Home Loan - Compare & Apply Mortgage Loan in Dubai, UAE.

What is a Home Loan in UAE?

A home loan, or a housing loan, in the UAE lets you borrow money to buy a property. You can directly get this type of secured loan from leading banks. After purchasing your dream home, you can repay the borrowed amount in easy instalments for a specific period of time.

This type of loan can help you turn your dream home into a reality without paying the entire amount upfront. This way, you can easily own a house — whether for investment or personal use.

Key Features & Benefits of Home Loan in Dubai

While the perks of each housing loan UAE vary as per the bank, let’s take a look at some of the standard features and benefits —

Key Features	Details
High Finance Amount	Borrow up to 85% of the property’s value
Attractive Interest Rate	No burden of interest with low rates
Flexible Repayment Tenure	Enjoy a long repayment period of up to 25 years
Minimal Documentation	Quick application with peace of mind
Instant Approval	Digital application process ensures a quick home loan approval

Types of Home Loan in UAE

When applying for a house loan in Dubai, it’s important to understand the main types of it to find the suitable one:

Fixed-Rate Home Loan
Variable Rate Home Loan
Islamic Home Finance

As the name suggests, the loan interest rate remains fixed for a certain period. With this type, your monthly EMIs won’t change. This can help you plan a budget efficiently.

The interest rate under this loan can change over time based on market conditions. It means the rates can increase or decrease your monthly payment.

This finance option is based on Sharia principles and different from the conventional housing finance. This type of mortgages avoid interest and use structures like Murabaha or Ijarah. This means that no interest is charged because the bank purchases the property and sells it to you for a profit or leases it to you.

Get the Best Home Loan from the Top UAE's Banks

Dubai Islamic Bank Loan

Emirates Islamic Bank Loan

Standard Chartered Loan

United Arab Bank Loan

CBI Loan

Eligibility Criteria for Mortgage Loan in UAE

To apply for a housing loan UAE, you need to tick all the eligibility requirements:

Eligibility	Criteria
Minimum Age	21 years old
Minimum Monthly Income	AED 5,000*
Nationality	UAE nationals and expats
Employment Status	Salaried and self-employed applicants

*This is the minimum income requirement — for most banks, this limit is higher

Documents to Apply for a Home Loan in Dubai

Here is a checklist of the documents required to secure a mortgage loan in the UAE —

Documents	Salaried Applicants	Self-Employed Applicants
Emirates ID	Yes	Yes
Passport	Yes	Yes
Salary Certificate	Yes	No
Bank Statement of 3-6 Months	Yes	Yes
Trade Licence	No	Yes
Residence Visa (if applicable)	Yes	Yes
Property Ownership Documents	Yes	Yes
Audited Financial statements	No	Yes
Memorandum of Association	No	Yes

✍️Note

Make sure to provide valid documents while submitting your application
In some cases, the bank or financial institutions may request some additional documents

List of the Best Home Loan in UAE with Interest Rates

Here are some of the top banks in the UAE that offer mortgages at competitive rates —

Banks	Interest Rate/Profit Rate	Max. Finance Amount	Apply
NBQ	Starting from 3.95%	AED 8,000,000	Apply Now
FAB (First Abu Dhabi Bank)	Starting from 3.99%	AED 20,000,000	Apply Now
FAB — Islamic Home Finance)	Starting from 3.99%	AED 20,000,000	Apply Now
Emirates NBD	Nationals — Starting from 3.04% (flat) Expats — Starting from 3.04% (flat)	Nationals — AED 5,000,000 Expats — AED 3,000,000	View Offers
Emirates Islamic	Starting from 3.99%	AED 15,000,000	View Offers
Commercial Bank of Dubai (CBD)	Starting from 2.18%	AED 20,000,000	View Offers
RAKBANK	Starting from 2.09%	AED 18,000,000	View Offers
Standard Chartered	Starting from 1.66%	AED 18,000,000	View Offers
HSBC	Starting from 1.96%	AED 20,000,000	View Offers
ADIB	Starting from 2.06%	Nationals — AED 20,000,000 Expats — AED 15,000,000	View Offers
ADCB	Starting from 3.99%	AED 20,000,000	View Offers
NBF (National Bank of Fujairah)	Starting from 3.49%	AED 20,000,000	Apply Now
Sharjah Islamic Bank	Starting from 2.75%	AED 8,000,000	View Offers
United Arab Bank	Starting from 3.69%	N/A	View Offers
Arab Bank	Starting from 1.92%	AED 5,500,000	View Offers
Ajman Bank	Starting from 3.59%	AED 8,000,000	View Offers
Samba	N/A	N/A	View Offers
DIB (Dubai Islamic Bank)	Starting from 1.79%	AED 50,000,000	View Offers
Finance House	N/A	AED 2,500,000	View Offers
CBI	Starting from 2.20%	AED 15,000,000	View Offers

How to Calculate Mortgage Loan EMI in the UAE?

