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UAE Mortgage Guide
A practical overview of eligibility, borrowing limits, approval steps, and common terms for UAE property buyers.
Eligibility
| Applicant | Typical Requirements |
|---|---|
| UAE nationals | Stable income, bank statements, credit review, and acceptable debt burden ratio. |
| Residents and expats | Valid residency, salary or business income proof, minimum income thresholds, and credit history. |
| Self-employed buyers | Trade license, audited financials or bank statements, and longer income review. |
How much can you borrow?
Loan-to-value ratios vary by residency, property use, and whether it is a first home. A common planning baseline is up to 80% for first-home resident buyers, around 65% for many expat scenarios, and lower ratios for second homes or investment purchases.
Step-by-step process
- 1Review your budget and monthly payment comfort.
- 2Secure mortgage pre-approval from a bank or broker.
- 3Shortlist homes that match lender criteria and your deposit.
- 4Sign the memorandum of understanding and pay the deposit.
- 5Complete valuation, final bank offer, and transfer paperwork.
- 6Register the mortgage, transfer title, and collect the keys.
Glossary
- LTV
- Loan-to-value ratio, or the share of the property price funded by the bank.
- DLD Fee
- Dubai Land Department transfer fee paid during property registration.
- NOC
- No Objection Certificate from the developer before transfer.
- Service Charge
- Community or building maintenance charge paid by owners.
- Escrow
- Protected account used for regulated off-plan project payments.
- Oqood
- Initial registration for off-plan property purchases in Dubai.
- Title Deed
- Official ownership document after transfer registration.
- Mortgage Registration Fee
- Fee paid to register the mortgage against the property.
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