The United Arab Emirates (UAE) has emerged as one of the most attractive destinations for real estate investment. With a stable economy, world-class infrastructure, and a tax-free environment, buying property in the UAE is a dream for many. Whether you're a UAE national or an expatriate, home loans (also known as mortgages) make it easier to turn that dream into reality.
In this complete guide, we’ll walk you through everything you need to know about getting a home loan in the UAE — from eligibility and documents to types of mortgages and the best banks to consider.
???? Why Consider a Home Loan in the UAE?
Real estate prices in Dubai, Abu Dhabi, and other emirates have become more affordable in recent years. Coupled with attractive home loan interest rates and flexible repayment terms, financing a property through a mortgage is a smart decision for both residents and investors.
???? Who Can Apply? – Eligibility Criteria
Both UAE nationals and expatriates can apply for a home loan, but the eligibility criteria may differ slightly:
For UAE Nationals:
Age: 21 – 70 years
Minimum monthly income: AED 10,000+
Employment: Government or private sector
For Expats:
Age: 21 – 65 years
Minimum monthly income: AED 15,000+
Valid residency visa
Minimum of 6 months to 1 year of employment in the UAE
???? Documents Required
When applying for a mortgage in the UAE, you’ll typically need:
Valid copyright & residency visa
Emirates ID
Salary certificate or proof of income
Bank statements (last 6 months)
Credit report (Al Etihad Credit Bureau)
Proof of down payment
Property documents (sale agreement, title deed)
Note: Additional documents may be required depending on the bank and type of property.
???? How Much Can You Borrow?
The loan-to-value (LTV) ratio determines how much of the property’s value you can borrow:
First property purchase:
UAE Nationals: Up to 80%
Expats: Up to 75%
Second property or investment:
UAE Nationals: Up to 65%
Expats: Up to 60%
The rest must be paid as a down payment from your own funds.
???? Types of Home Loans in UAE
There are several types of mortgages available, including:
1. Fixed-Rate Mortgage
Interest rate remains constant for a fixed period (usually 1-5 years)
Good for budgeting and stable payments
2. Variable/Reducing Rate Mortgage
Interest rate may vary based on EIBOR (Emirates Interbank Offered Rate)
Monthly payments may increase or decrease
3. Offset Mortgage
Links your savings account with your loan
The interest is calculated on the balance minus your savings
???? Top Banks Offering Home Loans in UAE (2025)
Here are some of the most trusted banks providing mortgages:
Emirates NBD
Abu Dhabi Islamic Bank (ADIB)
Mashreq Bank
First Abu Dhabi Bank (FAB)
HSBC UAE
RAKBANK
Standard Chartered
Each bank offers different interest rates, processing fees, and tenure options. Always compare and negotiate.
???? Interest Rates and Fees
As of 2025, home loan interest rates in the UAE range between 3.25% to 5.5% per annum. Some banks offer promotional fixed-rate periods for the first 1-3 years.
Common fees to expect:
Processing fee: 0.5% – 1% of loan amount
Property valuation fee: AED 2,500 – AED 3,500
Early settlement fee: Up to 1%
????️ Tips for Getting Approved
Maintain a good credit score (700+ is ideal)
Avoid multiple loan applications at once
Keep your debt burden ratio below 50%
Show a consistent employment history
✅ Benefits of Home Loans in UAE
Own a property without full upfront payment
Enjoy long tenure (up to 25 years)
Attractive interest rates
Tax-free capital gains and rental income
???? Conclusion
Getting a home loan in the UAE is more accessible than ever. Whether you're a resident planning to settle or an expat looking to invest, understanding the mortgage process helps you make informed decisions. With the right planning and the right lender, owning your dream home in the UAE is just a few steps away.
Need help with your mortgage application? Consult with a professional home loan advisor or visit your preferred bank to get started.