Dubai’s property market continues to attract international investors, and the good news is—you don’t have to be a UAE resident to get a mortgage. Non-resident mortgages in Dubai are available through several UAE banks, offering the opportunity to own property in one of the world’s fastest-growing real estate hubs. However, there are specific criteria, rates, and requirements you should know before applying.
What Is a Non-Resident Mortgage?
A non-resident mortgage is a loan granted to individuals who live and earn outside the UAE but wish to buy property in the country. These mortgages are available for both ready and select off-plan properties, but they typically come with stricter eligibility criteria and lower loan-to-value (LTV) ratios compared to resident mortgages. Most UAE banks allow non-residents to borrow up to 65% of the property value, depending on the property type and the borrower’s nationality and income level. A minimum down payment of 35% is usually required, and this cannot include registration fees or agent commissions, which must be paid separately in cash.
Top UAE Banks Offering Non-Resident Mortgages
Several leading banks in the UAE offer non-resident mortgage solutions. Here are a few options:
- Emirates NBD: Offers financing to non-residents with fixed-rate options starting around 4.99%
- Emirates Islamic Bank (EIB): Rates starting from 4.19%
- Commercial Bank of Dubai (CBD): Starting at 5.49% for1/3/5 yrs
- Mashreq Bank: Fixed rated starting at 5.99% for 3 years
- Dubai Islamic Bank(DIB) and ADCB: Also provide non-resident financing, though typically with lower LTV ratios (around 65%) and more conservative lending terms.
Current Mortgage Rates for Non-Residents
Interest rates for non-resident mortgages vary based on fixed or variable terms, loan amount, and borrower profile. While fixed rates are more common for non-residents, variable rate options are available through certain lenders and may offer savings over the long term.
In 2025, non-resident mortgage rates typically range between 4.19% and 6%, depending on the bank, loan terms, and applicant background. Fixed-rate deals offer predictability and are popular among overseas investors.
Eligibility Criteria
To qualify for a non-resident mortgage in Dubai, applicants must meet several key requirements:
- Minimum income: Generally starting from AED 25,000.
- Age limit: Most banks require borrowers to be under 65 years at loan maturity
- Creditworthiness: A clean credit report from the applicant’s home country is essential.
- Down payment: Typically 35% of the property value.
- Nationality: Must be from a country approved by the bank’s policy.
Required Documents
The documentation process is relatively thorough and includes:
- Passport copy (with valid visa if applicable)
- Salary certificate or proof of income
- 3 to 6 months of personal bank statements
- Credit report from your home country
- Proof of residence (utility bill or rental agreement)
- For self-employed: audited financials and trade license (if applicable)
Mortgage Application Process
The process to secure a non-resident mortgage in Dubai typically follows these steps:
- Pre-approval: Takes 5–15 business days once documents are submitted.
- Property valuation: Conducted by a third party appointed by the bank, fees range between AED 2,500 to AED 5,000.
- Final approval: Upon successful valuation and internal checks.
- Disbursement: Funds are transferred after final agreements are signed and property registration is completed.
Associated Costs and Fees
Aside from the down payment, there are additional expenses to consider:
- Dubai Land Department fee: 4% of the property value.
- Real estate agent commission: Around 2% + VAT.
- Mortgage registration fee: Approx. 0.25% of the loan amount.
- Valuation fee: AED 2,500 to AED 5,000 depending on property type.
- Life and property insurance: Often required by the bank.
These fees must be paid upfront and are not included in the mortgage.
How Capital Zone Can Help
Navigating the non-resident mortgage landscape in Dubai can be complex—but that’s where Capital Zone Mortgage Broker steps in to make the process seamless. As one of the UAE’s trusted mortgage advisory firms, Capital Zone specializes in helping non-resident clients secure competitive mortgage deals across top banks in the UAE. Their expert consultants work closely with clients to:
- Identify the most suitable banks and loan structures based on your profile
- Simplify documentation requirements and communicate with banks on your behalf
- Negotiate better interest rates and more favorable LTV ratios
- Provide pre-approval assistance to boost your property search
- Ensure full compliance with UAE banking and regulatory standards
With strong partnerships across both conventional and Islamic banks, Capital Zone can secure fixed-rate and flexible-term mortgage options even for complex non-resident cases. Whether you’re an investor, business owner, or expatriate living abroad, they’ll guide you through every step—from consultation to final disbursement—saving you time, money, and stress.
Disclaimer: Mortgage rates and terms are subject to change based on lender policies and market conditions. Always consult a financial advisor for personalized advice.
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