Ajman Bank revises Home Finance pricing — STL from 3.99% on FTV-based grid effective 1 May 2026

Ajman Bank has rolled out a revised Home Finance pricing grid effective 1 May 2026. Salary-Transfer (STL) pricing is now structured purely by Finance-to-Value (FTV), starting at 3.99% fixed for 3 years for FTV below 50%, with non-STL and Self-Employed grids layered by FTV and finance amount. The bank also covers life Takaful for the first three years.

STL pricing grid (effective 1 May 2026)

Applies to all new Home Finance cases of AED 250,000 & above:

Non-STL and Self-Employed pricing is determined by a combination of FTV and finance amount — advisor consultation recommended for case-specific quotes.

Surcharges and policy notes

• Land financing: +1.0% on the fixed rate, +0.5% on the reverting spread.
• Restricted profession/industry: +1.0% on the fixed rate, +0.5% on the reverting spread.
• Equity release: +0.5% over and above standard rates.
• Processing fee: Nil for STL.
• Life Takaful (Islamic insurance): Bank-borne for the first 3 years.

What it means for buyers

Ajman Bank’s STL grid is now one of the cleaner FTV-banded structures in the market — the 3.99% headline (sub-50% FTV) is competitive with the sharpest Sharia-compliant offers from DIB, EIB and ADIB. Three observations for borrowers:

• If you can put 50%+ down, the 3.99% fixed-3yr is materially cheaper than the 4.40% top band — worth structuring the down payment to land below 50% FTV where possible.
• 3 years of bank-borne life Takaful is a real cash saving — on a typical AED 1.5M loan, this saves roughly AED 6,000–9,000 over the period.
• The +1% restricted-industry surcharge is steep; if you’re in hospitality, travel, or other flagged sectors, compare against banks like ADIB or FAB whose industry policies may be more accommodating right now.

For Self-Employed buyers, the FTV+amount layered structure means there’s no single “rack rate” — speak to an advisor before assuming Ajman Bank is or isn’t competitive for your profile.