How to Get a Mortgage in Dubai – Step-by-Step Guide (Perfect for First-Time Buyers or Expats)

 Dubai’s real estate market is booming, and with attractive property prices, tax-free rental yields, and a growing expat population, many residents are now choosing to buy rather than rent. However, navigating the mortgage process for the first time can feel overwhelming especially for expats. That’s where professional mortgage brokers in Dubai like Amplus Mortgage Consultant come in.

Whether you're a UAE resident or a foreign national, here's a step-by-step guide to help you secure a mortgage loan in Dubai smoothly and confidently.


Step 1: Assess Your Eligibility

The first step is understanding if you're eligible for a mortgage. Most banks in the UAE offer home loans to both residents and non-residents. Key requirements include:

  • Minimum monthly income (usually AED 15,000+)

  • Age between 21–65

  • Clean credit history

Working with expert mortgage advisors in Dubai like Amplus can help you evaluate your eligibility across multiple banks quickly.


Step 2: Calculate Your Budget

Before you start house hunting, use a mortgage calculator to estimate your monthly repayments, loan amount, and interest. This tool can help you set realistic expectations based on your income and expenses.

Amplus Mortgage Consultant offers free access to advanced mortgage calculators on their website to help buyers understand their financing options better.


Step 3: Compare Mortgage Rates in the UAE

Mortgage products vary in interest rates, tenure, and fixed vs. variable options. Currently, mortgage rates in UAE range from 3.99% to 5.5%, depending on the bank and applicant profile.

Instead of contacting every bank individually, let trusted mortgage consultants in Dubai like Amplus do the legwork. They compare multiple lenders and negotiate the best deal on your behalf saving you time and money.


Step 4: Get Pre-Approval

Pre-approval is a letter from the bank stating how much they are willing to lend you. It usually lasts 7- 10 Business days and is crucial when making property offers, as it shows sellers you’re a serious buyer.

Amplus guides you through the entire pre-approval process, ensuring all documents passport, visa, salary certificate, and bank statements are correctly submitted.


Step 5: Choose Your Property

Once pre-approved, you can confidently select a property within your budget. Whether you're buying a villa, apartment, or off-plan unit, make sure the property is approved by banks for financing.


Step 6: Final Mortgage Approval and Transfer

After signing the sales agreement (MOU), your mortgage file is sent for final approval. Upon approval, the bank disburses the loan amount and the property transfer takes place at the Dubai Land Department.

Amplus Mortgage Consultant handles everything from document follow-up to liaising with the bank and real estate agents


making the entire process stress-free.


Why Choose Amplus Mortgage Consultant?

With years of experience and a strong lender network, Amplus is one of the most trusted names among mortgage brokers in Dubai. Whether you're an expat or UAE resident, their team of seasoned mortgage advisors in Dubai ensures a transparent, affordable, and smooth loan process tailored to your needs.

Ready to own your dream home in Dubai?
 Contact Amplus Mortgage Consultant today and get expert guidance every step of the way.

✅ Free consultation | ✅ Best mortgage rates | ✅ Quick approvals

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