You can use a home loan calculator to estimate your monthly EMI. This handy tool is easy to use — simply enter the finance amount, interest rate, and repayment period (in months or years) and get accurate results. Additionally, you can try different combinations to see what works best for your budget. For example, you can see how a longer term or a smaller loan amount affects your monthly instalment.

This calculator is beneficial in different ways — from saving your time to preventing you from complex manual calculations. With this, you can make better financial decisions and choose the most cost-effective house loan in Dubai or any other Emirate

How to Find the Best Home Loan in UAE?

To choose the right mortgage loan in the UAE, you need to consider the following factors —

Understand Your Finances

Get a clear picture of your financial situation when applying. Look at your income, budget, and other liabilities — be it credit card(s) or loan(s). This will give you a clear idea of how much loan you can get and how to compare your options based on interest rates, repayment tenure, and more.

Check Your Eligibility

Before going ahead, check whether you are eligible for a loan or not. Banks or financial institutions in the UAE have different eligibility criteria, so you need to make sure that you tick all the checklists before applying.

Compare Home Loan Interest Rates

Don't just settle for the first option that you see! With multiple banks offering various plans under mortgage UAE, you should compare the options before committing to one.

You can get help with Paisabazaar.ae to compare the best options from the leading banks.

Know How Much You Can Borrow

In the UAE, expats can usually borrow up to 80% of the property value (for homes up to the value of AED 5 million). On the other hand, nationals can borrow more — usually up to 85% of the property’s value.

Repayment Tenure

Mortgage tenures in the UAE can go up to 25 years, but picking the right one is key. Higher EMIs but less interest over time are associated with shorter periods. Longer durations, on the other hand, reduce your monthly burden. However, they ultimately increase the total costs.

Why Choose Paisabazaar.ae for a Home Loan in UAE?

Paisabazaar.ae is a trustworthy name in the UAE. It simplifies the whole loan process and brings the top-rated options in one place. Here’s why you should choose this platform for all your loan requirements —

Best Home Loans

You can find the top banks or financial institutions under one roof — no need to switch between multiple websites or brochures.

Compare Various Quotes

You can easily compare various quotes from the top lenders and find the most suitable one in just a few clicks.

Instant Loan Approval

The loan application process is completely digital, giving you quick approval without any hectic paperwork.

Expert Assistance

Get personalised assistance from our experts and find a home loan that fits your budget.

100% Transparency

We offer you a secure platform that guarantees safety if your personal information or data.

Dedicated Support

Whether for the application process or any loan-related doubts, you can find the right solutions.

Mortgage Loan in UAE for Nationals and Expats

Applying for a home loan in Dubai is simple, regardless of whether you are an expat or a citizen of the United Arab Emirates. However, you may find a few differences in terms based on nationality; let’s understand them in more detail below —

Factors	UAE Nationals	UAE Residents or Expats
Maximum Loan to Value Ratio (LTV)	For properties of up to AED 5 million — 85% of the value of the property For properties having a value of more than AED 5 million — 75% of the value of the property	For properties of up to AED 5 million — up to 80% of the property’s value For properties of AED 5 million or more — up to 70% of the value
Financing Amount	Up to 8 years of annual income	Up to 7 years of annual income
Debt Burden Ratio (DBR)	Not more than 50% of the gross salary or income	Not exceeding 50% of the gross salary or income
Maximum Loan Tenure	25 years	25 years

✍️Note: Your chosen bank or financial institution might have different requirements for UAE nationals and residents. Make sure to confirm the same before applying.

How to Apply for a Mortgage Loan in the UAE?

With Paisbazaar.ae, it’s quite easy to apply for a home loan in the UAE. Follow the steps mentioned below —

Step 1

Click the button below to get the form

Step 2

Fill it out with the necessary details

Step 3

You will be taken to the mortgage loan quotes page

Step 4

Compare all the features of the top options provided by the leading banks

Step 5

Apply for the most suitable one and proceed

It’s done! We will review your application and get in touch with you shortly for further steps.

FAQ's About Mortgage Loan in UAE

Ans: Yes, expats can apply for a mortgage loan in Dubai, whether they are salaried or self-employed.

Ans: There is no set bank with the lowest interest rates. This is because actual rates depend on your profile in terms of credit score, loan period, and more. However, you can find a home loan at competitive rates from the top banks such as NBQ, ADIB, ADCB, Commercial Bank of Dubai, Emirates NBD, and more.

Ans: Yes, you can easily apply for a mortgage loan online with Paisabazaar.ae.

Ans: Your home loan interest rate is usually affected by your income, credit score, existing debts, property value, loan repayment period, and more.