Buyout & Refinance Your Dubai Mortgage
Switch to a lower UAE rate with a bank buyout or refinance. Compare 25+ banks, model your savings and see exactly which documents you need — liability letter, mortgage statement, Title Deed and more.
Current Loan Analysis
Enter your outstanding balance and current rate. We use this to show realistic savings when switching to a lower UAE bank rate — for Dubai and the UAE properties.
- No obligation — indicative only
- Works for fixed and variable existing loans
- Includes buyout scenarios with liability letter
Refinance Calculator
Use the sliders above to compare your current payment with a new mortgage rate. For a formal quote and bank-specific fees, request a free pre-approval.
Best Bank Rates
Indicative refinance rates from leading UAE lenders. Your personalised rate depends on salary, DBR, property and LTV.
Understanding Bank Buyouts
A bank buyout in the UAE involves transferring your existing mortgage to a new lender who offers more favourable terms. This process is similar to refinancing as both aim to reduce your interest rate and monthly payments. However, a buyout specifically involves a new bank settling your existing loan and registering its mortgage, providing a fresh start with potentially better conditions.
A buyout becomes worthwhile when the cost savings from a lower interest rate outweigh any associated fees. Consider factors like the break-even point, which is the time it takes for savings to surpass costs. If you plan to hold the property beyond this point, a buyout could be financially beneficial. MOVA can help you calculate your break-even and make informed decisions.
Required Documents
Documents needed for a mortgage buyout or refinance in Dubai and the UAE — matching search intent for liability letter, mortgage statement and Title Deed.
Frequently Asked Questions
How do I refinance my mortgage in Dubai?
Request a free review with MOVA. We compare offers from 25+ banks, arrange the liability letter from your current lender and manage buyout through to the new facility.
What is a liability letter for refinance in the UAE?
A liability letter is an official document from your current bank stating the exact outstanding balance required to close the loan. It is mandatory for refinance and buyout transfers.
How much can I save by refinancing?
Savings depend on your current rate, new rate, remaining term and fees. Use our refinance calculator above for an indicative monthly and annual saving.
How long does mortgage refinance take in Dubai?
Typically 3–6 weeks from pre-approval to disbursement, depending on bank queues, valuation and document readiness.
Can I refinance and release equity at the same time?
Yes — top-up or equity release can be combined with refinance if LTV and DBR allow. See our equity release page for details.
Do I need a new valuation to refinance?
Most banks require a desktop or full valuation. MOVA offers desktop valuation for mortgage applications — see our valuation page.
Are there fees for refinancing in the UAE?
MOVA advisory is free. Bank processing, valuation, DLD and early settlement fees may apply — we disclose these upfront.
What is a bank buyout in the UAE?
A bank buyout involves a new lender paying off your current mortgage, allowing you to benefit from improved terms and conditions.
Is a buyout the same as refinancing?
Yes, in the UAE, a buyout is a form of refinancing where the new bank settles your existing loan and registers its mortgage.