How to Get a Mortgage for Non-Residents in Dubai: Step-by-Step 2025 Guide

Securing Mortgage for Non Residents in Dubai can be painful if you are not guided right. Dubai’s real estate market is a global hotspot, attracting investors from around the world due to its tax-free income, high return on investment (ROI), and streamlined mortgage processes. In 2024, over 59% of property buyers were non-residents, many of whom secured mortgages despite not holding UAE residency.

Eligibility Criteria for Non-Resident Mortgages in Dubai

Minimum Income Requirements

• Salaried Individuals: AED 15,000–25,000 monthly income.
• Self-Employed: AED 500,000+ annual income (varies by lender).

Loan-to-Value (LTV) Ratios

• Off-Plan Properties: Up to 50% LTV.
• Ready Properties: 50–75% LTV.

Step-by-Step Mortgage Process for Non-Residents

1. Pre-Approval: Submit income proof, passport, and bank statements.
2. Property Valuation: Banks assess the property’s market value.
3. Final Approval: Sign mortgage offer and pay fees (4–7% of loan amount).
4. Registration: The Dubai Land Department (DLD) registers the mortgage.

What we provide? At Al Ahdaf, We help you get the Mortgage at the best available rates. Contact Us for a Free Consultation

Top Banks Offering Mortgages to Non-Residents

• Emirates NBD: Up to 75% LTV for ready properties.
• HSBC UAE: Fixed rates starting at 4.5%.
• Mashreq Bank: Flexible terms for high-net-worth investors.

Key Challenges & Solutions

Challenge 1: Limited LTV Ratios

Solution: Partner with a mortgage broker like Al Ahdaf to negotiate higher LTVs with private banks.

Challenge 2: High Processing Fees

Solution: Compare lenders—some banks waive fees for loans over AED 2 million.

FAQs: Mortgages for Non-Residents in Dubai

Can I get a mortgage in Dubai without residency?

Yes, non-residents can apply with a valid passport, proof of income, and a UAE bank account.

How long does approval take?

Pre-approval takes 2–5 days; final approval requires 2–4 weeks.

Is life insurance mandatory?

Most banks require life insurance covering the loan amount.

Why Choose Al Ahdaf for Your Non-Resident Mortgage?

Al Ahdaf Banking & Mortgage Consultants specialize in securing approvals for non-residents, offering:

• Access to 25+ UAE banks and lenders.
• Negotiated interest rates and waived fees.
• End-to-end support, from documentation to DLD registration.

Call to Action: Book a Free Consultation today to compare mortgage offers tailored to your needs!