It couldn’t be easier

If you are looking to set-up or expand your business and are uncertain between renting and buying the premises then our Office Space Mortgage plan will help you make that decision easy.

Buying an office unit often makes better financial sense, instead of continuing to rent out a space for a long term.  You gain financially by knowing your costs upfront rather than dealing with fluctuations of a rented property through rental increases, and other rental inflations. 

Our Office Space mortgage plan will allow you to fix your loan rate so that you can easily account for your expenses. This will enable you to work towards paying off your loan and owning an income-producing asset.

Key Features

  • Eligibility for up to AED 10 million
  • Loan term up to 15 years
  • Up to 75% LTV commercial loans for purchase or refinance
  • Fast processing and easy documentation

Frequently Asked Questions

Commercial Mortgage is a loan that will help you purchase or refinance your commercial property such as a warehouse, office space or a retail space.

  • Office Space
  • Warehouse
  • Warehouse Construction
  • Retail Shops

No. You do not need to transfer any salary.

You are eligible to access an amount up to AED 10 million. An exception to this rule exists if the applicant meets some criteria. In these cases up to AED 15 million may be obtained.

The loan term can be up to 15 years.

The minimum age is 21 years and the maximum age is 65 years.

The business should be established and in operation for 3 years or more.

The process will take at least seven working days subject to the submission of all required documents.

Abu Dhabi Finance obtains Assurance coverage on the encumbered property. This mitigates the risk of loss to the property’s value due to damage, destruction, natural disasters (earthquake, flood, tornado, hurricane, mudslide), and the like.

Building Assurance Cover is mandatory; Abu Dhabi Finance may also require additional insurance (e.g. Loan Protection Coverage), however this will be determined on a case-by-case basis.

Refinancing is an easy way to solve many of your mortgage worries. Getting a lower monthly rate and paying less over the life of your loan just makes sense. At ADF we’re ready to find the right refinancing solution for you. Our staff of refinance experts will help you evaluate your mortgage needs and draft a refinancing plan that will save you money.

Two major types of refinances are:

  • Rate-and-term refinancing to save money. Typically, you refinance your remaining balance for a lower interest rate and a term you can afford.
  • Cash-out refinancing, in which you take out a new mortgage for more than you owed. You take the difference in cash as equity release or you use it to refinance your existing debt.

A mortgage pre-qualification can be useful as an estimate of how much you can afford to spend on your commercial property. A pre-approval is however; much more valuable because this means the lender has actually checked your credit and verified your documentation to approve a specific loan amount (usually for a particular time period such as 90 days). Final loan approval occurs when you have an appraisal done and the loan is applied to a particular property.

  • Application form.
  • Valid passport & visa copies.
  • Valid Trade License.
  • Copy of Chamber of Commerce Registration.
  • Memorandum & Articles of Association.
  • Three years audited or certified accounts in addition the current management information
  • Assets and liabilities statement.
  • 6 months bank statements of the Company and personal accounts
  • Property documents Title Deed.

Yes, this acts as security for Abu Dhabi Finance in case of non-payment of installments.

Fees & Charges

Origination Fees
Application Fee AED 3,150 (non refundable, but offset against your processing fee)
Processing Fee
  • 1.313% of original loan amount if fee is added to loan amount or paid upfront 
  • Minimum Processing fee of AED 3,150
Valuation Fee Starting from AED 3,150
Account Management Fees
Full Repayment Fees (FRF)2
  • FRF for buyout : 4.20% of the outstanding loan amount at the date of repayment.
  • FRF from own fund/ or sale of property: 2.10% of the outstanding loan amount at the date of repayment
Partial Repayment Fees (PRF)2
  • PRF from own fund/ or sale of property: 2.10% of the extra repaid amount at the date of repayment
Loan Closure Administration Fee3 AED 2,100
Offer Letter Cancellation Fee4 AED 2,100
Fees for Letters
Liability Letter AED 105 per occurrence
No Objection Certificate (NOC) / Clearance letter AED 787.5 per occurrence
Other Fees
Offer Letter Renewal AED 2,100 per occurrence
AIP Renewal AED 2,100 per occurrence
Change in Approval Terms (Pre or Post Disbursement) AED 2,100 per occurrence + Valuation fee + any associated fees incurred from relevant Registration Authority or Developer if applicable
Loan Restructure Fee AED 4,200 per occurrence
Late Payment Fee AED 1,050 per month applied on a monthly basis on any payments overdue by 10 days or more
Default Rate Default interest shall mean: (a) where there is an event of Default5 or where an account is delinquent for more than 60 days, an additional 400 basis points shall be added to the existing interest rate (the “60 Day Penalty Rate”); and (b) where the event of Default or an account remains to be delinquent for more than 90 days, a further 400 basis points shall be added to the 60 Day Penalty Rate.
Returned Cheque Fee/Direct Debit Fee AED 262.50 per returned cheque / dishonoured or failed Direct Debit
Replacement of Cheque / Amendment to DDS account AED 262.50 per cheque replacement/amendment
Change in Payment Date AED 1,050 per occurrence
Permanent Change in Payment Mode AED 525 per occurrence
Deferment of an Instalment AED 367.50 per occurrence
Duplicate of Statement/Document AED 262.50 per request
Registration of Mortgage In accordance with the Developer’s and relevant Registration Authority’s standard fees and charges  
Loan Protection Coverage Mandatory - starting from 0.0417% of the outstanding loan amount per month
Assurance Assignment AED 1,575
Loan Protection Coverage Opt Out Fee 0.3675% of original loan amount for single applicant / 0.525% of original loan amount for joint applicants per annum
Property Covered Mandatory starting from 0.042% per annum of reinstatement value, minimum AED 262.5

