Compare & get UAE & Dubai non resident mortgages

There are few rules that banks follow, but exceptions exist.

As a non-resident, salaried, there are 5 key mortgage eligibility criteria:

• Earn more than 25k AED, over the last 6 months (net of income taxes and other deductions)
• Have a monthly bank account balance of more than 20k AED (over the last 6 months)
• Provide a healthy, credit report
• Have no existing mortgage in the UAE
• Be less than 65y old, at the time of mortgage submission

As a non-resident, self-employed, there are 5 key mortgage eligibility criteria:

• Company exists for at least 1 year
• Have a monthly average balance of 50k AED, over the last 6 years
• Provide a healthy, credit report
• Have no existing mortgage in the UAE
• Be less than 65y old, at the time of mortgage submission

These are not the only rules, and if you want to have full confidence and validate your eligibility, start by speaking to a mortgage advisor.

Documentation depends on the bank, client profile and country of origin.

But in general, these are the minimum documents you would need to apply for a non-resident mortgage in the UAE

Your ID:

• Passport copy
• Residency copy
• Recent utility bill

Your banking statements

• 6 months personal banking statements

Your credit report

• Banks usually ask for your credit report to be able to calculate your total debt exposure

If you are salaried:

• Your salary certificate, stating your date of joining, your salary and your title
• Your last 6 months payslips, from your employer

If you are self-employed:

• Depending on the bank, you might be required to submit your company documentation, e.g. Trade licence, MoA, Share Certificate, Audited Accounts and Bank statements