Mortgage for foreigners in Dubai

Yes, a foreigner can get a mortgage in the UAE. Many banks specifically cater to non-residents. Rates are slightly higher than for residents (typically +0.5–1.5%), but the terms are reasonable.

Terms for non-residents (2026)

• Down payment: 40–50% of the property value (20–25% for residents)
• Deadline: 15–25 years, not exceeding borrower's age of 65
• Rate: 4.5–7% per annum (fixed for 3–5 years + variable thereafter)
• Maximum: up to 75% of the ready property value, 50% for off-plan
• Minimum salary: AED 25,000/month or equivalent

Top banks for non-residents

• Emirates NBD— the most flexible terms, especially for CIS nationals
• HSBC UAE— for international clients with global income
• Mashreq Bank— fast approval, flexible requirements
• Standard Chartered— for high-net-worth
• ADCB— broad program for non-residents
• Dubai Islamic Bank— Sharia-compliant (no interest as such)

Documents

• Passport (valid for 6+ months)
• Bank statements for the last 6–12 months
• Salary certificate or proof of income (for business owners — tax returns, P&L statements)
• Credit report from your home country
• Title deed (after completion) or Reservation Form (off-plan)

Costs

• Bank fee: 0.5–1% of the loan amount
• DLD mortgage registration: AED 4,000 + 0.25% of the loan amount
• Property valuation: AED 2,500-3,500
• Life insurance: mandatory, ~0.3–0.5% per annum
• Property insurance: AED 500–1,500/year

Timelines

• Pre-approval — 3–7 days
• Final approval after valuation — 14–30 days
• Total: 4–6 weeks

Tip

Go for itGet pre-approval BEFORE you start searchingproperty — this gives you negotiating power (sellers know you're financially qualified) and locks in your rate for 60–90 days.