country of residence
Salary transfer letter (if transferring salary to ADCB- IBD) Business profile: details of the nature of the business, number of years in business, products, services, suppliers, clients, infrastructure, number of employees, target markets, assets and liabilities, business strategy Mortgage credit reports (documents detailing the applicant’s credit history)
Details of existing facilities / liabilities Proof of business income (certified audited financial statements for the last two years);
Details of other income (proof of investments and regular income sources);
Details of existing facilities / liabilities
*Upon facility approval, all borrowers must provide an undated security cheque for the value of the property, drawn from their personal account. This cheque is to be signed by the applicant in the presence of ADCB’s Self-Regulatory Organization (SRO).

Abu Dhabi Commercial Bank may require additional documents from their mortgage applicants, other than the ones listed above.

To sum up

You now know about the mortgage offers that Abu Dhabi Commercial Bank has, from their conventional loans to Islamic loans and commercial loans. While they have a variety of options available to many borrowers, they also have specifications, such as when it comes to their standard mortgage loan offers that are available only for selected residential properties. Here’s where Kredium can help. Our mortgage experts can do the research for you, searching among all of the largest banks in the UAE and presenting you with multiple personalized offers. With our help, you can see what options are available and easily compare the offers without spending time contacting each bank individually. 

You can search our property listing portal which has thousands of properties in Dubai to find your dream home or investment property. Then, you can use a mortgage calculator to estimate your budget and potential rental income. Learn about how you can realize your real estate financing goals through our informational blogs. To find out all the ways that we can help you, just sign-up on our website or reach out to our professionals.

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