As the institution that pioneered home finance in the region, Amlak brings its wealth of experience to you in the form of simple transparent Islamic Financing Schemes. Amlak Ijarah is our basic home finance product built on Islamic principles of Shari’a. Under Ijarah home financing, Amlak buys the property from the developer/seller and leases it out to the customer with a promise to sell at the end of the lease term. The customer pays monthly rentals that comprise of fixed, variable and supplementary rentals.



  • Finance available for all completed residential properties in Dubai and Abu Dhabi
  • Islamic Finance products compliant with the principles of Shari’a
  • Salary transfer is not required
  • Maximum finance amount, up to 80% of the value of the property
  • Competitive profit rates based on customer credit profile
  • Longer tenures, up to 300 months
Fees and Charges
  • Application Fees: AED 5,000/-
  • Processing Fees: 1 % of approved finance amount
  • Valuation Charges: AED 3,500/- (urgent charges extra)
Documents Required
  • Completed application form signed by all applicants (including co-applicants)
  • For UAE Nationals - copy of valid passport including last page
  • For Expatriates - copy of valid passport with valid UAE Residence Visa (minimum 3 months remaining validity), Home Country Residency proof and
  • telephone numbers
  • Emirates Identity Card copy
  • Latest 6 months Bank Statement (Company and Personal)
  • Liability Letter/facility from the bank, if the applicant has any other outstanding finance (not older than 30 days)
  • Proof of other income (e.g. rental/sponsorship)
  • Copies of property documents {e.g. title deed (refinance cases), SPA etc.}
  • Copies of receipts of down payment/progress payment made to developers
  • Copies of Title Deed, Affection Plan, construction cost estimates, approved floor plan for self construction cases
  • Execution of all relevant finance documents on approval (e.g. offer letter, lease agreements etc.)
Additional Info


  • Available to all UAE residents, salaried, self employed individuals and companies/establishments registered in UAE
  • Minimum age at application: 21 years
  • Maximum age at end of finance: 65 years
  • Maximum Tenure:
    • Up to 25 years for UAE Nationals and Expatriates
    • Up to 10 years for Company or Establishment

Finance Criteria:

  • Finance available, up to 80% for all ready properties
  • Minimum Finance Amount: AED 100,000/-
  • Maximum Finance Amount: AED 10,000,000/-

** Calculator Definitions
Amount: The total amount of money borrowed, also referred to as the principal amount.
Rate (%): This is the annual interest flat rate on the product. This is not the APR, which is going to be calculated in this example.
Years: This is the original term or length of the product, stated in years.
Effective Monthly Payment: This is the effective monthly payment, which takes into consideration fees and other costs associated with this product. The effective monthly payment is the basis for the APR calculation.
Calculated Annual Percentage Rate (%): The calculated Annual Percentage Rate(APR) is determined using the annual interest rate on the product plus fees and other costs. The APR is useful when comparing two or more products with different interest rates and fee structures.