{"id":65953,"date":"2024-06-27T10:09:42","date_gmt":"2024-06-27T10:09:42","guid":{"rendered":"https:\/\/www.squareyards.ae\/blog\/?p=65953"},"modified":"2024-07-02T11:05:29","modified_gmt":"2024-07-02T11:05:29","slug":"mortgages-loan-from-uae-bank-accart","status":"publish","type":"post","link":"https:\/\/www.squareyards.ae\/blog\/mortgages-loan-from-uae-bank-accart","title":{"rendered":"You Need to Know About Mortgages Loan From UAE Bank"},"content":{"rendered":"<p style=\"text-align: justify;\"><i><span style=\"font-weight: 400;\">Dreaming of owning a home in the UAE? <\/span><\/i><span style=\"font-weight: 400;\">With world-class amenities, excellent education, and a vibrant lifestyle, it&#8217;s no wonder many choose to settle here. However, navigating mortgage loans from UAE banks can be tricky. A mortgage is a loan specifically for purchasing property, and it&#8217;s crucial to making homeownership possible for many. Understanding how the <a href=\"https:\/\/www.squareyards.ae\/mortgage-calculator\">Dubai mortgage calculator<\/a> works and what different banks offer is essential for making smart financial decisions.<\/span><\/p>\n<p style=\"text-align: justify;\"><span style=\"font-weight: 400;\">This blog is your guide to understanding mortgage loans from UAE banks. We\u2019ll break down the best banks offering these loans, the types of mortgages available, and what you need to qualify for. From interest rates to repayment plans, we\u2019ll simplify the details to help you make an informed choice.<\/span><\/p>\n<p style=\"text-align: justify;\"><i><span style=\"font-weight: 400;\">Make your dream of owning the perfect home a reality! Find out more about mortgage loans from UAE banks.\u00a0<\/span><\/i><\/p>\n<div id=\"ez-toc-container\" class=\"ez-toc-v2_0_40 counter-hierarchy ez-toc-counter ez-toc-grey ez-toc-container-direction\">\n<div class=\"ez-toc-title-container\">\n<p class=\"ez-toc-title\">Table of Contents<\/p>\n<span class=\"ez-toc-title-toggle\"><a href=\"#\" class=\"ez-toc-pull-right ez-toc-btn ez-toc-btn-xs ez-toc-btn-default ez-toc-toggle\" area-label=\"ez-toc-toggle-icon-1\"><label for=\"item-6a0e588965897\" aria-label=\"Table of Content\"><span style=\"display: flex;align-items: center;width: 35px;height: 30px;justify-content: center;direction:ltr;\"><svg style=\"fill: #999;color:#999\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" class=\"list-377408\" width=\"20px\" height=\"20px\" viewBox=\"0 0 24 24\" fill=\"none\"><path d=\"M6 6H4v2h2V6zm14 0H8v2h12V6zM4 11h2v2H4v-2zm16 0H8v2h12v-2zM4 16h2v2H4v-2zm16 0H8v2h12v-2z\" fill=\"currentColor\"><\/path><\/svg><svg style=\"fill: #999;color:#999\" class=\"arrow-unsorted-368013\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"10px\" height=\"10px\" viewBox=\"0 0 24 24\" version=\"1.2\" baseProfile=\"tiny\"><path d=\"M18.2 9.3l-6.2-6.3-6.2 6.3c-.2.2-.3.4-.3.7s.1.5.3.7c.2.2.4.3.7.3h11c.3 0 .5-.1.7-.3.2-.2.3-.5.3-.7s-.1-.5-.3-.7zM5.8 14.7l6.2 6.3 6.2-6.3c.2-.2.3-.5.3-.7s-.1-.5-.3-.7c-.2-.2-.4-.3-.7-.3h-11c-.3 0-.5.1-.7.3-.2.2-.3.5-.3.7s.1.5.3.7z\"\/><\/svg><\/span><\/label><input  type=\"checkbox\" id=\"item-6a0e588965897\"><\/a><\/span><\/div>\n<nav><ul class='ez-toc-list ez-toc-list-level-1 ' ><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-1\" href=\"https:\/\/www.squareyards.ae\/blog\/mortgages-loan-from-uae-bank-accart\/#Popular_House_and_Mortgage_Loans_From_UAE_Bank\" title=\"Popular House and Mortgage Loans From UAE Bank\">Popular House and Mortgage Loans From UAE Bank<\/a><ul class='ez-toc-list-level-3'><li class='ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-2\" href=\"https:\/\/www.squareyards.ae\/blog\/mortgages-loan-from-uae-bank-accart\/#Abu_Dhabi_Commercial_Bank\" title=\"Abu Dhabi Commercial Bank\">Abu Dhabi Commercial Bank<\/a><ul class='ez-toc-list-level-4'><li class='ez-toc-heading-level-4'><a class=\"ez-toc-link ez-toc-heading-3\" href=\"https:\/\/www.squareyards.ae\/blog\/mortgages-loan-from-uae-bank-accart\/#What_Documents_Are_Required_To_Get_A_Home_Loan_From_ADCB\" title=\"What Documents Are Required To Get A Home Loan From ADCB?\">What Documents Are Required To Get A Home Loan From ADCB?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-4'><a class=\"ez-toc-link ez-toc-heading-4\" href=\"https:\/\/www.squareyards.ae\/blog\/mortgages-loan-from-uae-bank-accart\/#For_Employed_Individuals\" title=\"For Employed Individuals:\">For Employed Individuals:<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-4'><a class=\"ez-toc-link ez-toc-heading-5\" href=\"https:\/\/www.squareyards.ae\/blog\/mortgages-loan-from-uae-bank-accart\/#For_Self-Employed_Individuals\" title=\"For Self-Employed Individuals:\">For Self-Employed Individuals:<\/a><\/li><\/ul><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-6\" href=\"https:\/\/www.squareyards.ae\/blog\/mortgages-loan-from-uae-bank-accart\/#First_Abu_Dhabi_Bank\" title=\"First Abu Dhabi Bank\">First Abu Dhabi Bank<\/a><ul class='ez-toc-list-level-4'><li class='ez-toc-heading-level-4'><a class=\"ez-toc-link ez-toc-heading-7\" href=\"https:\/\/www.squareyards.ae\/blog\/mortgages-loan-from-uae-bank-accart\/#What_is_The_Application_Process_for_Mortgage_Rates_in_Dubai_at_FAB\" title=\"What is The Application Process for Mortgage Rates in Dubai at FAB?\">What is The Application Process for Mortgage Rates in Dubai at FAB?<\/a><\/li><\/ul><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-8\" href=\"https:\/\/www.squareyards.ae\/blog\/mortgages-loan-from-uae-bank-accart\/#Emirates_NBD\" title=\"Emirates NBD\">Emirates NBD<\/a><ul class='ez-toc-list-level-4'><li class='ez-toc-heading-level-4'><a class=\"ez-toc-link ez-toc-heading-9\" href=\"https:\/\/www.squareyards.ae\/blog\/mortgages-loan-from-uae-bank-accart\/#For_Emiratis\" title=\"For Emiratis\">For Emiratis<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-4'><a class=\"ez-toc-link ez-toc-heading-10\" href=\"https:\/\/www.squareyards.ae\/blog\/mortgages-loan-from-uae-bank-accart\/#UAE_Mortgage_for_Expats\" title=\"UAE Mortgage for Expats\">UAE Mortgage for Expats<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-4'><a class=\"ez-toc-link ez-toc-heading-11\" href=\"https:\/\/www.squareyards.ae\/blog\/mortgages-loan-from-uae-bank-accart\/#Documents_Required\" title=\"Documents Required\u00a0\">Documents Required\u00a0<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-4'><a class=\"ez-toc-link ez-toc-heading-12\" href=\"https:\/\/www.squareyards.ae\/blog\/mortgages-loan-from-uae-bank-accart\/#For_Salaried_Individuals\" title=\"For Salaried Individuals:\">For Salaried Individuals:<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-4'><a class=\"ez-toc-link