Al Islami Home Finance - Refinance

Al Islami Home Refinance allows you to enjoy the enhanced value of a home you already own, or have bought on payments with finance from another bank. You have three options:

    1. Enjoy the increased value of an existing property for a second home, a yacht, investments or your children’s education.
    2. If the property is mortgaged to another organisation, Dubai Islamic Bank will not only take over the property, but will also fulfill the gap between your existing finance and the current price at which Dubai Islamic Bank will purchase the property.
    3. A simple switchover of finance that will give you better rates as well as the peace of mind that banking with Dubai Islamic Bank brings.

Features:

  • Finance up to 70% of current market value
  • Finance value up to AED 10 million
  • Available only for ready properties
  • Salary transfer not required
  • Competitive terms
  • Islamic insurance (Takaful) available