Non-Resident Mortgages in the UAE
for Overseas Buyers

Most of the process can be done remotely, including the eligibility check, pre-approval and document submission. You will usually need to sign the final mortgage documents in person or appoint someone under a power of attorney to complete the transfer for you.

Yes. Most banks require non-resident borrowers to open an account with them so monthly repayments can be collected in dirhams.

Most UAE banks ask for a monthly income of around AED 25,000 or the equivalent in your home currency. Some lenders accept less, but usually at a higher interest rate.

Yes, but only a few banks offer it. Off-plan financing is capped at 50% of the property value, and many banks lend only once the project is close to completion.

Yes. Each bank keeps its own list of countries it accepts applicants from, and the list can change. We check which lenders accept your country of residence before you apply.

Usually, yes. Non-resident rates tend to be around 0.5% to 1% higher than resident rates because banks see overseas income as a higher risk.

Yes. Most banks accept joint applications with a spouse or family member, which lets them combine your incomes. All applicants must be named on the property title.

Your loan and repayments are in UAE dirhams. If you earn in another currency, your repayment amount can change as exchange rates move. The dirham is pegged to the US dollar, so earners in dollars face the least movement.

The main costs are the Dubai Land Department transfer fee of 4% of the property price, the mortgage registration fee of 0.25% of the loan plus AED 290, the bank’s processing fee of up to 1% of the loan and a valuation fee.

Yes. Many non-resident owners rent out their property and use the rental income to cover repayments. The tenancy contract must be registered with Ejari.