Ready Properties
Whether you are salaried or self-employed, our Shariah-compliant Home Finance solutions are designed to help you effortlessly secure completed residential properties. From luxury villas and modern townhouses to premium apartments and buildings across the UAE, your next move starts here.
Features & Benefits
- High Finance Limits: Access substantial funding of up to 15 Million to secure your ideal property.
- Extended Repayment: Enjoy peace of mind with flexible tenure options up to 25 years.
- High Finance-to-Value (FTV): Maximize your purchasing power with financing up to 85% for UAE Nationals and up to 80% for Resident Expatriates.
- Seamless Process: Experience an intuitive, hassle-free application supported by our dedicated property finance consultants.
*Terms and conditions apply
Property Classification Definition
Freehold Properties
The properties which are given or sold by the developers/sellers and give buyer (i.e. UAE Nationals and Expatriates) the rights to own are termed as free hold properties. Freehold properties are built on specific locations as approved by the government authorities.
Non - Freehold Properties
Non free hold properties pertain to areas where UAE Nationals & GCC Nationals can buy properties. The title deeds / mortgage deeds are issued by respective municipality and hence are eligible for finance.
The following are the transactions available under Ready Properties
| New Purchase | Means to buy a property directly from the developer |
| Resale | Means to buy a property from secondary market |
| Buyout |
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Eligibility
The following customers are eligible for availing Ready Property financing from Ajman Bank
- UAE Nationals (Salary starting from 15,000 per month).
- Resident Expatriates (Salary starting from 20,000 per month).
Documentation for Approval
- Duly completed and signed application form
- Valid passport/Khulasat al Khaid Copy/Valid visa/UAE National ID
- 6 months Bank statement
- Salary Certificate
- Copy of Trade License (Self-employed)
- Audited financial statements (Self-employed)
- Relevant property papers (Not required for Pre-approval)
FAQs
Please click on the below link for frequently asked questions
Important Note
Property bought directly from the developer or in Abu Dhabi, needs to be registered as approved developer/project with Ajman Bank.
