The Key Facts Statement is a document shared by the bank that clearly explains the key details of the mortgage. It often shares important information such as the interest rate calculations, fees, repayment terms, and any conditions that apply. In the UAE, banks are required to issue a KFS so applicants can review all key terms in writing before signing any agreements. 

The KFS is designed by the bank to make the product easier to understand and to ensure full transparency. In most cases, the bank will require the applicant to confirm they have read the document, and also request signatures be placed directly below this section.It should also be noted that the KFS is a standard document issued by the bank, and therefore certain information such as special conditions or specific product-related details may not be available.