Dubai Homes Global
Expert mortgage guidance for buyers
From pre-approval to handover, our team helps you compare options and secure a rate that works for your budget and timeline.
Frequently Asked Questions
How much can I borrow?
As a quick rule of thumb, many banks lend up to roughly 7× your annual salary. Your actual limit depends on the lender’s policy and your existing commitments (loans, credit cards, and other liabilities), which can reduce the maximum.
What interest rates should I expect?
Rates vary significantly from bank to bank and are based on your personal profile—such as whether you’re salaried or self-employed—and the product you choose.
Can non-residents get financing in the UAE?
Yes—subject to individual assessment. For non-residents, the maximum loan-to-value is typically 60%, with 3-year fixed rates from about 3.89% at that LTV tier.
What’s the minimum deposit?
- Expat residents (first-time buyer): 20%
- UAE nationals (first-time buyer): 15%
- Expat residents (second-time buyer): 40%
- UAE nationals (second-time buyer): 35%
Exception: Some banks may accept 20% (expats) or 15% (nationals) for second-time buyers if the existing mortgage is below 60% LTV.
What documents will I need?
Salaried applicants:
- Valid ID documents
- Salary certificate
- Last 6 months’ payslips
- Last 6 months’ bank statements
- Details of existing liabilities
Self-employed applicants:
- Valid ID documents
- Company documents (trade licence, incorporation documents, memorandum of association, shareholders certificate, company profile, etc.)
- Audited accounts and/or 12 months’ business bank statements
- 6 months’ personal bank statements
- Details of existing liabilities
How long does pre-approval take?
Timelines differ by bank. You’ll usually receive initial observations/requests within ~2 working days. After you submit any additional documents or answer follow-up questions, pre-approval typically takes 5–7 working days.