Specialist finance · 2 min read
Can Non-Residents Get a Mortgage in the UAE?
Yes, you can. Non-residents can buy freehold property in designated UAE areas and finance it with a mortgage, with a few differences from residents.
By Trevio ·
Lower loan-to-value
Non-residents are generally offered a lower LTV — typically up to around 60%, depending on the bank — so you'll need a larger deposit than a resident buyer.
What you'll need
- Passport copies.
- Proof of overseas income — payslips, tax returns or business accounts.
- Foreign bank statements.
- A credit report from your home country.
- Source-of-funds evidence for your deposit.
Not every bank lends
Only some UAE banks offer non-resident mortgages, each with its own rules on nationality, income currency and minimum property value. This is where an independent advisor saves time.
Currency matters
If your income is in another currency, exchange-rate movement affects both your deposit and your repayments. Plan your transfers carefully.
It can be done remotely
Much of the process can run digitally, though some steps — like signing — may need a visit or a power of attorney, depending on the bank.
FAQs
Can I buy anywhere in the UAE?
Foreign buyers can buy freehold in designated areas, so check the location is eligible.
Will I pay a higher rate?
Sometimes. Pricing varies widely by bank, so comparing lenders is worthwhile.
Can I switch to resident terms later?
If you become a resident, many banks allow refinancing onto resident terms.
Buying from abroad? Book a free consultation and we'll find the banks active in your situation.