ez-toc-heading-13\" href=\"https:\/\/www.squareyards.ae\/blog\/mortgages-loan-from-uae-bank-accart\/#For_Self-Employed_Individuals-2\" title=\"For Self-Employed Individuals:\">For Self-Employed Individuals:<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-4'><a class=\"ez-toc-link ez-toc-heading-14\" href=\"https:\/\/www.squareyards.ae\/blog\/mortgages-loan-from-uae-bank-accart\/#Co-Borrower_Documents_if_applicable\" title=\"Co-Borrower Documents (if applicable):\">Co-Borrower Documents (if applicable):<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-4'><a class=\"ez-toc-link ez-toc-heading-15\" href=\"https:\/\/www.squareyards.ae\/blog\/mortgages-loan-from-uae-bank-accart\/#If_Moving_Your_Loan_to_Emirates_NBD\" title=\"If Moving Your Loan to Emirates NBD:\">If Moving Your Loan to Emirates NBD:<\/a><\/li><\/ul><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-16\" href=\"https:\/\/www.squareyards.ae\/blog\/mortgages-loan-from-uae-bank-accart\/#Dubai_Islamic_Bank\" title=\"Dubai Islamic Bank\">Dubai Islamic Bank<\/a><ul class='ez-toc-list-level-4'><li class='ez-toc-heading-level-4'><a class=\"ez-toc-link ez-toc-heading-17\" href=\"https:\/\/www.squareyards.ae\/blog\/mortgages-loan-from-uae-bank-accart\/#MyHome\" title=\"MyHome\">MyHome<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-4'><a class=\"ez-toc-link ez-toc-heading-18\" href=\"https:\/\/www.squareyards.ae\/blog\/mortgages-loan-from-uae-bank-accart\/#DIB_Nest\" title=\"DIB Nest\">DIB Nest<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-4'><a class=\"ez-toc-link ez-toc-heading-19\" href=\"https:\/\/www.squareyards.ae\/blog\/mortgages-loan-from-uae-bank-accart\/#First-time_Buyers_and_Existing_Homeowners\" title=\"First-time Buyers and Existing Homeowners\">First-time Buyers and Existing Homeowners<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-4'><a class=\"ez-toc-link ez-toc-heading-20\" href=\"https:\/\/www.squareyards.ae\/blog\/mortgages-loan-from-uae-bank-accart\/#Non-Resident_Programme\" title=\"Non-Resident Programme\">Non-Resident Programme<\/a><\/li><\/ul><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-21\" href=\"https:\/\/www.squareyards.ae\/blog\/mortgages-loan-from-uae-bank-accart\/#RAK_Bank\" title=\"RAK Bank\">RAK Bank<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-22\" href=\"https:\/\/www.squareyards.ae\/blog\/mortgages-loan-from-uae-bank-accart\/#Emirates_Islamic_Bank\" title=\"Emirates Islamic Bank\">Emirates Islamic Bank<\/a><ul class='ez-toc-list-level-4'><li class='ez-toc-heading-level-4'><a class=\"ez-toc-link ez-toc-heading-23\" href=\"https:\/\/www.squareyards.ae\/blog\/mortgages-loan-from-uae-bank-accart\/#Commercial_Property_Finance\" title=\"Commercial Property Finance\">Commercial Property Finance<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-4'><a class=\"ez-toc-link ez-toc-heading-24\" href=\"https:\/\/www.squareyards.ae\/blog\/mortgages-loan-from-uae-bank-accart\/#Home_Finance_-_Manzili\" title=\"Home Finance \u2013 Manzili\">Home Finance \u2013 Manzili<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-4'><a class=\"ez-toc-link ez-toc-heading-25\" href=\"https:\/\/www.squareyards.ae\/blog\/mortgages-loan-from-uae-bank-accart\/#Home_Finance_-_Binaa\" title=\"Home Finance \u2013 Bina&#8217;a\">Home Finance \u2013 Bina&#8217;a<\/a><\/li><\/ul><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-26\" href=\"https:\/\/www.squareyards.ae\/blog\/mortgages-loan-from-uae-bank-accart\/#Mashreq_Bank\" title=\"Mashreq Bank\">Mashreq Bank<\/a><ul class='ez-toc-list-level-4'><li class='ez-toc-heading-level-4'><a class=\"ez-toc-link ez-toc-heading-27\" href=\"https:\/\/www.squareyards.ae\/blog\/mortgages-loan-from-uae-bank-accart\/#Documents_Required_for_Home_Loan_UAE_Residents_and_Non-residents\" title=\"Documents Required for Home Loan (UAE Residents and Non-residents)\">Documents Required for Home Loan (UAE Residents and Non-residents)<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-4'><a class=\"ez-toc-link ez-toc-heading-28\" href=\"https:\/\/www.squareyards.ae\/blog\/mortgages-loan-from-uae-bank-accart\/#For_Employed_Individuals-2\" title=\"For Employed Individuals:\">For Employed Individuals:<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-4'><a class=\"ez-toc-link ez-toc-heading-29\" href=\"https:\/\/www.squareyards.ae\/blog\/mortgages-loan-from-uae-bank-accart\/#For_Self-Employed\" title=\"For Self-Employed:\">For Self-Employed:<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-4'><a class=\"ez-toc-link ez-toc-heading-30\" href=\"https:\/\/www.squareyards.ae\/blog\/mortgages-loan-from-uae-bank-accart\/#Other_House_Loan_from_UAE_Banks\" title=\"Other House Loan from UAE Banks\">Other House Loan from UAE Banks<\/a><\/li><\/ul><\/li><\/ul><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-31\" href=\"https:\/\/www.squareyards.ae\/blog\/mortgages-loan-from-uae-bank-accart\/#Frequently_Asked_Questions_FAQs\" title=\"Frequently Asked Questions (FAQ&#8217;s):\">Frequently Asked Questions (FAQ&#8217;s):<\/a><ul class='ez-toc-list-level-3'><li class='ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-32\" href=\"https:\/\/www.squareyards.ae\/blog\/mortgages-loan-from-uae-bank-accart\/#Can_I_get_a_mortgage_in_the_UAE_without_a_job\" title=\"Can I get a mortgage in the UAE without a job?\">Can I get a mortgage in the UAE without a job?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-33\" href=\"https:\/\/www.squareyards.ae\/blog\/mortgages-loan-from-uae-bank-accart\/#Do_I_need_a_down_payment_and_if_so_how_much\" title=\" Do I need a down payment, and if so, how much?\"> Do I need a down payment, and if so, how much?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-34\" href=\"https:\/\/www.squareyards.ae\/blog\/mortgages-loan-from-uae-bank-accart\/#What_are_the_pros_and_cons_of_conventional_vs_Islamic_mortgages\" title=\"What are the pros and cons of conventional vs. Islamic mortgages?\">What are the pros and cons of conventional vs. Islamic mortgages?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-35\" href=\"https:\/\/www.squareyards.ae\/blog\/mortgages-loan-from-uae-bank-accart\/#What_are_the_hidden_costs_associated_with_UAE_mortgages\" title=\"What are the hidden costs associated with UAE mortgages?\">What are the hidden costs associated with UAE mortgages?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-36\" href=\"https:\/\/www.squareyards.ae\/blog\/mortgages-loan-from-uae-bank-accart\/#What_are_the_exit_fees_to_prepay_my_mortgage\" title=\"What are the exit fees to prepay my mortgage?\">What are the exit fees to prepay my mortgage?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-37\" href=\"https:\/\/www.squareyards.ae\/blog\/mortgages-loan-from-uae-bank-accart\/#What_kind_of_mortgages_are_available_in_Dubai\" title=\"What kind of mortgages are available in Dubai?