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FAQ

Mortgage Loan for Land Financing

CBD offers Mortgage Loan for Freehold Land Financing with the below conditions:

• Max. 50% LTV based on  current evaluated value of the land
• Max. Finance amount restricted to AED 10MN
• Max. Tenor to be capped at 15 yrs.
• No top-up allowed till completion of construction
• Land to have no restrictions on construction Deadlines
• UAE Nationals: Land can be a normal land or a Farm land in any emirate with Clear Title Deed and First Rank Mortgage registrable at Land Dept./ Municipality
• Expats: Land to be Free Hold land restricted to Emirate of Dubai with Clear Title Deed and First Rank Mortgage registrable at DLD

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