To help customers make informed decisions we provide a rate chart with fees and charges ranging from Processing and Valuation to Administrative and After Sales. The information is updated in the case of revision or new rates. We believe it is your prerogative to know and access all our fees and charges at the click of a button.
As on June 1, 2012
|
Category |
Charges (AED) |
Amlak Base Rate |
7.25 % per annum |
Application Fees |
|
|
Residents |
6,000/- |
|
Non-Residents |
10,000/- |
|
Re-finance (new customers) |
6,000/- |
|
Top Up (existing) |
3,000/- |
Processing Fees |
0.75 % of Finance Amount |
After Sales Service |
|
|
Offer letter Amendment Fees |
3,000/- |
|
Extension Fee (Pre-Approval/Offer Letter) |
3,000/- |
|
Liability Letter |
1,000/- |
|
Restructuring/Rescheduling/Remedial/Consolidation Charges |
3,000/- |
|
Processing Fee – Land Registration Facility |
500/- |
|
Processing Fee – Service & Maintenance Charges Facility |
500/- |
|
Processing & Documentation Fee – ‘Sulh’ Settlement |
3,000/- |
|
Processing Fee – Additional Rental Restructuring |
3,000/- |
|
Statement Request |
100/- |
|
Copy of documents from customer file |
100/- |
|
Late Payment Fee (Payable to Charity) |
2.5 % of Installment Amount |
Miscellaneous Charges |
|
|
Cheque Return Charges |
250/- |
|
Release of Police Case |
500/- |
|
Property Handover Charges |
1,000/- |
|
Snag/Inspection Charges |
2,500/- |
Property Valuation |
|
|
Based on property value as below: |
|
|
Up to AED 10,000,000 |
3,500/- |
|
AED 10,000,001 – AED 15,000,000 |
5,000/- |
|
AED 15,000,001 – AED 25,000,000 |
8,000/- |
|
More than AED 25,000,000 |
Minimum 10,000/- |
|
Fast Track (valuation within 24 hours TAT) |
2,500/- over and above the normal charges |
Prepayment Charges |
|
|
Own Funds |
4 % of Outstanding Finance Amount (Minimum 15,000/-) |
|
Buyout |
5 % of Outstanding Finance Amount (Minimum 15,000/-) |
|
Partial Prepayment |
2 % of Pre-paid Amount (Minimum 3,000/-) |
Disclaimer: This document is provided for information and illustration purposes only. Amlak Finance PJSC has the right to amend the above without any prior notice.
Indicative amount, actual will vary depending on eligibility & other inclusions (takaful)