First Abu Dhabi Bank Mortgage Review UAE 2026
First Abu Dhabi Bank (FAB) was formed in 2017 through the merger of First Gulf Bank (FGB) and National Bank of Abu Dhabi (NBAD). Today, FAB is the UAE's second-largest bank by total assets and has a dominant presence in Abu Dhabi. FAB offers competitive mortgage products with a lower minimum salary threshold than Emirates NBD, making it accessible to a broader range of borrowers. FAB is particularly strong for Abu Dhabi property purchases and offers some of the most flexible non-resident mortgage products.
FAB Mortgage Rates (2026)
| Rate Type | Rate | Notes |
|---|---|---|
| Fixed Rate (1-year) | From 3.59% p.a. | For salaried employees |
| Fixed Rate (3-year) | From 3.89% p.a. | Rate stability for 3 years |
| Fixed Rate (5-year) | From 4.19% p.a. | Long-term fixed rate security |
| Variable Rate (EIBOR-linked) | EIBOR + 1.50%–1.89% | Follow-on rate based on segment |
| Non-resident mortgage | From 4.49% p.a. | One of the strongest non-resident programs in UAE |
| Government employee rate | Special rates from 3.49% | Preferential for Abu Dhabi government employees |
| Fixed Rate (1-year STL) | From 3.99% p.a. | STL; effective Mar 2025 |
| Fixed Rate (3-year STL) | From 3.99% p.a. | STL; effective Mar 2025 |
| Fixed Rate (5-year STL) | From 4.19% p.a. | STL; effective Mar 2025 |
FAB Fees & Terms
| Fee / Term | Details |
|---|---|
| Processing Fee | 1.0% of loan amount (min AED 5,000) |
| Early Settlement Fee | 1.0% of outstanding balance (max AED 10,000) |
| Maximum Loan Tenure | 25 years |
| Conventional Mortgage Available | Yes |
| Islamic / Sharia Finance Available | No |
FAB Mortgage Eligibility
| Criteria | Requirement |
|---|---|
| Minimum monthly salary | Minimum Salary AED 15000/- Joint borrowers: Total salay AED 15k - No minimum salary criteria (DBR should be calculated individually - not to exceed 50% for proposed mortgage loan EMI) Elite criteria - Minimum Saalry AED 50,000/- |
| Minimum age | 21 years |
| Maximum age at maturity | 65 years |
| Maximum LTV (expats) | 75% (properties under AED 5M) |
| Maximum LTV (UAE nationals) | 80% (properties under AED 5M) |
| Minimum employment tenure | LOS: 3 months (confirmation required if LOS < 3 months) **6 salary credits to be witnessed |
| Maximum loan tenure | 25 |
| Minimum loan amount | AED 750k (Islamic Only) AED 1 Mn (Conventional) |
| Non-resident eligibility | Available for selected nationalities |
| Maximum loan amount | 20000000 |
| AECB credit score | N/A - however, there should not be any default, delays, bounced cheques and overdue payments |
FAB Pros
- Lower minimum salary threshold (AED 12,000) than Emirates NBD — more accessible to moderate earners
- Market-leading non-resident mortgage program for overseas UAE property investors
- Dominant Abu Dhabi coverage — ideal for Saadiyat Island, Yas Island, and Al Reem Island purchases
- Preferential rates for Abu Dhabi government employees
- Comprehensive digital banking via the payit platform
FAB Cons
- Rates marginally higher than Emirates NBD for standard salaried products
- Slightly slower processing times than Mashreq or Emirates NBD for some products
- Limited specialist Islamic financing — conventional products dominate
Best For
Abu Dhabi property buyers, non-resident investors, and borrowers with lower salary thresholds
About First Abu Dhabi Bank
| Detail | Information |
|---|---|
| Established | 2017 (merger of First Gulf Bank and National Bank of Abu Dhabi) |
| Headquartered | Abu Dhabi, UAE |
| Total Assets | AED 1.1 trillion+ |
| Product Type | Conventional & Islamic |
Frequently Asked Questions
What is the minimum salary for a FAB mortgage?
FAB requires a minimum monthly salary of AED 12,000, which is lower than Emirates NBD's AED 15,000 threshold, making it accessible to more borrowers.
Can non-residents get a FAB mortgage?
Yes. FAB has one of the strongest non-resident mortgage programs in the UAE, allowing overseas investors to finance UAE properties without a UAE residence visa.
Are FAB mortgage rates competitive?
FAB rates start from 3.59% for a 1-year fixed, slightly above Emirates NBD but competitive in the market. Government employees may access preferential rates.
Is FAB better for Abu Dhabi or Dubai?
FAB has a dominant Abu Dhabi presence with local expertise in Abu Dhabi investment zones. However, FAB also covers Dubai properties competitively.
Compare live mortgage rates from FAB and all major UAE banks at our UAE Mortgage Rates page — updated daily.
Compare FAB with Other Lenders
Use Mortigo to compare First Abu Dhabi Bank against 15+ UAE banks. Apply once and get matched with your best mortgage offer. Apply now.
- Compare: Fab Vs Emirates Nbd
- Compare: Adcb Vs Fab
- Compare: Fab Vs Adcb
- Compare: Fab Vs Dib
- Compare: Mashreq Vs Fab
Also see: All UAE Banks | Bank Comparisons | Mortgage Calculator
First Abu Dhabi Bank (FAB) Mortgage Review
First Abu Dhabi Bank (FAB) was formed in 2017 through the merger of First Gulf Bank (FGB) and National Bank of Abu Dhabi (NBAD). Today, FAB is the UAE's second-largest bank by total assets and has a dominant presence in Abu Dhabi. FAB offers competitive mortgage products with a lower minimum salary threshold than Emirates NBD, making it accessible to a broader range of borrowers. FAB is particularly strong for Abu Dhabi property purchases and offers some of the most flexible non-resident mortgage products.
FAB Mortgage Rates (2026)
Rates are indicative as of 2026 and subject to individual bank credit assessment. Contact Mortigo for personalised rate quotes.
Pros & Cons
Pros
Cons
FAB Mortgage FAQs
What is the minimum salary for a FAB mortgage?
FAB requires a minimum monthly salary of AED 12,000, which is lower than Emirates NBD's AED 15,000 threshold, making it accessible to more borrowers.
Can non-residents get a FAB mortgage?
Yes. FAB has one of the strongest non-resident mortgage programs in the UAE, allowing overseas investors to finance UAE properties without a UAE residence visa.
Are FAB mortgage rates competitive?
FAB rates start from 3.59% for a 1-year fixed, slightly above Emirates NBD but competitive in the market. Government employees may access preferential rates.
Is FAB better for Abu Dhabi or Dubai?
FAB has a dominant Abu Dhabi presence with local expertise in Abu Dhabi investment zones. However, FAB also covers Dubai properties competitively.
Eligibility Criteria
Best For
Abu Dhabi property buyers, non-resident investors, and borrowers with lower salary thresholds