Income and employment
Lenders generally ask for evidence of stable income, such as salary certificates, payslips and bank statements. Self-employed applicants may need company documents, audited accounts or other evidence of sustainable earnings. Each bank sets its own documentation requirements.
Existing debts and affordability
Car finance, personal loans, credit cards and other commitments affect how much you may be able to borrow. Banks assess your debt burden and ability to meet repayments under applicable Central Bank rules.
Deposit and loan-to-value
You will usually need a deposit, and the minimum amount depends on factors such as whether you are a UAE national or expatriate, whether the property is your first or subsequent property, its value and the type of property. Confirm current limits with the lender.
Credit history and residency
Your AECB credit report, repayment history and residency or visa status may affect the application. Non-resident applicants can face different products, deposit requirements and documentation.
Property eligibility
The bank will assess the property and may require an approved developer, valuation, title or project documents. Off-plan mortgage availability and timing can differ from ready-property finance.
How to prepare
Gather income and bank documents, list all monthly liabilities, check your credit report and obtain an indicative assessment from a lender or qualified mortgage adviser before committing to a purchase. Pre-approval is conditional, not a guarantee of final funding.