Property buying & refinancing
Making your property purchase or refinance as simple and stress-free as possible is our goal. Whether you’re a first-time buyer or looking to remortgage, our intuitive mortgage calculator can help.
It’s completely free and lets you quickly estimate your monthly payment. Just input your details, and we’ll take care of the rest.
If you’re ready to take the next step, our expert mortgage team is available to guide you through the process and find you the most competitive rates in the UAE.
FAQs
Banks will consider up to 50% of your monthly income when calculating affordability. From that amount, they subtract any existing credit commitments to determine how much you can afford to borrow.
They’ll also perform a stress test by applying an interest rate between 3.5% and 8%. This ensures you can still afford your mortgage if rates increase to that level.
Current fixed rates can be as low as 3.75%, with variable rates being approximately 4.85%, rising to 8% dependent on the bank.
Current fixed rates can be as low as 3.75%, with variable rates being approximately 4.85%, rising to 8% dependent on the bank.
What is the minimum deposit?
The minimum down payment for a property under AED 5 million is 20% for an expat or 15% for a UAE national. The minimum down payment for a property over AED 5 million is 30% for an expat or 25% for a UAE national.
In the UAE, the maximum mortgage term is 25 years.
In general, you will need the following documents for your mortgage:
A mortgage pre-approval is generally approved within 5 business days and will be valid for 60 days.
One of the main benefits of using a mortgage broker is that they can compare offers from all major providers and may have access to exclusive deals. This can help you secure a mortgage with lower interest rates and fewer fees than if you went directly to your bank.
Mortgage Calculator
Important: This calculator is for illustrative purposes only and should be used as a guide. It does not constitute financial advice. Please consult with a qualified mortgage advisor for accurate calculations based on your individual circumstances.
Our focus is on delivering high-quality mortgage options for homeowners and property investors. We leverage the latest technology while prioritising delivering an exceptional service, ensuring we lead the way in the UAE’s mortgage industry.
