Mortgage Brokers in UAE
Helping you find the right mortgage
Make your home purchase simple and stress-free. Talk to our in-house mortgage team today—we’ll handle pre-approval, compare lenders, and secure competitive UAE mortgage rates tailored to your budget and timeline.
Frequently asked questions
How much can I borrow in the UAE?
Lenders in the UAE typically size mortgages at about up to 7× your annual income, but your exact limit depends on your debt-to-income (usually capped around 50%), loan-to-value rules (e.g., ~80% for expats on a first home), credit profile, loan term, and age. Existing loans and credit cards directly reduce capacity. For a precise figure, we can run a quick pre-assessment based on your income, liabilities, and target property.
What mortgage rates should I expect in the UAE?
UAE mortgage rates vary by bank and borrower profile. Expect an initial fixed rate (1–3 years), then a variable rate tied to EIBOR + margin; salaried borrowers with strong credit typically get lower rates than self-employed or non-residents.
Are UAE mortgages available to non-residents?
Yes—subject to full profile assessment. For non-residents, banks typically cap loan-to-value around 60% (≈40% cash down). Three-year fixed rates can start from ~3.89%, with actual pricing set by income strength, credit/history, country of residence, property type, and documentation. Fees and conditions vary by lender.
What’s the minimum down payment in the UAE?
What’s the minimum down payment in the UAE?
Expat residents — first home: 20% deposit (max 80% LTV).
UAE nationals — first home: 15% deposit (max 85% LTV).
Expat residents — second home/investment: 40% deposit (max 60% LTV).
UAE nationals — second home/investment: 35% deposit (max 65% LTV).
Exception (selected banks): If your existing mortgage ≤60% LTV, second purchases may qualify at first-home levels (20% expats / 15% nationals).
Note: Transfer, valuation, and bank fees are in addition to the deposit.
What documents do I need for a UAE mortgage?
Salaried
Passport, visa, Emirates ID (or passport + entry stamp for non-residents)
Salary certificate, last 6 months payslips
6 months personal bank statements
Details of existing loans/credit cards + address proof (Ejari/utility)
AECB credit consent
Self-employed
Passport, visa, Emirates ID
Trade licence, MOA/AOA, shareholder cert/company profile
Audited accounts and/or 12 months business bank statements
6–12 months personal bank statements
Liabilities list (+ VAT returns/contracts if requested)
Property/Deal (both)
SPA/reservation, title deed or Oqood (off-plan)
Valuation/NOC (if required), proof of down payment/source of funds
Exact checklists vary by bank and residency status; we’ll confirm and compile for you.
How long does UAE mortgage pre-approval take?
Most banks give initial feedback within 1–2 business days. Once your documents are complete and queries answered, formal pre-approval typically arrives in 5–7 working days. Complex cases (self-employed, non-resident, missing paperwork) can take longer. Fastest results come with a full document pack and AECB consent submitted upfront.
Frequently asked questions
How much is my borrowing limit?
As a general rule of thumb, the limit is calculated at 7x the annual salary of the applicant but it also depends on the bank. If the customer already has loans, credit cards and existing liabilities, then this ultimately affects the maximum amount they can borrow.
What are the rates I should expect in the UAE?
Rates differ greatly between bank to bank and will all depend on the customer’s individual profiling and whether they’re salaried or self-employed.
Can non-residents avail financing in the UAE?
Yes subject to individual client profiling as always. Maximum loan-to-value available for non-residents would be 60% funding with rates at this level starting from 3.89% for a 3-year fixed rate.
What is the minimum deposit?
- For expat residents (first-time buyer): 20%
- For UAE nationals (first-time buyer): 15%
- For expat residents (second-time buyer): 40%
- For UAE nationals (second-time buyer): 35%
- There are exceptions to the rules though, some of the banks allow 2nd-time buyers, 20% and 15% deposits for expats and locals, respectively, if their existing mortgage is under 60% LTV.
What kind of documentation is required?
For salaried applicants: ID documents, salary certificate, 6 months’ payslips, 6 months’ bank statements and details of existing liabilities.
For self-employed: 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 and details of existing liabilities.
How long will it take to get a pre-approval?
This varies from bank to bank but normally banks will reply with initial observations and requests within 2 working days. Once additional documents have been provided, or additional questions have been addressed, the turnaround time to receive a pre-approval is usually between 5-7 working days.