Home Loans

Expert Insights

Thinking of remortgaging your house?

It is rare these days that anyone stays with the same lender for the... Read More
Rules & regulations
  • Expat buyers can borrow up to 75 percent of a property’s value for a first investment of under AED 5m and UAE nationals can borrow up to 80 percent for homes worth under AED 5m.
  • For homes worth over AED 5m, there is an even more significant change; expats will only be able to borrow 60 percent of the property’s value and Emiratis 65 percent.
  • For second and subsequent home purchases, expats can borrow up to 60 percent and UAE nationals can borrow up to 65 percent.
  • For all off plan properties, all buyers irrespective of nationality ­can borrow up to 50 percent of a property’s value.
  • The repayment tenure of the loan is up to 25 years. Expat borrowers must be no older than 65 at the time of the last repayment and UAE nationals 70.
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