\">What kind of mortgages are available in Dubai?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-38\" href=\"https:\/\/www.squareyards.ae\/blog\/mortgages-loan-from-uae-bank-accart\/#What_is_a_remortgage_or_buy-out_mortgage\" title=\"What is a remortgage or buy-out mortgage?\">What is a remortgage or buy-out mortgage?<\/a><\/li><\/ul><\/li><\/ul><\/nav><\/div>\n<h2 style=\"text-align: justify;\"><span class=\"ez-toc-section\" id=\"Popular_House_and_Mortgage_Loans_From_UAE_Bank\"><\/span><span style=\"font-weight: 400;\">Popular House and Mortgage Loans From UAE Bank<\/span><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p style=\"text-align: justify;\"><img loading=\"lazy\" decoding=\"async\" class=\"aligncenter wp-image-65962 size-full\" src=\"https:\/\/www.squareyards.ae\/blog\/wp-content\/uploads\/2024\/06\/Mortgage-and-House-Loan-in-Dubai.jpg\" alt=\"House and Mortgage Loans From UAE Bank\" width=\"1500\" height=\"1000\" \/><\/p>\n<p style=\"text-align: justify;\"><span style=\"font-weight: 400;\">With mortgage loans from UAE banks, you can now make it happen. These <\/span>house loans in Dubai<span style=\"font-weight: 400;\"> are available for buying houses, land, and renovations.<\/span><\/p>\n<p style=\"text-align: justify;\"><span style=\"font-weight: 400;\">Knowing your mortgage options is key, whether you&#8217;re a UAE national, a GCC citizen, or an expat. Some of the best banks in Abu Dhabi, Dubai, and other prominent locations are as follows:<\/span><\/p>\n<ul>\n<li style=\"list-style-type: none;\">\n<ul>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Abu Dhabi Commercial Bank<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">First Abu Dhabi Bank<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Emirates NBD<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Dubai Islamic Bank<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">RAK Bank<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Emirates Islamic Bank<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Mashreq Bank<\/span><\/li>\n<\/ul>\n<\/li>\n<li style=\"text-align: justify;\">\n<h3><span class=\"ez-toc-section\" id=\"Abu_Dhabi_Commercial_Bank\"><\/span><span style=\"font-weight: 400;\">Abu Dhabi Commercial Bank<\/span><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<\/li>\n<\/ul>\n<figure id=\"attachment_65964\" aria-describedby=\"caption-attachment-65964\" style=\"width: 1600px\" class=\"wp-caption aligncenter\"><img loading=\"lazy\" decoding=\"async\" class=\"wp-image-65964 size-full\" src=\"https:\/\/www.squareyards.ae\/blog\/wp-content\/uploads\/2024\/06\/Abu-Dhabi-Commercial-Bank.jpg\" alt=\"Abu Dhabi Commercial Bank\" width=\"1600\" height=\"900\" \/><figcaption id=\"caption-attachment-65964\" class=\"wp-caption-text\"><strong>Credit<\/strong>: Gulf Business<\/figcaption><\/figure>\n<p style=\"text-align: justify;\"><span style=\"font-weight: 400;\">Abu Dhabi Commercial Bank, or ADCB, is a major bank in the United Arab Emirates. They offer regular banking services like accounts, loans, credit cards, investment options, and Islamic banking. Founded in 1985, ADCB has grown to serve over 1 million customers with branches across the UAE.<\/span><\/p>\n<h4 style=\"text-align: justify;\"><span class=\"ez-toc-section\" id=\"What_Documents_Are_Required_To_Get_A_Home_Loan_From_ADCB\"><\/span><span style=\"font-weight: 400;\">What Documents Are Required To Get A Home Loan From ADCB?<\/span><span class=\"ez-toc-section-end\"><\/span><\/h4>\n<p style=\"text-align: justify;\"><span style=\"font-weight: 400;\">The documents required for Mortgage UAE to successfully get house loans from one of the best banks in Abu Dhabi are as follows\u2014<\/span><\/p>\n<h4 style=\"text-align: justify;\"><span class=\"ez-toc-section\" id=\"For_Employed_Individuals\"><\/span><span style=\"font-weight: 400;\">For Employed Individuals:<\/span><span class=\"ez-toc-section-end\"><\/span><\/h4>\n<ul>\n<li style=\"list-style-type: none;\">\n<ul style=\"text-align: justify;\">\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Completed application form<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Valid Passport, Visa &amp; EIDA Card copy<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Proof of booked property (if any)<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Declaration of the source of down payment<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">A salary certificate issued to ADCB and dated 30 days or less from the loan application date.<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">6 months\u2019 bank statements copy<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Salary transfer letter (if transferring salary to ADCB)<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Details of existing loans\/liabilities<\/span><\/li>\n<\/ul>\n<\/li>\n<\/ul>\n<h4 style=\"text-align: justify;\"><span class=\"ez-toc-section\" id=\"For_Self-Employed_Individuals\"><\/span><span style=\"font-weight: 400;\">For Self-Employed Individuals:<\/span><span class=\"ez-toc-section-end\"><\/span><\/h4>\n<ul>\n<li style=\"list-style-type: none;\">\n<ul>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Completed application form<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Valid passport, visa and EIDA Card copy<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Proof of booked property (if any)<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Declaration of the source of down payment<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">6 months\u2019 bank statements copy for both personal and company accounts<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Valid Trade Licence copy (If applicable: Memorandum of Association\/ Articles of Association \/ Share Certificates)<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Last 2 years, audited financial statements (for loan value greater than AED 2.5 Million)<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Details of existing loans\/liabilities<\/span><\/li>\n<\/ul>\n<\/li>\n<li style=\"text-align: justify;\">\n<h3><span class=\"ez-toc-section\" id=\"First_Abu_Dhabi_Bank\"><\/span><span style=\"font-weight: 400;\">First Abu Dhabi Bank<\/span><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<\/li>\n<\/ul>\n<p style=\"text-align: justify;\"><span style=\"font-weight: 400;\">Abu Dhabi Bank (FAB) offers a variety of competitive mortgage options with flexible features. You can benefit from low down payments, high financing, and minimal fees. FAB provides competitive fixed interest rates starting at 0.55% + 3 months EIBOR and can finance up to 85% of first-time buyers. Additional benefits include earning FAB Rewards points and cashback offers, no approval-in-principle fee, and exclusive processing and valuation fee deals. With expert mortgage loans from UAE banks advisors to guide you through the process, FAB ensures a smooth and efficient experience for UAE nationals and expatriates looking to invest in property.