The above fees and charges apply to UAE Nationals and UAE Residents only. All fees and charges mentioned above are subject to change at two months’ notice at the sole discretion of Abu Dhabi Finance pjsc. Conditions apply.

1 Non refundable. If a Further Advance is made, the Processing fees as specified above are reduced to 75% of the standard amount (a minimum fee of AED 3,150).

Unless specified otherwise in the Offer Letter.

Fee paid upon closure of the Loan at any time. Fee reduces to AED525 if the Loan is repaid from own resources or the property is sold. this fee include the issuance of one clearance letter and one No Objection Certificate.

payable if the applicant cancels the application after an offer letter is produced but before disbursement.

5 The term Default shall have the meaning ascribed to it in the standard loan terms and conditions. 

Why Abu Dhabi Finance

Abu Dhabi Finance is one of the UAE’s leading financial services companies, providing individuals and businesses alike with the most relevant financial solutions.

Our Vision

To be the most admired real estate financial services company in the UAE

Our Mission

We aim to set the standard in the real estate financial services industry by providing our clients with:

  • Expertise in the local real estate industry, based on our breadth and depth of experience
  • Transparent products and services, built on leading international standards
  • Trusted advisors throughout the real estate investment journey

About Abu Dhabi Finance

Abu Dhabi Finance is the UAE’s fastest growing leading financial services company mortgage lender, providing individuals and businesses alike with the most relevant real estate financial solutions.

Since being formed in 2008 as a private joint stock company partnership between Mubadala Development Company pjsc, Aldar Properties pjsc and ADCB, Abu Dhabi Finance has grown from strength to strength. This partnership brings years of local financial knowledge and real estate expertise, combined with the most solid financial backing in the UAE and a tangible sense of corporate social responsibility.

Abu Dhabi Finance offers innovative financial solutions ranging from residential and commercial mortgages to financial support services. This expertise, coupled with outstanding client service that sits at the heart of everything we do, has translated into numerous customer service and innovation awards since our launch. In 2013, Abu Dhabi Finance became the latest recipients of the Banker Middle East Awards, winning Best Home Finance Company and Best Home Finance Product. Abu Dhabi Finance has also won the Stevie’s Award for Customer Service and the President’s Award for Customer Experience Management for the UAE Customer Service Week STAR Awards.

In 2013, Abu Dhabi Finance expanded its footprint to Dubai, bringing its unique combination of world-class professionalism and intimate client care to the market.

We encourage our clients to aspire to the highest levels of service and to benchmark their expectations against the best internationally. It’s because we have a passion for our community and our clients that we are determined to go to extraordinary lengths to delight them and exceed their expectations.

Abu Dhabi Finance Core Values

  • At Abu Dhabi Finance we define success through the client’s eyes:
    We go to extraordinary lengths to delight our clients and we strive to exceed their expectations
  • We are dedicated to satisfying our clients and we serve them competently, efficiently, knowledgeably, and with flair

At Abu Dhabi Finance, we encourage ideas that are dynamic and creative and we strive to improve:

  • We think differently
  • We do things the right way
  • We welcome the opportunity to improve and develop ourselves and others

At Abu Dhabi Finance, we are one team where every idea and every person counts:

  • We are all equal
  • We recognize and celebrate each other’s achievements

At Abu Dhabi Finance, people and community are served with respect

  • We are proud to support the Abu Dhabi Plan 2030, to transform Abu Dhabi to a global capital city
  • We engage in our community and we embed corporate social responsibility into our business pillars
  • We give extra attention to people and change ourselves to honor our commitments