Mortgage Calculator

Quickly estimate your monthly payments, interest, and total loan cost with our easy-to-use mortgage calculator. Plan your budget with confidence before making a move.

Need Help? Read Popular Questions

What is the minimum down payment required for a mortgage in Dubai?

The minimum down payment for a mortgage in Dubai typically ranges from 20% to 25% of the property’s value for expatriates, and 15% for UAE nationals. However, this can vary based on the type of property and the lender’s policies.

Can I apply for a mortgage in Dubai if I am a non-resident?

Yes, non-residents can apply for mortgages in Dubai. However, the down payment requirements might be higher (around 25-30%) compared to residents, and some banks may require proof of income and a good credit score from the applicant’s home country.

What is the maximum loan tenure for a mortgage in Dubai?

The maximum loan tenure for a mortgage in Dubai is typically 25 years. However, the loan period will be subject to the applicant’s age and income, with most banks requiring the borrower to be under 70 years old by the time the mortgage term ends.

What are the types of mortgages available in Dubai?

Common types of mortgages in Dubai include fixed-rate mortgages, variable-rate mortgages, and flexible mortgages. The choice depends on the borrower’s preference for predictable payments or the ability to take advantage of fluctuating interest rates.

Do I need to be employed to qualify for a mortgage in Dubai?

Yes, most lenders in Dubai require borrowers to have a stable income to qualify for a mortgage. This could be through full-time employment, a business, or other steady sources of income. Lenders will typically assess your debt-to-income ratio to determine eligibility.

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Mortgage Calculator