Pre-approval
Income, debts and residency are checked so you know the budget before you offer.
New Purchase Mortgage in Dubai
Finance a ready or off-plan home. The calculator estimates the monthly payment from the price, the deposit, the term and the rate.
Mortgage calculator
Enter the purchase price, the deposit, the term and a rate. The panel estimates the monthly payment and the cash you need up front.
How this is calculated
The loan is the price minus the deposit, capped by the loan-to-value for your profile. The monthly figure is a standard amortising repayment at the rate on the slider.
What this calculator doesn't include
The bank's valuation, life and property insurance, and the rate after a fixed period. DLD transfer and mortgage registration are in the cost lines when the panel shows them.
Worked example
Use the numbers already in the panel. They are the same engine as the full calculator page, so the monthly payment and the upfront cash match when the inputs match.
What is a new purchase mortgage?
A loan to buy a home you do not already own, secured on that property. For a completed home it is a standard mortgage. For an off-plan home you usually follow the developer plan, then a mortgage at handover if you still owe a balance.
It is different from a refinance, which replaces a loan you already have, and from equity release, which borrows against a home you already own.
How a Dubai purchase mortgage works
Offer
You agree a price. A valuation-backed price is less likely to fail at the bank.
Bank valuation
The bank values the property and issues its offer: amount, rate and term.
Documents
Passport, visa or proof of address, income and the sale contract are assembled once.
DLD transfer
The mortgage is registered and the property transfers at the Dubai Land Department.
Keys
You pay the bank from then on. We stay available until the transfer is complete.
Who a purchase mortgage suits
Residents
First home
- Up to 80% under AED 5 million on a first home, 70% above.
- Salaried income often from about AED 15,000 a month, bank by bank.
- Self-employed files need a licence and longer statements.
UAE nationals
First home
- Up to 85% under AED 5 million, 75% above.
- The same debt-burden cap of 50% applies.
- A second home is a lower share.
Non-residents
First home
- Typically 60% on a first home, so the deposit is larger.
- Passport, income proof and bank statements.
- A second or investment home is lower again.
When do you arrange the mortgage?
Before you offer. The payment and the deposit should be clear while you can still walk away.
Off-plan buyers who will owe a large balance at completion should also read the handover mortgage page. That loan starts when the home is ready, not during construction.
Our advice: run the calculator, then pre-approval, then the offer. The other way round is how prices and loans fall out of step.
Required documents
Passport and income proof are common to every file. Residents add Emirates ID and visa.
Costs to budget for
- Your deposit, the part the bank will not lend
- DLD transfer, about 4% plus the admin fee
- Mortgage registration, 0.25% of the loan plus AED 290
- Trustee and bank valuation
The calculator's upfront line is the place to see these together.
What if the bank values it lower?
The loan uses the bank's value when that is below the price. You pay the difference, or you renegotiate. TruValue shows the gap before you are committed. For an independent report, DXB Inspector is separate.
How MOVA supports the purchase
- Budget — payment, deposit and fees before you offer.
- Bank matching — criteria across UAE lenders, not one rate card.
- Pre-approval — the file prepared so the offer has a number behind it.
- Valuation — desktop first, then the bank's instruction.
- Contract — sale papers checked against what the bank will accept.
- Transfer — DLD steps coordinated through to the keys.
MOVA does not approve mortgages. The bank decides.
FAQ — New purchase mortgage
How much deposit do I need to buy in Dubai?
On a first home, UAE residents are often up to 80% loan-to-value under AED 5 million and 70% above. UAE nationals are often up to 85% and 75%. Non-residents are typically 60% on a first home. A second home is lower.
Can non-residents get a mortgage in Dubai?
Yes. Many banks lend to non-residents. The first-home loan is typically 60% of the value, so the deposit is larger than for a resident.
How fast is pre-approval?
An indicative view is immediate in the calculator. A formal bank pre-approval is often three to five business days once the file is complete.
Do I need a valuation before I buy?
The bank values the property before it releases the loan. TruValue shows whether the price you want to pay sits near that figure.
Can I buy off-plan with a mortgage?
Yes, when the developer and the bank allow it. During construction you usually pay the plan. A handover mortgage is the loan at completion, on its own page.
What is the debt burden rule?
Total monthly debt, including the new mortgage, generally stays within 50% of income.
Ready to buy with a number, not a guess?
Start pre-approval and we match the payment to a lender.
Start my pre-approval