The following are the conditions for a property to be accepted as a security/collateral:

• Property must be completed
• Property can be residential or commercial
• Property can be self-occupied or given on rent
• Property must be located in Dubai
• Property can be in the name of a company or individual (individuals limited to owners/shareholders in entity and father, son, spouse of owners/shareholders)

*All loan approvals at the sole discretion of the Bank. Terms and Conditions shall apply.
** Mandatory that the Property Insurance is "All Risks policy" and the Life Insurance is a "Reducing Term Plan", with Standard Chartered Bank as beneficiary for term of loan.