Deal Management Panel

Property Details

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Frequently Asked Questions

Do you provide Mortgage Assistance ? 

Yes , as property consultants , we will provide a 360 degree financing consultation to buy your property and we have a range of financial proposals to select from. We will also help you in: 


  • Fastest Approvals
  • Exclusive Rates and Terms
  • Lowest Paperwork
  • No Hidden Charges or Extra Payments
  • Flexible & Convenient Payment Plans

What Mortgage Type available for me ? 

Mortgage loans have various types, mainly differing on interest rates and their calculations. 
  • Fixed Rate Mortgages
A fixed interest rate from the beginning to the end of the loan term. This solution is easier for you to plan and make your payments.

  • Variable Rate Mortgage
a Variable interest rate and is always changing. It follows the interest rate as regulated by Emirates Interbank Offered Rate (EIBOR). Here, you don’t know how much interest you will have to pay in your next Equated Monthly Installment (EMI), But it can be useful also as sometimes rates can become very low from time to time.

  • Discounted Rate Mortgage
This provide you with highly attractive mortgage rates, but they are offered on limited time. After that period, a higher interest rate is applicable to the principal amount. If you choose to pay off the loan within the discounted period, you will save a lot of money in terms of total interest to be paid.

  • Capped Mortgage 
An adjustable-rate mortgage. This follows the Emirates Interbank Offered Rate (EIBOR) rate as the basis for interest calculations, but there is an upper limit set for the interest rate. As a benefit, You can always be aware of the maximum Equated Monthly Installment (EMI) you will pay and manage accordingly.

  • Offset Mortgage 
You can benefit of changing the principal amounts, which impacts the interest rates and Equated Monthly Installment (EMI), if you deposit a certain amount of money to the lender bank, the outstanding principal amount will reduce accordingly. There are also no barriers to draw that amount, allowing a lot of freedom and control.

What are the requirements to issue a Mortgage ? 

Within the UAE, financial institutions adhere to a specific criterion which are:

    Credit history

    Length of employment in UAE

    Time spent within the UAE (Usually from 6 to 12 months)

    Total business period in UAE (Usually 3 years)

What are the Fees during my property purchase? 

  • Land Department Fees = 4% Property Value + 580 AED
  • Property Registration Fees = 4000 AED for over than 500,000 AED + 5% VAT
  • Mortgage registration fee = 0.25% of the mortgage loan 
  • Evaluation Fees = (2500-3500) + 5% VAT
  • Commission for real estate.

    • What is the maximum Mortgage period in UAE ? 

    25 Years for nationals and residents and 15 years for non residents.

    What is the Mortgage Financial Cap ? 

    Up to 85% of the property value for UAE nationals and 80% for the expats.

    What is the salary terms to issue a Mortgage ?

    The minimum salary from 10,000 AED for UAE nationals and 15,000 AED for expats. 

    How much Mortgage amount eligibility ? 

     Not more than 25% or 28% of the income is required to pay the Equated Monthly Installment (EMI). 

    Do the Mortgage include utilities payments  ? 

    No

      Is there an option to rent to own ? 

      Yes, but limited. 

      What are the T & C for Mortgage Loan

      The mortgage agreements and processes are monitored by the Government and must comply with the laws. The Real Estate Regulatory Agency (RERA) requires a set of documents and other particular for registration of the mortgage agreement. You can check the procedure and requirements for RERA Registration Unregistered contracts will be considered null and void. The applicant must fulfil all the conditions for eligibility set by the government of UAE. RERA registrations require a non-refundable fee of AED 1000.


      Can you provide Mortgage Preapproval ? 

      For individuals who are looking to purchase a home within the UAE, it is essential to get prior mortgage approval. We can help you to find out. 

      Does property value affects the down payments?

      If a person buys their first property which is under AED 5 million, the minimum down payment they will need to pay is 20%. If a non-national buys a property over AED 5 million, the minimum down payment is 30%.     For a second, third and any more properties of any price, the down payment is at least 40%. If the property is off-plan or under construction, the down payment will be 50% of the purchase price of the property.

      If you want a zero down payment home loan in Dubai, then rent to own property may be a good fit for you.

      What is the Mortgage loan maximum I can get ? 

      Typically, though, for a property purchase price under AED 5 million, the maximum loan-to-value ratio for foreign nationals is 80% and for UAE nationals is 85%. For properties valued at over AED 5 million, the loan to value ratio decreases to a maximum of 70% for expats and 75% for nationals.

      What are the documents to have Mortgage loan ?

      • Identification documents (passport) 
      • Proof of your individual/legal residence in Dubai.
      • Evidence of your individual residential address.
      • Documents required for proving that you have a good credit history (bank statements, proof of income, tax returns and employment letter) 
      •  Documents required for proving mortgage affordability.

      How much Mortgage loan cost fees ? 

       Bank fees including the property valuation fees, processing fees, and insurance registration fees. The mortgage registration fee which is 0.25% of the total value of your approved mortgage. Mortgage life insurance, which will have a varying costs depending on the type of property and mortgage.

      CONTACT US
      Why Choosing Us?
      We are here to help you to put the right decision to purchase your dream property. Let's communicate and feel free to reach us.

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      • Address
        Office 202, Building C, Al Saaha Offices Souk Al Bahar Old Town Island، Burj Khalifa District - Dubai
      • Contact Details
        +97147701845