How to get a mortgage in Dubai.

Submit your income documents, passport, and credit profile to a lender for initial assessment. Pre-approval confirms your borrowing capacity and budget range. It is valid for 45–60 days and strengthens your property offer.

Once pre-approved, select your villa and sign the Memorandum of Understanding (MOU). The bank then conducts an independent property valuation to ensure the asset meets loan criteria and is priced correctly.

Submit the signed MOU, property documents, and final income verification for formal approval. The lender issues a formal offer letter with terms, rate, and conditions. Review side-by-side with your broker.

Register the mortgage with the Dubai Land Department through a registered Trustee Office. Pay DLD fees (4% of property value), mortgage registration (0.25% of loan + AED 290), and trustee fees. Title transfer completes here.

The bank releases funds to the seller upon successful registration. You receive the title deed and keys. Your monthly repayments begin according to the agreed schedule. Your broker remains available for any post-completion queries.