Can foreigners get mortgage in Dubai? Well, Yes mortgage in Dubai for foreign national is possible, but you should do your homework properly before you apply for one.

Whether you have property in Dubai or you are looking for mortgage for buying property in Dubai or bought off-plan and need mortgage for final developer handover payment, the complete mortgage solution for foreigners in Dubai is here. Review our step-by-step solution to all your mortgage need for non-residents.

STEP 1

Approach to Bank or hire Mortgage Consultant in Dubai

STEP 2

Discuss your non-resident/foreigner mortgage requirement

And the RM will make you understand the process and further guide you with the requirement for mortgage

qualification with the Bank in UAE. As guideline and qualification rate are different for foreigners mortgage in Dubai

1.Property Details

2.  What income source you have

3. For what you need mortgage

4. Age Criteria

5. And the Process

STEP 3

Submission of the Documents

Non-Resident Mortgage Document Requirement

Mortgage up to 50%

3 Months Bank Statement

Passport Copy

Current Residential Proof

Mortgage up to 60%

Contact RM to send you the entire list of Documents

STEP 4

Discuss the Case with Potential Bank in Dubai

STEP 5

Proposal to be shared with the Potential Mortgage Options available

STEP 6

Bank Form Signature Process

STEP 7

Internal Review or Property Valuation

STEP 8

Final Bank Offer Letter

STEP 9

Signature process with the Bank

STEP 10

Disbursement of the loan

You have finally cleared all the step and ready to have mortgage in Dubai, own a property or you can settle your liabilities. Enjoy your property investment in Dubai.

Connect with 4C Mortgage Consultancy certified consultant, and let them help you to plan your investment in Dubai. 4C Mortgage Consultants provide best mortgage consultancy for a resale property, new purchase property, mortgage refinance, off plan purchase, construction mortgage, project finance, commercial mortgage, buyout, equity release, Non-UAE Resident mortgage in Dubai. Follow us on Twitter, Facebook, and LinkedIn and keep yourself updated with more home buying tips.