Answers
UAE mortgage questions, answered.
Each one answers in the first sentence and names the article it rests on. Where the regulation says nothing, the answer says that too, which is not what most UAE mortgage sites will tell you.
What you put in, and the cash on top.
Each answer names the article it rests on. Several correct a rule most UAE mortgage sites state as though it were law.
Can I use a personal loan for my mortgage deposit?
Article 2.4
Read the answer →Can I use my end of service gratuity for a mortgage?
Article 3.5
Read the answer →Can I get a 100 percent mortgage in the UAE?
Articles 2.4 and 3.2
Read the answer →How much deposit do I need to buy a home in Dubai?
Article 3.2
Read the answer →Can I get a mortgage on a second property in the UAE?
Article 3.2
Read the answer →Who can borrow, and on what terms.
Can non-residents get a mortgage in the UAE?
Article 3.2
Read the answer →Can self-employed people get a mortgage in the UAE?
Article 3.5
Read the answer →Can foreigners buy property in Dubai?
Dubai Law 7/2006, Article 4
Read the answer →Can I get a Golden Visa with a mortgaged property?
Dubai Land Department service terms
Read the answer →Do the same rules apply to Islamic home finance?
Article 6
Read the answer →Can I get a joint mortgage with my spouse?
Lender practice
Read the answer →How much, and for how long.
What is the maximum mortgage term in the UAE?
Article 3.3
Read the answer →Is there a maximum age for a UAE mortgage?
Article 3.3
Read the answer →How many years of income can I borrow?
Article 3.4
Read the answer →What LTV can I get on an off plan property?
Article 3.2.C
Read the answer →What is the minimum salary for a mortgage in the UAE?
Articles 3.1 and 3.4
Read the answer →How much mortgage can I get on my salary?
Article 3.4
Read the answer →Can I get a mortgage on an off plan property before handover?
Article 3.2.C
Read the answer →Can I get a mortgage to buy land or build a villa?
Article 1
Read the answer →What a bank counts, and what it checks.
At what rate do banks stress test my application?
Article 3.1
Read the answer →What happens if my mortgage runs past retirement?
Article 3.1
Read the answer →Do credit cards affect how much I can borrow?
Article 2.3
Read the answer →Do UAE banks check my credit score for a mortgage?
Consumer Protection Standards, Clause 7.1.4.4
Read the answer →What happens if the valuation is lower than the price?
Article 2.5
Read the answer →Do I need to transfer my salary to get a mortgage?
Lender practice
Read the answer →Can I get a mortgage if I already have a car loan or personal loan?
Regulation 29/2011, Article 7(a)
Read the answer →Do banks count bonus and commission for a mortgage?
Article 2.3
Read the answer →Do banks count rental income for a mortgage?
Article 3.5
Read the answer →Moving, prepaying and rate changes.
Can a bank change my mortgage terms mid term?
Article 4
Read the answer →How much can I be charged to refinance to another bank?
Article 4
Read the answer →What is the early settlement fee on a UAE mortgage?
Regulation 29/2011, Appendix 2
Read the answer →What happens when my fixed rate ends?
Consumer Protection Standards, Clause 2.1.3.21
Read the answer →Can I sell a property that still has a mortgage?
Dubai Law 14/2008, Article 10
Read the answer →Can my bank stop me moving my mortgage to another bank?
Article 4
Read the answer →Can I make a partial prepayment on my mortgage?
Regulation 29/2011, Appendix 2
Read the answer →What happens if I miss a mortgage payment in the UAE?
Consumer Protection Standards, Clause 5.2.5.9
Read the answer →How much notice must a bank give before raising my mortgage rate?
Consumer Protection Standards, Clause 2.1.3.21
Read the answer →What a bank may charge, and your rights.
Is life insurance mandatory for a mortgage in the UAE?
Consumer Protection Standards, Clause 2.1.3.15
Read the answer →How much does it cost to release a mortgage in Dubai?
Dubai Land Department fee schedule
Read the answer →Is there a cooling-off period on a UAE mortgage?
Consumer Protection Standards, Clause 5.1.1.28
Read the answer →Your question is not on this list? Ask it.
Most questions worth asking are about a particular file rather than a general rule.