MFI Group

Non Residence Mortgage Solutions

Non Residence Mortgage Solutions

Dubai’s diverse real estate market is attracting both local and overseas investors due to its affordable prices and low-interest rates. Through the “Non Residence Mortgage” option, those living abroad can easily purchase property in the city without straining their finances.

In our guide below, you’ll find all the answers you need to know about who qualifies for non-resident Dubai home loans.


Yes, overseas investors who want to purchase a property in Dubai to add to their real estate portfolio, or as a holiday home, can certainly get a mortgage. You’ll enjoy various benefits as an investor with a mortgage in Dubai for non-residents, including high loan amounts and increased flexibility.

However, it’s essential to know that non-resident foreign investors have limited options for property loans as compared to UAE citizens and ex-pats. Besides, it’s also essential to know about the mortgage types in Dubai before proceeding.


Ensure you meet the eligibility requirements for a Dubai mortgage for non-residents before applying.

Note that these criteria are a general rule of thumb and may differ between banks in the UAE.

  • You may have to be a citizen of a country that is on the bank’s list before applying for a non-resident home loan in Dubai
  • You must be a salaried or self-employed individual to apply for a non-resident mortgage
  • Some banks also have age restrictions for applicants seeking a non-resident mortgage in Dubai. For instance, ADCB requires non-resident applicants to be above the age of 25 years to apply for a home loan.
  • You will also need to meet the bank’s minimum monthly income requirement; this can differ between UAE expats and non-residents. Additionally, this minimum income requirement must be met post tax deductions. For example, ADCB requires non-residents to have a monthly income of at least AED 25,000 (post-tax) to qualify for their mortgages.
  • Some banks also have a list of property developers and projects that are approved for mortgage financing. You must make sure that your property falls under this approved list before applying for a mortgage.


You will be required to submit proof of identity and bank statements when applying for a non-residence mortgage loan in the UAE

When applying for mortgage loans for non-residents, you will need to submit certain documents. Remember, there may be additional documents required based on the property you’re purchasing as well as the terms of the transaction.

However, in general, non-resident applicants will have to submit the following documents for home loans in Dubai:

  • Valid passport (as proof of identity)
  • Bank statements (for the last 3 to 6 months; as proof of funds)

You may be asked to produce additional documents to get a home loan for non-residents in Dubai, such as:

  • Tax returns (if applicable)
  • Salary certificates or pay slips (if you are a salaried individual)
  • Trade license and audited financial statements (if you are self-employed)
  • Details of any existing loans


  • Maximum Loan Amount: This will differ based on the bank as well as your financial circumstances. For instance, while Mashreq finances up to AED 10 million, ADCB is willing to finance up to AED 24 million.
  • LTV ratios: According to the UAE Mortgage Law, non-UAE nationals are required to put up at least 20% of the property purchase price as a down payment (for first-time buyers), if the property is worth up to AED 5 million. For properties above AED 5 million, the minimum down payment required from non-UAE nationals is 30%. However, some banks in the UAE only finance up to 50% of the property value for non-resident applicants.
  • Interest Rates: Some banks in the UAE offer different interest rate options. Learn more about the benefits of flat vs. reduced interest rates for further clarity. However, you can expect a slightly higher interest rate than that for ex-pat residents in Dubai.
  • Loan Tenure: While the maximum loan tenure for resident expatriates is 25 years, banks may approve a shorter tenure for non-resident investors, depending on their profiles. Additionally, banks may have a restriction that the age of the applicant must not exceed 65 years (salaried) or 70 years (self-employed) during the tenure of the loan.


Banks that offer home loans for non-UAE residents include:

  • Dubai Islamic Bank
  • HSBC
  • Abu Dhabi Islamic Bank
  • First Abu Dhabi Bank
  • Emirates Islamic Bank
  • Ajman Bank
  • Standard Chartered
  • Abu Dhabi Commercial Bank

Please note that these banks have specific eligibility criteria that applicants have to meet to qualify for a mortgage in Dubai for non-residents.


Most frequent questions and answers

Yes, both expatriate residents and non-resident investors can obtain a mortgage to finance their property purchases in Dubai. However, the LTV ratios for foreign investors will differ from those for UAE nationals.

If you meet the eligibility criteria of the bank, getting a mortgage in Dubai can be a relatively straightforward process. Make sure to get a mortgage pre-approval before beginning your search for a property so you know your budget beforehand.

If you’re looking for ex-pat mortgages in Dubai, check out the ADCB Dream Home Solutions, which allows you to get instant and free pre-approval online.

It is possible to leave the UAE with outstanding mortgage debt. You will need to inform your bank, which will likely amend the terms and interest rate of your mortgage and convert it into a non-resident mortgage. In certain circumstances, the bank may ask you to settle the mortgage in full before leaving the UAE. You could choose to sell the property or refinance it through a different lender in such situations; however, you will be subject to an early settlement fee.

As you can see, overseas investors keen to buy property do have the option of obtaining a mortgage for non-residents in Dubai. If you’re debating whether to take out a mortgage, here’s our guide to buying a property with cash vs mortgage.

However, bear in mind that as a non-UAE or GCC national, you are bound by the UAE’s property ownership rules for foreigners. Foreign investors can buy property in designated freehold areas such as Dubai Marina, Downtown Dubai, and Palm Jumeirah. Read up on our guide to foreigners buying property in Dubai to get a better understanding of the benefits and types of properties you can purchase.

As an overseas investor, you can also employ the services of property management companies to find the right company to lease out your property, collect rent and provide regular performance updates.

The procedure to buy property can vary significantly between countries. It’s a good idea to familiarize yourself with the legal steps to buy property in Dubai to make the process easier!