---
title: Do I need to own the property outright to qualify?
description: Yes, to qualify for a Lease Rental Discounting (LRD) loan in the UAE, you generally need to own the property or have clear ownership rights. Most banks require that the property be fully owned by the borrower (freehold), without any…
url: "https://yazodo.com/help/lease-rental-discounting/do-i-need-to-own-the-property-outright-to-qualify/"
updated: "2025-12-06"
category: Lease Rental Discounting
tags:
  - Approved Properties
  - Eligibility
  - LRD
  - LRD Process
---

# Do I need to own the property outright to qualify?

Yes, to qualify for a Lease Rental Discounting (LRD) loan in the UAE, you generally need to own the property or have clear ownership rights. Most banks require that the property be fully owned by the borrower (freehold), without any outstanding mortgages or legal disputes so that in case of default they can take legal action against the borrower.