<\/span><\/p>\n<h4 style=\"text-align: justify;\"><span class=\"ez-toc-section\" id=\"What_is_The_Application_Process_for_Mortgage_Rates_in_Dubai_at_FAB\"><\/span><span style=\"font-weight: 400;\">What is The Application Process for Mortgage Rates in Dubai at FAB?<\/span><span class=\"ez-toc-section-end\"><\/span><\/h4>\n<p style=\"text-align: justify;\"><span style=\"font-weight: 400;\">To apply for mortgage rates in Dubai at First Abu Dhabi, the process starts by submitting an online form expressing your interest. Next, consult an FAB mortgage specialist to explore your options. After choosing a mortgage, sign an <a href=\"https:\/\/www.squareyards.com\/blog\/drafting-of-mou-propamc\">MOU<\/a> with your agent and schedule a home valuation. Submit the required documents, including the Mortgage Application Form, proof of income, and Sale and Purchase Agreement. Once you sign the home offer letter and get mortgage approval, register your property with the <a href=\"https:\/\/www.squareyards.ae\/blog\/dubai-land-department-govart\"><strong>Dubai Land Department (DLD)<\/strong><\/a> and start paying monthly instalments to FAB.<\/span><\/p>\n<ul>\n<li style=\"text-align: justify;\">\n<h3><span class=\"ez-toc-section\" id=\"Emirates_NBD\"><\/span><span style=\"font-weight: 400;\">Emirates NBD<\/span><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<\/li>\n<\/ul>\n<p style=\"text-align: justify;\"><span style=\"font-weight: 400;\">Emirates NBD is one of the leading banks in the UAE. It offers a variety of mortgage loans with flexible terms and competitive interest rates. Emirates NBD serves Emiratis and expatriates, providing solutions for purchasing homes, constructing properties, and refinancing existing loans. Emirates NBD ensures a seamless application process and personalised service to help customers achieve their dream of homeownership.<\/span><\/p>\n<ul>\n<li style=\"list-style-type: none;\">\n<ul>\n<li>\n<h4><span class=\"ez-toc-section\" id=\"For_Emiratis\"><\/span><span style=\"font-weight: 400;\">For Emiratis<\/span><span class=\"ez-toc-section-end\"><\/span><\/h4>\n<ul>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Up to 100% financing of construction costs, with loan amounts up to AED 25 million and a fixed-rate interest option.<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Financing up to 85% of the property value, with loans up to AED 25 million, including government housing.<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Borrow up to AED 25 million, with an LTV ratio of up to 70%, and take out a loan against property for UAE nationals.<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">The loan amounts to AED 25 million with an LTV ratio of up to 70% for Mulhaq loans.\u00a0<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Government housing programmes with 0% interest on loans up to AED 800k, with no processing fee and discounted valuation fee.<\/span><\/li>\n<\/ul>\n<\/li>\n<li>\n<h4><span class=\"ez-toc-section\" id=\"UAE_Mortgage_for_Expats\"><\/span><span style=\"font-weight: 400;\">UAE Mortgage for Expats<\/span><span class=\"ez-toc-section-end\"><\/span><\/h4>\n<ul>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Financing up to 80% of the property value, with loans up to AED 25 million or 84 salary multiples (whichever is lower).<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Borrow up to AED 25 million, with financing up to 80% of the property value and loan tenure up to 25 years for loans against property.\u00a0<\/span><\/li>\n<\/ul>\n<\/li>\n<li>\n<h4><span class=\"ez-toc-section\" id=\"Documents_Required\"><\/span><span style=\"font-weight: 400;\">Documents Required\u00a0<\/span><span class=\"ez-toc-section-end\"><\/span><\/h4>\n<ul>\n<li style=\"text-align: justify;\"><span style=\"font-weight: 400;\">Documents required for mortgage UAE for processes at Emirates NBD are\u2013<\/span><\/li>\n<\/ul>\n<\/li>\n<li>\n<h4><span class=\"ez-toc-section\" id=\"For_Salaried_Individuals\"><\/span><span style=\"font-weight: 400;\">For Salaried Individuals:<\/span><span class=\"ez-toc-section-end\"><\/span><\/h4>\n<ul>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Passport and Emirates ID<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Salary certificate addressed to Emirates NBD<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Bank statement for the last 6 months<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Pay slips for the past 6 months, if pay varies more than 10%<\/span><\/li>\n<\/ul>\n<\/li>\n<li>\n<h4><span class=\"ez-toc-section\" id=\"For_Self-Employed_Individuals-2\"><\/span><span style=\"font-weight: 400;\">For Self-Employed Individuals:<\/span><span class=\"ez-toc-section-end\"><\/span><\/h4>\n<ul>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Passport and Emirates ID<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Copy of Trade Licence<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Memorandum of Association (MOA), including all amendments<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Bank statement for the last 6 months<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Audited company financials for the past two years<\/span><\/li>\n<\/ul>\n<\/li>\n<li>\n<h4><span class=\"ez-toc-section\" id=\"Co-Borrower_Documents_if_applicable\"><\/span><span style=\"font-weight: 400;\">Co-Borrower Documents (if applicable):<\/span><span class=\"ez-toc-section-end\"><\/span><\/h4>\n<ul>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Co-borrowers passport and Emirates ID<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Income documents (if applicable)<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Pay slips for the last 6 months if pay varies more than 10% (if applicable)<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Bank statement for the last 6 months (if applicable)<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">If the co-borrower is a company owner, the MOA and Trade Licence<\/span><\/li>\n<\/ul>\n<\/li>\n<li>\n<h4><span class=\"ez-toc-section\" id=\"If_Moving_Your_Loan_to_Emirates_NBD\"><\/span><span style=\"font-weight: 400;\">If Moving Your Loan to Emirates NBD:<\/span><span class=\"ez-toc-section-end\"><\/span><\/h4>\n<ul>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Valid passport and Emirates ID<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Property documents and title deed<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Existing bank loan documents<\/span><\/li>\n<\/ul>\n<\/li>\n<\/ul>\n<\/li>\n<li style=\"text-align: justify;\">\n<h3><span class=\"ez-toc-section\" id=\"Dubai_Islamic_Bank\"><\/span><span style=\"font-weight: 400;\">Dubai Islamic Bank<\/span><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<\/li>\n<\/ul>\n<p style=\"text-align: justify;\"><span style=\"font-weight: 400;\">Dubai Islamic Bank is a leading bank in the UAE, known for its Shari&#8217;ah-compliant mortgage products. It offers a range of home financing options tailored to suit the needs of UAE nationals, expatriates, and non-residents. DIB&#8217;s mortgage solutions are designed to be flexible and customer-friendly, ensuring you can find the perfect loan for your dream home.