| Item | Offer A | Offer B |
|---|---|---|
| Fixed rate | 4.25% | 3.99% |
| Arrangement fee | 0.5% (AED 6,000) | 1% (AED 12,000) |
| Monthly payment | About AED 6,500 | About AED 6,330 |
| Saving on repayments over 3 years | n/a | About AED 6,200 |
| Extra fee paid upfront | n/a | AED 6,000 |
| Net difference over the fixed period | n/a | About AED 200 |
Salaried: passport, Emirates ID and visa, salary certificate, recent payslips, recent bank statements, consent for a credit report.
Self-employed: trade licence, company documents, personal and business bank statements over a longer period, financial records for the business.
Non-resident: passport, attested proof of income, foreign bank statements, proof of the source of your deposit.
Refinance (in addition): current loan statement, title deed, a request for your settlement figure from the existing bank.