30/07/2024
Embarking on the journey to own a home in Dubai? Whether you're an expat or a UAE national, securing a mortgage is a crucial step. Here’s a quick guide to get you started:
Gather Your Documents: You'll need your passport, Emirates ID, salary certificates, and recent bank statements.
Choose the Right Mortgage: Decide between fixed or variable rates based on your financial situation and property type.
Get Pre-approved: This confirms how much you can borrow and speeds up the buying process. Online pre-approval can be instant!
Find Your Home: With a pre-approval in hand, you have 60-90 days to choose the perfect property.
Finalize Your Purchase: After making an offer, finalize your agreement, pay the deposit, and complete the property transfer. The bank will take care of paying the seller