Mortgage Services

Your borrowing capacity depends on factors such as income, existing liabilities, and the lender's criteria. Typically, banks in the UAE offer loans up to seven times your annual salary depending on your case, and your total monthly liability repayments, including the mortgage, should not exceed 50% of your monthly income. For a precise assessment, consult with our mortgage advisors.

Mortgage rates in the UAE vary based on the lender, loan type, and your financial profile. As of 2024, mortgage interest rates in the UAE generally range from 2.5% to 4.5%, depending on the type of mortgage, the borrower’s financial profile, and the lender or bank. The rates can vary significantly between fixed-rate and variable-rate mortgages. Our team can help you find competitive rates suited to your needs.

Yes, non-residents can secure mortgages in the UAE, usually up to 60% of the property's value. Eligibility criteria and terms differ among lenders; our advisors can provide detailed information tailored to your situation.

To apply for a mortgage in Dubai you’ll need a few documents, including a copy of your passport, visa, and Emirates ID, a salary certificate, proof of residence (such as a tenancy contract or DEWA bill), and bank statements for the past six months.

For salaried individuals: identification documents, salary certificate, recent payslips, bank statements, and details of existing liabilities.

For self-employed individuals/businesses: identification documents, company trade license, financial statements, bank statements, and details of existing liabilities.

Our experts can guide you with the exact documentation needed for your particular application.

Pre-approval is an initial agreement from a lender that states the loan amount you may qualify for, based on your financial situation. It helps streamline the process when you find the right property. Documents like wage slips, bank statements, and letters from employers are usually submitted and background checks are undertaken by the bank.

The pre-approval process typically takes between 5 to 7 working days (7 to 10 working days for business owners), depending on the lender and the completeness of your documentation. Contact us to get started with a quick pre-approval assessment.

It's advisable to obtain mortgage pre-approval before property hunting. However, if you've identified a property, contact us immediately. Our team can expedite the mortgage process to align with your purchase timeline.