Examples of Real Estate Finance

All fees are subjected to 15% Value Added Tax (VAT)

Residential Finance (Bayti) and Subsidized financing Murabaha

Tenure (Years)	10
Commitment	No Commitment
Profit Type	Murabaha
First Home	Yes

	Subsidized Financing based on property price	Financing based on property price
Property Price	800,000
Market value	840,000
Down Payment	(10%) or (5%) 80,000-40,000	(10%) 80,000
Tenure (Months)	120
Profit Rate	3.30%	3.30%
Net Financed	760,000.00	720,000.00
Total Financed	1,010,800.00	957,600.00
Monthly installment	8,423.33	7,980.00
FTV	90% or 95%	90%
Settlement Type	Profit+Principal
APR	5.96%	5.96%
Management Fees	5,000.00	5,000.00
Settlement Type	Three months profit + (Principal + Profit) that hasn't been paid during the first two years of the loan tenure

* The above are only examples, as the prices are subject to change if there are influencing factors such as the customer's credit history. - Last Updated: 01/12/2024

Examples Based on Income

Salary	10,000	15,000	25,000
Down Payment	78,100.00	234,000.00	248,520.00
Tenure (Months)	240	240	240
Finance Type	Murabaha	Murabaha	Murabaha
Profit Rate	3.64%	3.64%	3.64%
Principal Amount	781,065.00	1,384,615.00	2,485,207.00
Total Finance Amount	1,349,680.32	2,392,614.72	4,294,437.70
FTV	90%	90%	90%
Monthly Installment	5,623.67	9,969.23	17,893.49
Settlement Type	Principal + Profits	Principal + Profits	Principal + Profits
APR	6.06%	6.06%	6.06%
Management Fees	5,000	5,000	5,000
Early Settlement Fees	Three months profit+ (Principal +Profit) that hasn’t been paid during the first two years of the loan tenure.	Three months profit+ (Principal +Profit) that hasn’t been paid during the first two years of the loan tenure.	Three months profit+ (Principal +Profit) that hasn’t been paid during the first two years of the loan tenure.

* The above are only examples, as the prices are subject to change if there are influencing factors such as the customer's credit history. - Last Updated: 01/12/2024

Pricing List

Product	Profit Type	Minimum Profit Rate	APR
Real Estate Finance ➝ Subsidized Funding - Unsubsidized Funding - Equity Release	Murabaha/Tawaroq	3.00%	5.64%
Real Estate Finance ➝ Off Plan (Exclusive prices)	Tawaroq	2.99%	5.62%
Refinance	Tawaroq	3.46%	6.47%
Investment Real Estate Finance	Murabaha	5.50%	10.01%

* The above are only examples, as the prices are subject to change if there are influencing factors such as the customer's credit history. - Last Updated: 01/12/2024

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