EXPLANATION

Mortgages in Dubai (UAE)
 

Banks are quite lenient in providing mortgages in The United Arab Emirates.
 

Only a small distinction is made between residents (residents) and non-residents.
 

Banks offering both conventional and HALAL (Takaful) mortgages.

There are 2 options:
1. Basic documentation
- The application goes fast

- Up to 50% funding

 

2. Full documentation
1. This takes a little longer
- Up to 75% funding

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Offplan
- Is financed after 50% is officially completed.
- After that, you can also finance the first 50%.
- Interesting if the developer offers a so-called 'payment plan',.

- Brokerage fees are often 0%.
- The transfer tax 4%. Sometimes these are paid by the developer.

- These can also be co-financed.

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Secondary market
- Can be financed with an own deposit of around 25%.

- Brokerage fees are 2%.
- The transfer tax 4%.

- These can also be co-financed.

 

Furthermore, we distinguish between your situation: 

- Salary based

- Self-employed 

 

Go to the required documents or apply directly