Secure Your Dream Home

In Dubai, your borrowing limit is generally determined by your annual income and your total liabilities. Lenders typically offer up to seven times your annual income. Your total monthly debt repayments, including the new mortgage, should not exceed 50% of your monthly income per UAE Central Bank guidelines.

As of current market conditions, mortgage interest rates in the UAE generally range from 2.5% to 4.9%. This depends on whether you choose a fixed-rate or variable-rate mortgage, your financial profile as a resident or non-resident, and the specific lender.

Standard documents include: Passport copy, Visa page, Emirates ID (for residents), Salary Certificate or Trade License (for business owners), 6 months of personal or company bank statements, and relevant liabilities/credit card statements. We guide you through the exact checklist during our consultation.

Pre-approval is an official commitment from a bank stating how much they are willing to lend you based on their assessment of your finances. It typically takes 3 to 5 working days for salaried individuals and 7 to 10 working days for business owners or non-residents.

Yes. While having a pre-approval puts you in a stronger negotiating position, finding your ideal property first is common. Buyers can agree to terms 'subject to financing,' allowing time for the formal mortgage approval process to complete.