Mortgages in Dubai
Find the best mortgage rates for apartments, villas, and off-plan properties across Dubai's prime communities.
Dubai is the UAE's most active property market, attracting investors and homebuyers from around the world. With freehold ownership zones across the emirate, both UAE nationals and expatriates can purchase property. Mortigo compares rates from 15+ banks to find you the most competitive deal, whether you're buying in Downtown Dubai, Dubai Marina, or emerging communities like Dubai South.
Mortgage Facts for Dubai
| Detail | Information |
|---|---|
| Average Property Price | AED 1.2M – 3.5M |
| Maximum LTV | 80% (UAE nationals) / 75% (expats) |
| Average fixed rate | From 3.49% |
| Average variable rate | From 3.29% (EIBOR + margin) |
| Maximum loan tenure | 25 years |
| Minimum salary (salaried) | AED 15,000/month |
| DLD transfer fee | 4% of property value |
| Mortgage registration fee | 0.25% of loan amount |
Popular Areas in Dubai
- Downtown Dubai
- Dubai Marina
- Palm Jumeirah
- JVC
- Dubai Hills Estate
- Business Bay
- Arabian Ranches
- Dubai South
Buying Tips for Dubai
- Dubai Land Department (DLD) charges a 4% transfer fee on all property transactions — budget for this upfront.
- Off-plan properties may require a higher down payment (20-50%) depending on the developer and construction stage.
- EIBOR-linked variable rates have been competitive recently — ask Mortigo to model both fixed and variable scenarios.
- Properties in established freehold zones like Dubai Marina and Downtown tend to have higher valuations, which can improve your LTV.
- First-time buyers can finance up to 80% for properties under AED 5 million.
Frequently Asked Questions
What is the minimum down payment for a property in Dubai?
For UAE nationals, the minimum is 20% for properties under AED 5M and 30% above. Expats need 25% under AED 5M and 35% above, as per UAE Central Bank regulations.
Can I get a mortgage for an off-plan property in Dubai?
Yes, several banks offer off-plan mortgages once the property reaches a certain construction milestone (typically 50%+). Mortigo can match you with the right lender.
How long does mortgage approval take in Dubai?
With Mortigo's AI-powered process, pre-approval can happen within 24 hours. Full approval typically takes 5-10 business days.
Are there any additional fees when buying property in Dubai?
Yes — expect to pay DLD transfer fee (4%), mortgage registration (0.25% of loan), agency commission (2%), and property valuation fees (AED 2,500-3,500).
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Buying Property in Dubai
Dubai is the UAE's most active property market, attracting investors and homebuyers from around the world. With freehold ownership zones across the emirate, both UAE nationals and expatriates can purchase property. Mortigo compares rates from 15+ banks to find you the most competitive deal, whether you're buying in Downtown Dubai, Dubai Marina, or emerging communities like Dubai South.
Popular Areas in Dubai
Quick Facts
AED 1.2M – 3.5M
80% (UAE nationals) / 75% (expats)
Mortgage Rates & Costs
From 3.49%
From 3.29% (EIBOR + margin)
25 years
AED 15,000/month
4% of property value
0.25% of loan amount
Tips for Buying in Dubai
Dubai Mortgage FAQs
What is the minimum down payment for a property in Dubai?
For UAE nationals, the minimum is 20% for properties under AED 5M and 30% above. Expats need 25% under AED 5M and 35% above, as per UAE Central Bank regulations.
Can I get a mortgage for an off-plan property in Dubai?
Yes, several banks offer off-plan mortgages once the property reaches a certain construction milestone (typically 50%+). Mortigo can match you with the right lender.
How long does mortgage approval take in Dubai?
With Mortigo's AI-powered process, pre-approval can happen within 24 hours. Full approval typically takes 5-10 business days.
Are there any additional fees when buying property in Dubai?
Yes — expect to pay DLD transfer fee (4%), mortgage registration (0.25% of loan), agency commission (2%), and property valuation fees (AED 2,500-3,500).