Linda's Real Estate
Mortagages made simple
Expert guidance to secure the right home finance
Buying a home is one of life’s biggest steps, and securing the right mortgage shouldn’t add stress to that journey.
Through Lomond Financial Services, part of our trusted family of companies, Linda’s offers personalised mortgage support that helps you understand your options, access competitive finance, and move forward with confidence.
Whether you’re a first-time buyer, upgrading, or refinancing, Lomond provides tailored guidance from start to finish.
Mortgage in Dubai
How Lomond helps you
Getting a mortgage in Dubai can be overwhelming, from understanding eligibility and borrowing limits to comparing rates and navigating bank processes. Lomond’s mortgage specialists simplify the journey by:
With Lomond, the process feels simpler and significantly less stressful because you’re supported at every step
- Listening to your goals and prioritising what matters most to you
- Explaining options clearly so you can make informed decisions
- Accessing competitive finance offers through lender relationships
- Supporting pre-approval and application steps
- Coordinating documentation and timelines so you can buy with confidence
What you can expect
When you work with Lomond, the service typically includes:
Personalised finance planning
Understanding what you can afford and how different mortgage options fit your goals.Pre-approval support
Getting pre-approval early gives you a clearer budget and stronger position when making an offer.Market access & competitive options
Lomond leverages relationships with lenders to help you access a range of mortgage products and competitive terms.Document coordination & follow-through
From application to approval, Lomond manages the paperwork and communication with lenders, keeping you informed and confident throughout.
Enquire now
What you can expect
Book a mortgage appointment
Get in touch with us and tell us where you are in the process, whether you’re just starting to think about finance or ready to apply. We’ll make sure you’re connected with the right mortgage specialist with your situation fully understood from day one
Frequently asked questionsabout Mortgages
How much can I borrow for a mortgage in Dubai?+−
Your borrowing capacity depends on your income, existing financial commitments, employment status, and whether you are a UAE resident or non-resident. Most banks in the UAE assess affordability using a debt-to-income ratio, typically allowing total monthly debt obligations to fall within regulated limits. A mortgage advisor can help you understand your realistic budget before you begin property viewings.
What is the minimum down payment required in Dubai?+−
Down payment requirements depend on whether you are a resident or a non-resident and on the property's value.
For UAE residents:
* 20% minimum for properties under AED 5 million
* 30% minimum for properties above AED 5 million
For non-residents:
* Typically 30% or more, depending on the lender
Additional costs such as Dubai Land Department fees, valuation fees, and bank arrangement fees should also be factored into your budget.
What are the current mortgage rates in Dubai?+−
Mortgage rates in the UAE vary depending on the lender, market conditions, and whether you choose a fixed or variable rate. Rates are influenced by the EIBOR (Emirates Interbank Offered Rate) and central bank policy. A mortgage advisor can help compare available products and explain how rate structures may affect your repayments.
What is the difference between fixed and variable mortgage rates?+−
A fixed-rate mortgage offers stability, with the interest rate locked in for a set period (often 1–5 years). A variable-rate mortgage fluctuates based on market conditions and EIBOR changes.
Fixed rates offer predictability. Variable rates may offer flexibility and potential savings depending on market movement. Choosing the right structure depends on your financial comfort and long-term plans.
Do I need mortgage pre-approval before making an offer?+−
Pre-approval is strongly recommended. It confirms how much a bank is willing to lend you, strengthens your negotiating position, and speeds up the purchase process once your offer is accepted.
How long does mortgage approval take in Dubai?+−
Pre-approval can take a few working days once documents are submitted. Full mortgage approval typically takes 1–3 weeks, depending on the bank, valuation process, and documentation turnaround.
Can non-residents get a mortgage in Dubai?+−
Yes. Many UAE banks offer mortgages to non-residents, though terms and down payment requirements differ. Loan-to-value ratios are usually lower, and eligibility criteria can vary between lenders.
What documents are required for a mortgage application?+−
Required documents typically include:
* Passport and visa copy
* Emirates ID (for residents)
* Salary certificate or trade licence (for self-employed applicants)
* Bank statements
* Proof of address
* Credit report (if required by the lender)
Exact requirements depend on employment type and lender criteria.
Can I refinance my existing mortgage in Dubai?+−
Yes. Mortgage refinancing is common in the UAE and may help you secure a better rate, release equity, or adjust your repayment terms. Early settlement fees may apply, so it’s important to review the financial implications first.
Are there additional costs when taking a mortgage in Dubai?+−
Yes. In addition to your down payment, you should budget for:
* Dubai Land Department transfer fee (typically 4%)
* Bank arrangement fees
* Property valuation fee
* Mortgage registration fee
* Broker or advisory fees (if applicable)
Understanding the full cost upfront helps avoid surprises.
Is mortgage approval guaranteed?+−
No. Approval is subject to bank criteria, income assessment, credit checks, and property valuation. Working with a mortgage advisor helps present your application clearly and reduces delays
Is it better to use a mortgage advisor instead of going directly to a bank?+−
A mortgage advisor can compare multiple lenders, explain options clearly, and manage the paperwork on your behalf. This often saves time and can provide access to more competitive or suitable products than approaching a single bank independently.