APPLY WITH UAE MORTGAGE FINDER TO FIND THE BEST MORTGAGE & HOME LOANS IN DUBAI, UAE

UAE Mortgage Finder helps Compare Home Loan Rates with top banks in UAE and get matched to the best ones.

★ ★ ★ ★ ★ Average Rating  4.8  / 5 

APPLY WITH UAE MORTGAGE FINDER TO FIND THE BEST MORTGAGE LOANS IN DUBAI, UAE

UAE Mortgage Finder helps Compare Home Loan Rates with top banks in UAE and get matched to the best ones.

★ ★ ★ ★ ★ Average Rating  4.8  / 5 

What is a Mortgage Loan?

A mortgage loan is secured against a residential property granted for the purpose of building, purchasing, or renovating a home for the resident owner or for investment purposes. It also includes loans granted to purchase or develop lands for these purposes.

The mortgage is legally binding and a warrant is guaranteed in giving the lender the right to file a legal case against the borrower’s home if the borrower defaults on payment as per the terms of the bond. Basically, the borrower owns the property or home, but the lender owns it until it is paid in full.

Mortgage payments are usually made in the form of monthly payments consisting of interest and principal. The principal is to pay off the principal amount borrowed, which reduces the balance. Interest, on the other hand, is the cost of borrowing the principal amount for the last month.

Mortgage Loan in UAE

While applying for a Mortgage Loan in UAE, the most important factors is to look out for are the initial price, follow-up rate, initial costs, and any prepayment partial settlement terms. Different types of mortgage loan facilities are available for UAE residents such as for new property purchase, equity release, buyout, and commercial finance. A UAE national can obtain a mortgage loan up to 80% of the value of the property whereas an Expat can obtain up to 75% of the value of the property. The minimum downpayment for a UAE National is 20% of LTV plus additional purchase cost and for Expat it is 25% of LTV plus additional purchase cost.

Documents Required for Mortgage Loan in UAE

For Salaried Applicants

  • Passport and Visa Copy
  • Khulasat Al Qaid (UAE Nationals)
  • Emirates ID
  • Salary Certificate
  • Six Month Salary Bank Statement
  • Latest Credit Card Statements
  • Proof of your current address – a copy of DEWA bill or tenancy contract

For Self Employed Applicants

  • Passport and Visa Copy
  • Khulasat Al Qaid (UAE Nationals)
  • Emirates ID
  • Salary Certificate
  • Six Month Salary Bank Statement
  • Latest Credit Card Statements
  • Proof of your current address – a copy of DEWA bill or tenancy contract
  • Company profile
  • Copies of the original 2 years audited financial accounts
  • 2 years most recent tax assessments if not audited
  • Copy of Trade License, MOA & Article of Association

Top Mortgage Loan Provider in UAE

Apply with us and connect to a Mortgage Officer instantly

We make it easy for Buying or refinancing a property in Dubai and the UAE.

We are focused on customer satisfaction, convenience, and transparency.

Mortgages for UAE Nationals

All UAE Nationals earning a sufficient income from either a salary or from running a company (self-employed), are eligible to apply for a Mortgage Loan or Home Loan in UAE. Top Banks are offering the most innovative home financing solutions for UAE Nationals at competitive rates and long repayment tenure.

Mortgages for UAE Residents (UAE Expats)

Expats living in UAE and willing to purchase their dream home or to invest in a property can avail mortgage loans or home loans up to 80% loan to value at the most competitive interest rates. Refinance of existing loan and Cash against property options are also available for UAE Expatriates.

Mortgages for UAE Non-Residents

Mortgage Loan is also available to non-residents of the United Arab Emirates. Many banks offer mortgage loans to non-residents of the UAE as long as they reside in the bank’s approved list of countries. It is possible now for a Non-Resident to buy their dream holiday home in Dubai or overseas investment.

SUBSCRIBE TO OUR NEWSLETTER

Sign up with your email to get updates about new resources releases and special offers