| FAQ’s
A mortgage in the UAE is a loan provided by a bank or financial institution to help you purchase a property. The property serves as collateral until the loan is fully repaid.
UAE citizens, residents, and some non-residents can apply for a mortgage. Eligibility depends on your income, credit history, age, and employment status. At MortgagePro.ae, we assess your profile and guide you to the best options.
Most banks require a minimum monthly salary of AED 10,000, but this varies. Some banks offer options for those earning AED 8,000+ with a salary transfer. MortgagePro helps you find the best fit based on your income.
Yes, expatriates can apply for a mortgage to buy property in designated freehold areas. We specialize in helping expats navigate the process and get the best rates.
For expats, the down payment is typically 20-25% of the property value. UAE nationals may pay as little as 15%. MortgagePro offers calculators and guidance to plan your budget.
You typically need: Passport and visa copy - Emirates ID - Salary certificate or trade license - Bank statements (3-6 months). MortgagePro streamlines the process by helping you prepare all required paperwork.
Yes. Self-employed individuals must provide audited financial statements and bank records. MortgagePro has partnerships with lenders that cater to business owners and freelancers.
Initial pre-approval can take 2-5 working days. Final approval may take 7-14 working days. With MortgagePro, we fast-track your application through our lender network.
MortgagePro offers: Expert, unbiased advice - Access to over 30+ UAE lenders - Competitive interest rates - End-to-end support. We simplify the mortgage process so you can secure your dream home with confidence.
Mortgage pre-approval is a bank's confirmation of how much they're willing to lend you based on your financial profile. It strengthens your offer when buying a property and speeds up the final approval process. MortgagePro.ae offers fast pre-approvals with top UAE banks.
