If you are looking for mortgage loan in Dubai, you generally need to be a UAE resident or national aged between 21-70. Plus, your monthly income should be at least AED 10,000 (or AED 25,000 for self-employed), and provide necessary documents like a passport, visa, and Emirates ID, along with proof of income and residence. The eligibility criteria usually vary as per the lender. Non – Residents can also apply for a mortgage but the eligibility criteria is different, so it is better to consult a mortgage advisor before applying for mortgage.
The documents you need can vary based on your situation, but our experts will explain everything to you. In general, the documents required to secure a mortgage loan in the UAE include,
- Copy of your passport, visa, and Emirates ID
- Salary certificate
- The latest six months’ payslips and bank statements
- Latest credit card statements
- Proof of your current address