<\/span><\/p>\n<ul>\n<li style=\"list-style-type: none;\">\n<ul style=\"text-align: justify;\">\n<li>\n<h4><span class=\"ez-toc-section\" id=\"MyHome\"><\/span><span style=\"font-weight: 400;\">MyHome<\/span><span class=\"ez-toc-section-end\"><\/span><\/h4>\n<\/li>\n<\/ul>\n<\/li>\n<\/ul>\n<p style=\"text-align: justify; padding-left: 40px;\"><span style=\"font-weight: 400;\">The MyHome programme from DIB offers a home financing experience built around your needs. You can choose your EIBOR review period and enjoy a fixed margin for life linked to EIBOR, with options for 3, 6, or 12-month review frequencies. This means you can select the review period that suits you best. MyHome also offers fixed rates for the life of the finance, available via an Ijarah contract.<\/span><\/p>\n<ul>\n<li style=\"list-style-type: none;\">\n<ul style=\"text-align: justify;\">\n<li>\n<h4><span class=\"ez-toc-section\" id=\"DIB_Nest\"><\/span><span style=\"font-weight: 400;\">DIB Nest<\/span><span class=\"ez-toc-section-end\"><\/span><\/h4>\n<\/li>\n<\/ul>\n<\/li>\n<\/ul>\n<p style=\"text-align: justify; padding-left: 40px;\"><span style=\"font-weight: 400;\">DIB Nest is a sustainable home finance option that lets you achieve your dream home while positively impacting the environment. This programme provides financing for solar panels, sustainable construction materials, and discounted mortgage rates to reward your commitment to sustainability. Additional benefits include reduced fees on due diligence, documentation, and property valuation and free Takaful for the first year on ready properties.<\/span><\/p>\n<ul>\n<li style=\"list-style-type: none;\">\n<ul style=\"text-align: justify;\">\n<li>\n<h4><span class=\"ez-toc-section\" id=\"First-time_Buyers_and_Existing_Homeowners\"><\/span><span style=\"font-weight: 400;\">First-time Buyers and Existing Homeowners<\/span><span class=\"ez-toc-section-end\"><\/span><\/h4>\n<\/li>\n<\/ul>\n<\/li>\n<\/ul>\n<p style=\"text-align: justify; padding-left: 40px;\"><span style=\"font-weight: 400;\">Whether you&#8217;re buying your first home or looking to purchase from an existing homeowner, DIB offers tailored mortgage solutions. Enjoy competitive profit rates linked to <a href=\"https:\/\/www.squareyards.ae\/blog\/eibor-rate-today-dubai-accart\">EIBOR<\/a>, with flexible tenures of up to 25 years. Salary transfer is not required, and you can get up to 85% financing for UAE nationals and 80% for expatriates.<\/span><\/p>\n<ul>\n<li style=\"list-style-type: none;\">\n<ul style=\"text-align: justify;\">\n<li>\n<h4><span class=\"ez-toc-section\" id=\"Non-Resident_Programme\"><\/span><span style=\"font-weight: 400;\">Non-Resident Programme<\/span><span class=\"ez-toc-section-end\"><\/span><\/h4>\n<\/li>\n<\/ul>\n<\/li>\n<\/ul>\n<p style=\"text-align: justify; padding-left: 40px;\"><span style=\"font-weight: 400;\">The DIB Non-Resident Programme is perfect for those living abroad but looking to own property in the UAE. With the largest approved developer base, this programme lets you easily own a home in the UAE. Suppose you already have a house on mortgage. In that case, you can also benefit from their Home Equity programme, which allows you to use your home as collateral for additional financing for renovations, purchasing another property, or construction projects. Enjoy quick processing, high finance amounts, and attractive repayment tenures with DIB\u2019s non-resident mortgage options.<\/span><\/p>\n<ul>\n<li style=\"text-align: justify;\">\n<h3><span class=\"ez-toc-section\" id=\"RAK_Bank\"><\/span><span style=\"font-weight: 400;\">RAK Bank<\/span><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<\/li>\n<\/ul>\n<p style=\"text-align: justify;\"><span style=\"font-weight: 400;\">RAK Bank provides flexible and inexpensive home loan solutions to satisfy the demands of UAE citizens and foreigners living abroad. RAK Bank facilitates homeownership through expedited approval processes and interest rates as low as 3.25%. The mortgage rates UAE bank offers up to AED 13 million for salaried persons and AED 20 million for self-employed consumers for properties located in Abu Dhabi, Dubai, and Ras Al Khaimah. Additional features to ensure affordability and convenience for borrowers include a 20% down payment requirement, repayment terms of up to 25 years, and an early settlement cost of just 1%.\u00a0<\/span><\/p>\n<ul>\n<li style=\"text-align: justify;\">\n<h3><span class=\"ez-toc-section\" id=\"Emirates_Islamic_Bank\"><\/span><span style=\"font-weight: 400;\">Emirates Islamic Bank<\/span><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<\/li>\n<\/ul>\n<p style=\"text-align: justify;\"><span style=\"font-weight: 400;\">Emirates Islamic Bank is a leading provider of mortgage loans in the UAE, offering a variety of options to cater to different needs. Their home finance products are designed to help UAE nationals, residents, and non-residents easily secure their dream property.\u00a0<\/span><\/p>\n<p style=\"text-align: justify;\"><span style=\"font-weight: 400;\">Emirates Islamic Bank ensures all their mortgage products are Shari&#8217;ah-compliant, providing peace of mind for customers seeking Islamic financing options. Whether you are looking to buy a home, invest in property, or expand your business, Emirates Islamic Bank has a solution to meet your needs.<\/span><\/p>\n<ul>\n<li style=\"list-style-type: none;\">\n<ul style=\"text-align: justify;\">\n<li>\n<h4><span class=\"ez-toc-section\" id=\"Commercial_Property_Finance\"><\/span><span style=\"font-weight: 400;\">Commercial Property Finance<\/span><span class=\"ez-toc-section-end\"><\/span><\/h4>\n<\/li>\n<\/ul>\n<\/li>\n<\/ul>\n<p style=\"text-align: justify; padding-left: 40px;\"><span style=\"font-weight: 400;\">This option is perfect for businesses purchasing office space, retail units, or residential complexes. It helps finance a wide range of commercial properties and utilises the principles of Ijara for funding. Commercial property finance by Emirates Islamic Bank also helps manage cash flow by optimising capital.