ADIB Home Finance Buyout: Current Offer, Fees and Switching Checklist

Reviewed 12 October 2026. Product details are a dated review of the linked official sources; your bank's written offer determines your terms.

ADIB's home-finance buyout is a way to move an existing property loan or finance facility to ADIB, subject to credit approval and property eligibility. At the 12 October 2026 review, its public page advertised a 3.99% annual profit rate fixed for two years. The decision to switch should use the complete written offer and the cost after that fixed period.

What ADIB advertises, and what to confirm

The ADIB buyout page advertises no processing fee, a valuation-cost refund, coverage of the outgoing bank's early-settlement charge and complimentary property Takaful. Treat these as conditional promotional benefits. Obtain written confirmation of qualifying transactions, maximum amounts, exclusions, payment timing and any conditions attached to each benefit.

Offer item	Question to resolve before switching
Two-year fixed profit rate	What rate applies to my applicant and property category, when does it start, and what is the follow-on formula?
Processing waiver	Does it cover this buyout, and are any other bank or third-party charges payable?
Valuation refund	Must I pay the valuer first, what evidence is required, and when is a qualifying refund credited?
Outgoing settlement benefit	What part of the liability letter is reimbursed, what limit applies, and how is VAT treated?
Property Takaful	Which policy and coverage period are included, and what remains payable for life or other required cover?

The advertised introductory rate does not verify a universal follow-on margin or floor. Ask for the bank's reference, reset schedule, margin and minimum rate in the signed offer. A buyout involving additional cash release also needs separate confirmation; do not assume a standard balance-transfer promotion covers it.

Correct calculation of the early-settlement charge

The CBUAE mortgage fee schedule limits the regulated early-settlement charge to the lower of 1% of the outstanding balance and AED 10,000. The outgoing lender must provide the actual liability and fee calculation, including any applicable VAT.

Example: On an outstanding mortgage of AED 3 million, 1% is AED 30,000, but the fee cap reduces that charge to AED 10,000 before applicable VAT. It is incorrect to treat AED 30,000 as the charge and then claim that a AED 10,000 reimbursement leaves a AED 20,000 fee gap.

The total settlement amount will still include the principal and interest or profit due to the settlement date, plus any separately applicable permitted charges. The cap relates to the early-settlement fee, not the entire liability letter. Also distinguish the amount you need in cash before completion from the final cost after an eligible reimbursement.

What a buyout changes

The new bank assesses your current income, debts, age, property and valuation. Approval by your existing bank does not guarantee a new approval. The amount available can change if the valuation or affordability assessment differs.

ADIB's home-finance terms describe an Ijarah arrangement and the obligations for payments and settlement. Ask how the conventional or Islamic facility being replaced will be discharged, which new property documents will be issued and when the new rental schedule begins. Keep paying the existing lender until it confirms settlement and tells you how the last payment is handled.

Compare retention with switching

Ask the current lender for a retention proposal before accepting a new facility. Compare the remaining term unchanged first; extending the debt can reduce the instalment while increasing the period over which you pay finance costs.

Use a single schedule showing the current balance, present and proposed instalments, charges paid upfront, confirmed reimbursements, required cover, future rate and balance remaining at your expected sale date. As a simple screening example, AED 12,000 of net switching costs divided by AED 600 of monthly savings gives a 20-month cash-flow break-even. Both figures are illustrative. The result is useful only if the payment difference persists, and it does not replace a full comparison of interest or profit and remaining debt.

If you expect substantial partial repayments, ADIB's terms describe a 30% annual allowance based on outstanding finance. Confirm the applicable period, balance date and charge on any excess for your offer. This is a product term, not a universal allowance at every UAE bank.

Documents and sequence to prepare

1. Collect identity and income evidence, the current finance statement and property documents.
2. Request ADIB's written eligibility assessment and a quote for the same remaining term.
3. Complete the required property valuation and review the final offer, KFS and promotional conditions.
4. Coordinate a valid liability letter, old-lender settlement, security discharge and new mortgage registration through the banks and relevant property authority.
5. Check the new repayment schedule and follow up on each agreed reimbursement using the required evidence.

A valuation, offer expiry or liability-letter expiry can change the timetable; no fixed completion time is guaranteed here. For a Dubai property, DLD registration charges are separate from the bank's promotion unless expressly covered. If you also need money from the property's equity, read the cash-out refinancing guide before requesting the product.

Sources

• ADIB: Home Finance Buyout
• CBUAE: permitted mortgage early-settlement charges
• ADIB: Home Finance terms and conditions
• Dubai Land Department: Mortgage registration application