Arab Bank Jebel Ali Village handover financing — STL from 3.78%, NSTL from 3.95%, zero processing fees

Arab Bank has introduced exclusive pricing under its Developer Tie-Up Partnership with Dubai Holding Real Estate for buyers of Jebel Ali Village at the handover stage — Salaried STL from 3.78%, Non-Salary Transfer from 3.95%, zero processing fees, and free valuation.

Pricing by segment (2-year and 3-year fixed)

Fees, insurance and overpayment

• Bank processing fees: Nil for handover payment
• Valuation fees: Free evaluation exclusively for this project
• Overpayment: 25% per annum without charge — useful for buyers anticipating bonuses or end-of-service settlements
• Life Insurance: 0.025% per month on the outstanding amount
• Property Insurance: 0.0005% per month on outstanding balance

Eligibility

This rate and terms are exclusively available under the Dubai Holding promotion for Dubai Holding Real Estate — Jebel Ali Village at the handover stage. Outside of this developer tie-up, Arab Bank’s standard pricing applies.

What it means for buyers

For Jebel Ali Village buyers reaching handover, Arab Bank’s offer has two clear advantages over the broader market:

• 3.78% on a 2-year fixed for STL salaried is sharper than most banks’ standard Salary Transfer pricing right now.
• The 25%-per-annum overpayment allowance without charge is unusually generous and meaningful for high earners or buyers expecting lump sums.
• Free valuation + zero processing fees remove ~AED 5,000-10,000 of upfront cost.

The trade-off vs DIB’s parallel Jebel Ali Village offer is the variable margin — Arab Bank uses 1.99% over 6-month EIBOR vs DIB’s 1% over 3-month EIBOR. If you’re likely to refinance after the fixed period, DIB’s lower follow-on margin matters less. If you plan to hold the variable rate long-term, the lower follow-on becomes important.