<\/span><\/p>\n<ul>\n<li style=\"list-style-type: none;\">\n<ul style=\"text-align: justify;\">\n<li>\n<h4><span class=\"ez-toc-section\" id=\"Home_Finance_-_Manzili\"><\/span><span style=\"font-weight: 400;\">Home Finance \u2013 Manzili<\/span><span class=\"ez-toc-section-end\"><\/span><\/h4>\n<\/li>\n<\/ul>\n<\/li>\n<\/ul>\n<p style=\"text-align: justify; padding-left: 40px;\"><span style=\"font-weight: 400;\">Manzili home finance is available to both UAE residents and non-residents. It is ideal for those looking to buy, transfer, or release cash for any freehold property in the UAE. It offers mortgage rates in the UAE, flexible financing options, and an easy application process.<\/span><\/p>\n<ul>\n<li style=\"list-style-type: none;\">\n<ul style=\"text-align: justify;\">\n<li>\n<h4><span class=\"ez-toc-section\" id=\"Home_Finance_-_Binaa\"><\/span><span style=\"font-weight: 400;\">Home Finance \u2013 Bina&#8217;a<\/span><span class=\"ez-toc-section-end\"><\/span><\/h4>\n<\/li>\n<\/ul>\n<\/li>\n<\/ul>\n<p style=\"text-align: justify; padding-left: 40px;\"><span style=\"font-weight: 400;\">There is a house financing option called Bina&#8217;a for UAE citizens alone. This programme finances a property&#8217;s construction using the Islamic concept of Forward Ijarah. After construction, the customer leases the property with a predetermined payback schedule.\u00a0<\/span><\/p>\n<ul>\n<li style=\"text-align: justify;\">\n<h3><span class=\"ez-toc-section\" id=\"Mashreq_Bank\"><\/span><span style=\"font-weight: 400;\">Mashreq Bank<\/span><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<\/li>\n<\/ul>\n<p style=\"text-align: justify;\"><span style=\"font-weight: 400;\">Mashreq Bank offers flexible and competitive mortgage solutions for UAE residents and non-residents. With loan amounts of up to AED 10 million and repayment tenures extending up to 25 years, Mashreq provides financing options that cater to diverse needs. The bank features attractive interest rates and finances up to 50% of the property value. Their offerings include home loans for residents and non-residents and commercial mortgage loans for UAE residents, making it a comprehensive choice for various property financing requirements.<\/span><\/p>\n<h4 style=\"text-align: justify;\"><span class=\"ez-toc-section\" id=\"Documents_Required_for_Home_Loan_UAE_Residents_and_Non-residents\"><\/span><span style=\"font-weight: 400;\">Documents Required for Home Loan (UAE Residents and Non-residents)<\/span><span class=\"ez-toc-section-end\"><\/span><\/h4>\n<p style=\"text-align: justify;\"><span style=\"font-weight: 400;\">The documents required for mortgage UAE to successfully get loans from Mashreq Bank are as follows\u2014<\/span><\/p>\n<ul style=\"text-align: justify;\">\n<li>\n<h4><span class=\"ez-toc-section\" id=\"For_Employed_Individuals-2\"><\/span><span style=\"font-weight: 400;\">For Employed Individuals:<\/span><span class=\"ez-toc-section-end\"><\/span><\/h4>\n<ul>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Application form<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Passport copy with a valid visa<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Salary Certificate addressed to Mashreq Bank<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Six months\u2019 original bank statements<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">A liability letter from the bank addressed to Mashreq Bank<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Photocopy of Purchase Contract<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Photocopy of down payment receipts<\/span><\/li>\n<\/ul>\n<\/li>\n<li>\n<h4><span class=\"ez-toc-section\" id=\"For_Self-Employed\"><\/span><span style=\"font-weight: 400;\">For Self-Employed:<\/span><span class=\"ez-toc-section-end\"><\/span><\/h4>\n<ul>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Application form<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Passport copy with a valid visa<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Six months bank statements (personal and company)<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">A liability letter from the bank addressed to Mashreq Bank<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Memorandum and Articles of Association<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Audited financial statements for the past 2 years<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Board resolution copy<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Trade licence copy<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Copy of Chamber of Commerce Registration<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Business profile on company letterhead<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Photocopy of Purchase Contract<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Photocopy of down payment receipts<\/span><\/li>\n<\/ul>\n<\/li>\n<li>\n<h4><span class=\"ez-toc-section\" id=\"Other_House_Loan_from_UAE_Banks\"><\/span><span style=\"font-weight: 400;\">Other House Loan from UAE Banks<\/span><span class=\"ez-toc-section-end\"><\/span><\/h4>\n<\/li>\n<\/ul>\n<p style=\"text-align: justify;\"><span style=\"font-weight: 400;\">To know more about mortgage loans from UAE banks and some of the best banks in Abu Dhabi and Dubai, refer to the table given below\u2014<\/span><\/p>\n<table style=\"width: 95.9291%;\">\n<tbody>\n<tr>\n<td style=\"width: 49.4908%;\">\n<p><strong>Bank Name<\/strong><\/p>\n<\/td>\n<td style=\"width: 100.942%;\">\n<p><strong>Loan Name<\/strong><\/p>\n<\/td>\n<\/tr>\n<tr>\n<td style=\"width: 49.4908%;\">\n<p><span style=\"font-weight: 400;\">Commercial Bank of Dubai<\/span><\/p>\n<\/td>\n<td style=\"width: 100.942%;\">\n<p><span style=\"font-weight: 400;\">Home Loan<\/span><\/p>\n<\/td>\n<\/tr>\n<tr>\n<td style=\"width: 49.4908%;\">\n<p><span style=\"font-weight: 400;\">Al Hilal Bank<\/span><\/p>\n<\/td>\n<td style=\"width: 100.942%;\">\n<p><span style=\"font-weight: 400;\">Home Financing<\/span><\/p>\n<\/td>\n<\/tr>\n<tr>\n<td style=\"width: 49.4908%;\">\n<p><span style=\"font-weight: 400;\">National Bank of Umm Al Quwain<\/span><\/p>\n<\/td>\n<td style=\"width: 100.942%;\">\n<p><span style=\"font-weight: 400;\">Mortgage Loan<\/span><\/p>\n<\/td>\n<\/tr>\n<tr>\n<td style=\"width: 49.4908%;\">\n<p><span style=\"font-weight: 400;\">Ras Al Khaimah Bank<\/span><\/p>\n<\/td>\n<td style=\"width: 100.942%;\">\n<p><span style=\"font-weight: 400;\">Home Loan<\/span><\/p>\n<\/td>\n<\/tr>\n<tr>\n<td style=\"width: 49.4908%;\">\n<p><span style=\"font-weight: 400;\">Abu Dhabi Islamic Bank<\/span><\/p>\n<\/td>\n<td style=\"width: 