Frequently asked questions

Salaried employees: a minimum monthly income of AED 10,000 is generally required.

Self-employed applicants: a minimum monthly income of AED 25,000 is generally required.

These are typical thresholds — the right lender for you also depends on the property price, your commitments, and your profile, which we assess for free.

For expatriates, banks typically finance up to 80% of the value of a first property priced under AED 5 million — a 20% down payment. Above AED 5 million, financing is usually up to 70% (a 30% down payment). UAE nationals can often access slightly higher financing.

Second and subsequent properties, and off-plan purchases, require a larger down payment. On top of the deposit, you should budget for transaction costs (see the fees question below).

There are no hidden fees — but there are standard costs to plan for beyond your down payment: Dubai Land Department registration (4% of the price plus admin), agency commission (around 2%), mortgage registration (0.25% of the loan plus admin), the bank's processing/arrangement fee (around 1% of the loan, often negotiable), property valuation (roughly AED 2,500–3,500), and life and property insurance.

We give you a full, itemised cost breakdown up front so there are no surprises.

Mortgage terms typically run up to 25 years, subject to your age at maturity — usually up to 65 for salaried applicants and up to 70 for the self-employed. A longer term lowers your monthly payment but increases the total interest paid over the life of the loan.

You can choose to do so by paying the balance loan amount, exclusive of future interest, in addition to a minimal early-settlement fee as mentioned in the final offer letter from the bank.

Most banks also allow early settlement of a percentage of the balance loan amount every year without additional charges. These percentages may differ from bank to bank.

Not always. Some banks offer better rates if you transfer your salary to them, while others don't require it at all. We match you to a lender whose salary-transfer terms suit your situation.

It helps — many banks maintain a list of approved employers — but it isn't always essential. If your employer isn't listed, we work with lenders who can still consider your application based on your overall profile.

No — losing your job or relocating does not automatically make the full balance due. You should, however, inform the bank and keep your repayments up to date. There are usually options such as restructuring, a temporary payment plan, or in some cases selling the property, and we can help you navigate them.

Yes, you can — and we can help you with it. We'll compare whether switching genuinely saves you money once any fees are taken into account.

Your existing mortgage continues as normal. It's good practice to notify your bank of a change in employment. If you're applying for a new mortgage, note that some banks prefer you to have completed any probation period with your new employer first.