Frequently Asked Questions
Find answers to all your queries about our service.
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How to calculate home loan affordability in the UAE?
The maximum tenure is typically 25 years or until the borrower reaches 65 years of age (salaried) or 70 years (self-employed).
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What is the meaning of a mortgage loan?
Yes, some banks offer mortgages to non-residents, but the maximum financing is usually lower (around 50–60% of the property value).
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Is it difficult to get a mortgage in Dubai?
Fixed-rate mortgages – Interest remains the same for a set period. Variable/floating-rate mortgages – Rates fluctuate with market conditions. Offset mortgages – Savings are linked to your mortgage to reduce interest.
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What is the interest rate for a home loan in Dubai?
Typically, you will need: Valid passport & Emirates ID Residency visa (for expats) Salary certificate or proof of income Bank statements (last 6 months) Property details and sales agreement
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What is the minimum salary for a mortgage loan in the UAE?
UAE Nationals: up to 80% of the property value for first homes. Expats: up to 75% of the property value for first homes.For off-plan properties, the LTV is generally lower (around 50%).
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What is the minimum deposit for a mortgage in the UAE?
As an expat, you’ll need a minimum deposit of 20% for properties valued under AED 5 million. If the property costs more, the deposit increases to 30%. For UAE nationals, the minimum starts at 15%.