100.942%;\">\n<p><span style=\"font-weight: 400;\">Residential Real Estate Financing<\/span><\/p>\n<\/td>\n<\/tr>\n<tr>\n<td style=\"width: 49.4908%;\">\n<p><span style=\"font-weight: 400;\">Sharjah Islamic Bank<\/span><\/p>\n<\/td>\n<td style=\"width: 100.942%;\">\n<p><span style=\"font-weight: 400;\">Mortgage<\/span><\/p>\n<\/td>\n<\/tr>\n<tr>\n<td style=\"width: 49.4908%;\">\n<p><span style=\"font-weight: 400;\">Arab Bank<\/span><\/p>\n<\/td>\n<td style=\"width: 100.942%;\">\n<p><span style=\"font-weight: 400;\">Housing Loan<\/span><\/p>\n<\/td>\n<\/tr>\n<tr>\n<td style=\"width: 49.4908%;\">\n<p><span style=\"font-weight: 400;\">National Bank of Fujairah<\/span><\/p>\n<\/td>\n<td style=\"width: 100.942%;\">\n<p><span style=\"font-weight: 400;\">Home Loan<\/span><\/p>\n<\/td>\n<\/tr>\n<tr>\n<td style=\"width: 49.4908%;\">\n<p><span style=\"font-weight: 400;\">Ajman Bank<\/span><\/p>\n<\/td>\n<td style=\"width: 100.942%;\">\n<p><span style=\"font-weight: 400;\">Mortgage<\/span><\/p>\n<\/td>\n<\/tr>\n<tr>\n<td style=\"width: 49.4908%;\">\n<p><span style=\"font-weight: 400;\">HSBC UAE<\/span><\/p>\n<\/td>\n<td style=\"width: 100.942%;\">\n<p><span style=\"font-weight: 400;\">Mortgage<\/span><\/p>\n<\/td>\n<\/tr>\n<tr>\n<td style=\"width: 49.4908%;\">\n<p><span style=\"font-weight: 400;\">Commercial International Bank<\/span><\/p>\n<\/td>\n<td style=\"width: 100.942%;\">\n<p><span style=\"font-weight: 400;\">Home Loan<\/span><\/p>\n<\/td>\n<\/tr>\n<tr>\n<td style=\"width: 49.4908%;\">\n<p><span style=\"font-weight: 400;\">Broda Bank<\/span><\/p>\n<\/td>\n<td style=\"width: 100.942%;\">\n<p><span style=\"font-weight: 400;\">Housing Loans<\/span><\/p>\n<\/td>\n<\/tr>\n<tr>\n<td style=\"width: 49.4908%;\">\n<p><span style=\"font-weight: 400;\">El Nilein Bank<\/span><\/p>\n<\/td>\n<td style=\"width: 100.942%;\">\n<p><span style=\"font-weight: 400;\">Mortgage<\/span><\/p>\n<\/td>\n<\/tr>\n<tr>\n<td style=\"width: 49.4908%;\">\n<p><span style=\"font-weight: 400;\">Arab African International Bank<\/span><\/p>\n<\/td>\n<td style=\"width: 100.942%;\">\n<p><span style=\"font-weight: 400;\">Mortgage<\/span><\/p>\n<\/td>\n<\/tr>\n<tr>\n<td style=\"width: 49.4908%;\">\n<p><span style=\"font-weight: 400;\">Standard Chartered Bank<\/span><\/p>\n<\/td>\n<td style=\"width: 100.942%;\">\n<p><span style=\"font-weight: 400;\">Housing Loan<\/span><\/p>\n<\/td>\n<\/tr>\n<tr>\n<td style=\"width: 49.4908%;\">\n<p><span style=\"font-weight: 400;\">National Bank of Kuwait<\/span><\/p>\n<\/td>\n<td style=\"width: 100.942%;\">\n<p><span style=\"font-weight: 400;\">Housing Loan<\/span><\/p>\n<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<p style=\"text-align: justify;\"><strong>Similar Suggestions For You:<\/strong><\/p>\n<table style=\"width: 100.724%;\">\n<tbody>\n<tr>\n<td style=\"width: 53.4024%;\">\n<p><span style=\"font-size: 10pt;\"><b>Explore EIBOR Rate Today Dubai<\/b><\/span><\/p>\n<\/td>\n<td style=\"width: 65.3649%;\">\n<p><span style=\"font-size: 10pt;\"><a href=\"https:\/\/www.squareyards.ae\/blog\/eibor-rate-today-dubai-accart\"><b>EIBOR Rate Today Dubai<\/b><\/a><\/span><\/p>\n<\/td>\n<\/tr>\n<tr>\n<td style=\"width: 53.4024%;\">\n<p><span style=\"font-size: 10pt;\"><b>Best Major Banks in Dubai<\/b><\/span><\/p>\n<\/td>\n<td style=\"width: 65.3649%;\">\n<p><span style=\"font-size: 10pt;\"><a href=\"https:\/\/www.squareyards.ae\/blog\/best-banks-in-dubai-accart\"><b>Best Banks in Dubai<\/b><\/a><\/span><\/p>\n<\/td>\n<\/tr>\n<tr>\n<td style=\"width: 53.4024%;\">\n<p><span style=\"font-size: 10pt;\"><b>Finding the Right Home Finance Option<\/b><\/span><\/p>\n<\/td>\n<td style=\"width: 65.3649%;\">\n<p><span style=\"font-size: 10pt;\"><a href=\"https:\/\/www.squareyards.ae\/blog\/finance-home-accart\"><b>Home Finance Option<\/b><\/a><\/span><\/p>\n<\/td>\n<\/tr>\n<tr>\n<td style=\"width: 53.4024%;\">\n<p><span style=\"font-size: 10pt;\"><b>Applying For A Mortgage In Dubai<\/b><\/span><\/p>\n<\/td>\n<td style=\"width: 65.3649%;\">\n<p><span style=\"font-size: 10pt;\"><a href=\"https:\/\/www.squareyards.ae\/blog\/mortgage-in-dubai-hlart\"><b>Mortgage In Dubai<\/b><\/a><\/span><\/p>\n<\/td>\n<\/tr>\n<tr>\n<td style=\"width: 53.4024%;\">\n<p><span style=\"font-size: 10pt;\"><b>5 Topmost Mortgage Mistakes to Avoid<\/b><\/span><\/p>\n<\/td>\n<td style=\"width: 65.3649%;\">\n<p><span style=\"font-size: 10pt;\"><a href=\"https:\/\/www.squareyards.ae\/blog\/topmost-mortgage-mistakes-to-avoid-accart\"><b>Topmost Mortgage Mistakes to Avoid<\/b><\/a><\/span><\/p>\n<\/td>\n<\/tr>\n<tr>\n<td style=\"width: 53.4024%;\">\n<p><span style=\"font-size: 10pt;\"><b>How To Qualify For a Mortgage in the UAE?<\/b><\/span><\/p>\n<\/td>\n<td style=\"width: 65.3649%;\">\n<p><span style=\"font-size: 10pt;\"><a href=\"https:\/\/www.squareyards.ae\/blog\/qualify-for-a-mortgage-in-the-uae-accart\"><b>Mortgage in UAE<\/b><\/a><\/span><\/p>\n<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<h2 style=\"text-align: justify;\"><span class=\"ez-toc-section\" id=\"Frequently_Asked_Questions_FAQs\"><\/span>Frequently Asked Questions (FAQ&#8217;s):<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p style=\"text-align: justify;\">\t\t<section class=\"sc_fs_faq sc_card \">\n\t\t\t<div>\n\t\t\t\t<h3><span class=\"ez-toc-section\" id=\"Can_I_get_a_mortgage_in_the_UAE_without_a_job\"><\/span>Can I get a mortgage in the UAE without a job?<span class=\"ez-toc-section-end\"><\/span><\/h3>\t\t\t\t<div>\n\t\t\t\t\t\t\t\t\t\t<p>\n\t\t\t\t\t\tNo, you generally need a stable job and a steady income to qualify for a mortgage in the UAE.\t\t\t\t\t<\/p>\n\t\t\t\t<\/div>\n\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"sc_fs_faq sc_card \">\n\t\t\t<div>\n\t\t\t\t<h3><span class=\"ez-toc-section\" id=\"Do_I_need_a_down_payment_and_if_so_how_much\"><\/span> Do I need a down payment, and if so, how much?<span class=\"ez-toc-section-end\"><\/span><\/h3>\t\t\t\t<div>\n\t\t\t\t\t\t\t\t\t\t<p>\n\t\t\t\t\t\tYes, a down payment is required. For expats, it is typically 20-25% of the property value, while for UAE nationals, it is usually 15-20%.\t\t\t\t\t<\/p>\n\t\t\t\t<\/div>\n\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"sc_fs_faq sc_card \">\n\t\t\t<div>\n\t\t\t\t<h3><span class=\"ez-toc-section\" id=\"What_are_the_pros_and_cons_of_conventional_vs_Islamic_mortgages\"><\/span>What are the pros and cons of conventional vs. Islamic mortgages?<span class=\"ez-toc-section-end\"><\/span><\/h3>\t\t\t\t<div>\n\t\t\t\t\t\t\t\t\t\t<p>\n\t\t\t\t\t\tThe pros of conventional mortgages are fixed or variable interest rates and more options. The cons are that they are interest-based, which may not be suitable for everyone. There are pros and cons to Islamic mortgages. The pros are that they comply with Sharia law (no interest) and often include profit-sharing. The cons are that they can be more complex and potentially have higher costs due to profit rates.