Dubai Islamic Bank Home Finance — Sharia-Compliant Excellence
Enquire NowDubai Islamic Bank (DIB) is the world's first modern Islamic bank and one of the UAE's most trusted names in Sharia-compliant home finance. DIB offers competitive profit rates, flexible tenures, and finance for both UAE nationals and expatriates looking to purchase residential or investment properties.
Key Features
- ✓World's first modern Islamic bank
- ✓Flexible Ijara and Murabaha structures
- ✓Finance for completed and off-plan properties
- ✓Competitive early settlement terms
Typical Rates
Profit rate from 3.79% fixed for 1 year, reverting to EIBOR + 1.45%
Rates are indicative and subject to change. Contact us for a personalised quote.
Frequently Asked Questions
What types of properties does Dubai Islamic Bank finance?+
DIB finances a broad range of properties including villas, apartments, townhouses, and off-plan projects from approved developers. Both residential purchases and investment properties are eligible, and DIB has an extensive list of approved projects across Dubai and the Northern Emirates.
What is the debt burden ratio limit applied by DIB?+
In line with UAE Central Bank regulations, DIB applies a maximum debt burden ratio (DBR) of 50% for most applicants, meaning total monthly debt obligations cannot exceed half your gross monthly income. For applicants earning above AED 50,000 per month some flexibility may apply.
Does DIB offer a reducing balance profit rate?+
Yes, DIB's Ijara structure calculates the profit charge on a reducing balance basis, meaning your effective profit payment decreases over time as the outstanding finance balance reduces. This is broadly comparable to an amortising conventional mortgage.
How much deposit do I need for a DIB home finance product?+
UAE nationals typically need a minimum 20% down payment, while expat residents need at least 25% for properties under AED 5 million. For properties valued above AED 5 million, a minimum 30% down payment is required for all nationalities.
Ready to apply with Dubai Islamic Bank?
Let Bradgate Heights handle the application for you. We manage every step from pre-approval through to completion.
Get Started Today