Refinance
Can I release equity from my UAE property?
Yes, UAE residents can typically release equity from a property they own, borrowing up to around 60-70% of its current value depending on the bank. The funds can generally be used for renovation, investment or other purposes, but some banks restrict use for share trading or as a down payment on another property.
How equity release works
Equity release lets you refinance a property you already own (or have significant equity in) and borrow additional funds against its current market value, up to the bank's maximum loan-to-value for this product. The new loan replaces your existing one (if any), any outstanding balance is settled, and the extra amount is paid out to you.
How much you can typically release
| Borrower type | Typical maximum LTV on current valuation |
|---|---|
| UAE resident, primary residence | 60-70% |
| UAE resident, second/investment property | Around 60% |
| Non-resident | 50-60% |
Working out your released amount
The amount you can release is broadly: (current valuation × maximum LTV) − outstanding mortgage balance − refinance costs. For example, on a property valued at AED 2,000,000 with an existing balance of AED 800,000, a 65% LTV gives a maximum new loan of AED 1,300,000. After settling the AED 800,000 balance, roughly AED 500,000 would be released, before deducting switching costs.
What you can and can't use it for
- Generally permitted: home renovation, business investment, education, other property purchases
- Often restricted: share trading
- Sometimes restricted: using it as the down payment for another mortgage
What affects how much you can release
Your available equity depends on the property's current valuation, your existing mortgage balance (if any), your income and debt burden ratio (capped at 50% of gross monthly income), and the specific bank's equity release LTV limit. A fresh valuation is required to establish current market value.
Staying with your current bank vs. switching
Some banks let you release equity through a straightforward rate or product switch within the same bank, which typically avoids most third-party costs like re-registration and trustee fees. Switching to a new bank may unlock a better rate or higher LTV, but brings the full refinance cost stack into play, so compare both routes before deciding.
Learn more
Read our full guide to equity release in the UAE for eligibility details and worked examples.
Run the numbers on your own case
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Last reviewed 24 June 2026