\t\t\t\t\t<\/p>\n\t\t\t\t<\/div>\n\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"sc_fs_faq sc_card \">\n\t\t\t<div>\n\t\t\t\t<h3><span class=\"ez-toc-section\" id=\"What_are_the_hidden_costs_associated_with_UAE_mortgages\"><\/span>What are the hidden costs associated with UAE mortgages?<span class=\"ez-toc-section-end\"><\/span><\/h3>\t\t\t\t<div>\n\t\t\t\t\t\t\t\t\t\t<p>\n\t\t\t\t\t\tHidden costs can include processing fees, valuation fees, insurance, and maintenance costs.\t\t\t\t\t<\/p>\n\t\t\t\t<\/div>\n\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"sc_fs_faq sc_card \">\n\t\t\t<div>\n\t\t\t\t<h3><span class=\"ez-toc-section\" id=\"What_are_the_exit_fees_to_prepay_my_mortgage\"><\/span>What are the exit fees to prepay my mortgage?<span class=\"ez-toc-section-end\"><\/span><\/h3>\t\t\t\t<div>\n\t\t\t\t\t\t\t\t\t\t<p>\n\t\t\t\t\t\tPrepayment or exit fees usually range from 1-3% of the outstanding loan amount.\t\t\t\t\t<\/p>\n\t\t\t\t<\/div>\n\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"sc_fs_faq sc_card \">\n\t\t\t<div>\n\t\t\t\t<h3><span class=\"ez-toc-section\" id=\"What_kind_of_mortgages_are_available_in_Dubai\"><\/span>What kind of mortgages are available in Dubai?<span class=\"ez-toc-section-end\"><\/span><\/h3>\t\t\t\t<div>\n\t\t\t\t\t\t\t\t\t\t<p>\n\t\t\t\t\t\tIn Dubai, you can find fixed, variable, and Islamic mortgages.\t\t\t\t\t<\/p>\n\t\t\t\t<\/div>\n\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"sc_fs_faq sc_card \">\n\t\t\t<div>\n\t\t\t\t<h3><span class=\"ez-toc-section\" id=\"What_is_a_remortgage_or_buy-out_mortgage\"><\/span>What is a remortgage or buy-out mortgage?<span class=\"ez-toc-section-end\"><\/span><\/h3>\t\t\t\t<div>\n\t\t\t\t\t\t\t\t\t\t<p>\n\t\t\t\t\t\tA remortgage, or buy-out mortgage, involves switching your current mortgage to a new lender, often to get better terms or rates.\t\t\t\t\t<\/p>\n\t\t\t\t<\/div>\n\t\t\t<\/div>\n\t\t<\/section>\n\t\t\n<script type=\"application\/ld+json\">\n\t{\n\t\t\"@context\": \"https:\/\/schema.org\",\n\t\t\"@type\": \"FAQPage\",\n\t\t\"mainEntity\": [\n\t\t\t\t\t{\n\t\t\t\t\"@type\": \"Question\",\n\t\t\t\t\"name\": \"Can I get a mortgage in the UAE without a job?\",\n\t\t\t\t\"acceptedAnswer\": {\n\t\t\t\t\t\"@type\": \"Answer\",\n\t\t\t\t\t\"text\": \"No, you generally need a stable job and a steady income to qualify for a mortgage in the UAE.\"\n\t\t\t\t\t\t\t\t\t}\n\t\t\t}\n\t\t\t,\t\t\t\t{\n\t\t\t\t\"@type\": \"Question\",\n\t\t\t\t\"name\": \" Do I need a down payment, and if so, how much?\",\n\t\t\t\t\"acceptedAnswer\": {\n\t\t\t\t\t\"@type\": \"Answer\",\n\t\t\t\t\t\"text\": \"Yes, a down payment is required. For expats, it is typically 20-25% of the property value, while for UAE nationals, it is usually 15-20%.\"\n\t\t\t\t\t\t\t\t\t}\n\t\t\t}\n\t\t\t,\t\t\t\t{\n\t\t\t\t\"@type\": \"Question\",\n\t\t\t\t\"name\": \"What are the pros and cons of conventional vs. Islamic mortgages?\",\n\t\t\t\t\"acceptedAnswer\": {\n\t\t\t\t\t\"@type\": \"Answer\",\n\t\t\t\t\t\"text\": \"The pros of conventional mortgages are fixed or variable interest rates and more options. The cons are that they are interest-based, which may not be suitable for everyone. There are pros and cons to Islamic mortgages. The pros are that they comply with Sharia law (no interest) and often include profit-sharing. The cons are that they can be more complex and potentially have higher costs due to profit rates.\"\n\t\t\t\t\t\t\t\t\t}\n\t\t\t}\n\t\t\t,\t\t\t\t{\n\t\t\t\t\"@type\": \"Question\",\n\t\t\t\t\"name\": \"What are the hidden costs associated with UAE mortgages?\",\n\t\t\t\t\"acceptedAnswer\": {\n\t\t\t\t\t\"@type\": \"Answer\",\n\t\t\t\t\t\"text\": \"Hidden costs can include processing fees, valuation fees, insurance, and maintenance costs.\"\n\t\t\t\t\t\t\t\t\t}\n\t\t\t}\n\t\t\t,\t\t\t\t{\n\t\t\t\t\"@type\": \"Question\",\n\t\t\t\t\"name\": \"What are the exit fees to prepay my mortgage?\",\n\t\t\t\t\"acceptedAnswer\": {\n\t\t\t\t\t\"@type\": \"Answer\",\n\t\t\t\t\t\"text\": \"Prepayment or exit fees usually range from 1-3% of the outstanding loan amount.\"\n\t\t\t\t\t\t\t\t\t}\n\t\t\t}\n\t\t\t,\t\t\t\t{\n\t\t\t\t\"@type\": \"Question\",\n\t\t\t\t\"name\": \"What kind of mortgages are available in Dubai?\",\n\t\t\t\t\"acceptedAnswer\": {\n\t\t\t\t\t\"@type\": \"Answer\",\n\t\t\t\t\t\"text\": \"In Dubai, you can find fixed, variable, and Islamic mortgages.\"\n\t\t\t\t\t\t\t\t\t}\n\t\t\t}\n\t\t\t,\t\t\t\t{\n\t\t\t\t\"@type\": \"Question\",\n\t\t\t\t\"name\": \"What is a remortgage or buy-out mortgage?\",\n\t\t\t\t\"acceptedAnswer\": {\n\t\t\t\t\t\"@type\": \"Answer\",\n\t\t\t\t\t\"text\": \"A remortgage, or buy-out mortgage, involves switching your current mortgage to a new lender, often to get better terms or rates.\"\n\t\t\t\t\t\t\t\t\t}\n\t\t\t}\n\t\t\t\t\t\t]\n\t}\n<\/script>\n\n","protected":false},"excerpt":{"rendered":"<p>Dreaming of owning a home in the UAE? With world-class amenities, excellent education, and a vibrant lifestyle, it&#8217;s no wonder many choose to settle here. However, navigating mortgage loans from UAE banks can be tricky. A mortgage is a loan specifically for purchasing property, and it&#8217;s crucial to making homeownership possible for many. Understanding how [&hellip;]<\/p>\n","protected":false},"author":42,"featured_media":65956,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[81,60,78,59],"class_list":["post-65953","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-banking","category-dubai","category-fintech","category-uae"],"acf":[],"_links":{"self":[{"href":"https:\/\/www.squareyards.ae\/blog\/wp-json\/wp\/v2\/posts\/65953","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.squareyards.ae\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.squareyards.ae\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.squareyards.ae\/blog\/wp-json\/wp\/v2\/users\/42"}],"replies":[{"embeddable":true,"href":"https:\/\/www.squareyards.ae\/blog\/wp-json\/wp\/v2\/comments?post=65953"}],"version-history":[{"count":11,"href":"https:\/\/www.squareyards.ae\/blog\/wp-json\/wp\/v2\/posts\/65953\/revisions"}],"predecessor-version":[{"id":69610,"href":"https:\/\/www.squareyards.ae\/blog\/wp-json\/wp\/v2\/posts\/65953\/revisions\/69610"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.squareyards.ae\/blog\/wp-json\/wp\/v2\/media\/65956"}],"wp:attachment":[{"href":"https:\/\/www.squareyards.ae\/blog\/wp-json\/wp\/v2\/media?parent=65953"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.squareyards.ae\/blog\/wp-json\/wp\/v2\/categories?post=65953"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}