Al Zad Real Estate

home loan


If you match the requirements, you may simply get a home loan for it, regardless of whether you want to purchase a townhouse or an apartment in Dubai. In Dubai, mortgage applications may be made by those who are:

  • A citizen or inhabitant of the UAE

  • Between the ages of 21 and 65

  • Earn AED 25k (self-employed) and AED 15K (salaried) each month.



Be aware that depending on the bank, the minimum wage required for a house loan in Dubai may change. Home loans in Dubai can be obtained by UAE residents with a minimum monthly income of AED 8,000 from some banks, albeit eligibility is mostly determined by bank policy.

In Dubai, non-residents can also look into mortgage possibilities. But because there aren’t many banks that offer house loans to non-resident property purchasers, their options are very restricted.

Please be aware that banks may have additional conditions, such as a minimum length of service at the present position or employment with a certain group of companies, before granting a mortgage.

There are two ways to buy real estate in Dubai: with cash or with a mortgage. Even though a cash investment could be more economical overall, having a mortgage gives you more financial flexibility. If you intend to use a mortgage to purchase a home in Dubai, you need be aware of how home loans operate there and the requirements for applying. We have also recently launched an online initiative to get a home loan preapproval in partnership with ADCB, to make the process even more streamlined for prospective homeowners. If you have been searching for information on ‘mortgage Dubai’, ‘mortgage rates Dubai’, and other similar topics, learn more about the ADCB Dream Home initiative and how you can get a home loan with our detailed post!

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To purchase real estate with a mortgage, one must first apply for one. Of course, processing a mortgage application in Dubai involves documentation. To apply for a mortgage in Dubai, you will typically need the following documents, however the specifics may differ significantly between banks: 

  • A copy of your visa and passport
  • A copy of your Emirates ID
  • A salary certificate for proof of employment
  • Evidence of residency (a copy of the DEWA bill or the rental agreement)
  • Bank statements and pay stubs from the previous six months
  • The latest statements of your credit cards

If you’re a non-resident applying for a home loan in Dubai, you only need the following paperwork:

  • A copy of your passport
  • Your bank statements for the past three months
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