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UAE mortgages for
non-residents

Buy properties in UAE from anywhere in the world

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Visas & taxes
Why UAE
Bank offers
Conditions
Documentation
Maximum instalment
Loan down payment
Process duration
Mortgage costs
Interest rates
Repayment rate
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INVESTOR VISA

Investor visas for
non-residents

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What?

A residence visa for non-residents
who invest in the UAE economy

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Why?

Stay in the UAE for 3, 5 or 10 years as a
resident (extendible)

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How?

Apply for the visa and invest a specific
amount of capital in the UAE economy

3 types of investor visas
Real Estate Option Capital Markets Option
3-year investor visa Invest AED 750k in UAE property Invest AED 70k in UAE listed shares
5-year investor visa Invest AED 2m in UAE property Invest AED 500k in a UAE business as capital
10-year investor visa Invest AED 10m in UAE property Invest AED 10m in a UAE investment fund or company
3-year investor visa
Real Estate Option Invest AED 750k in UAE property
Capital Markets Option Invest AED 70k in UAE listed shares
5-year investor visa
Real Estate Option Invest AED 2m in UAE property
Capital Markets Option Invest AED 500k in a UAE business as capital
10-year investor visa
Real Estate Option Invest AED 10m in UAE property
Capital Markets Option Invest AED 10m in a UAE investment fund or company

INVESTOR VISA

Tax benefits for non-residents

No income tax in the UAE
No income tax in the UAE

No social security tax for non-residents

  • GCC nationals pay 17.5%, UAE nationals pay 5% of income

45 tax-free zones for businesses in the UAE

No social security tax for non-residents

  • Around 4% of the property value usually split between the buyer and seller

No social security tax for non-residents

  • GCC nationals pay 17.5%, UAE nationals pay 5% of income

45 tax-free zones for businesses in the UAE

Property transfer tax

  • Around 4% of the property value usually split between the buyer and seller
No Stamp duty in the UAE

Value-Added Tax

  • GCC nationals pay 17.5%, UAE nationals pay 5%
    of income
  • Otherwise, 5% VAT is required on exchange of
    services and goods

Municipality / Rental tax

  • Dubai: 5% of annual rent for residential tenants,
    10% for commercial
  • Abu Dhabi: 3% of annual rent for expats and
    non-residents
No Stamp duty in the UAE
Image with the stamp
No Stamp duty in the UAE

Value-Added Tax

  • GCC nationals pay 17.5%, UAE nationals pay 5% of income
  • Otherwise, 5% VAT is required on exchange of services and goods

Municipality / Rental tax

  • Dubai: 5% of annual rent for residential tenants, 10% for commercial
  • Abu Dhabi: 3% of annual rent for expats and non-residents

RESIDENCY

UAE residency requirements

Sign up

Investor visa

Get a visa based on investment capital (3, 5 or 10 years -
renewable)

Real estate visa

Purchase a UAE property valued at AED 1 million or more

Employment visa

Employer dependent visa (1 or 2 years - renewable)

UAE golden visa*

Business owners, CEOs, field professionals, investors
(5 to 10 years - renewable)

Retirement visa

(5 years - renewable) Persons over the age of 55 who have one of the following:

  • AED 20,000 per month active income
  • AED 1 milion in savings
  • AED 2 milion in property investment

* Highly educated individuals and students may also acquire a 5-year golden visa

Why buy in Dubai?

Connecting continents

At the crossroads of Europe, Asia and Africa, UAE acts as a connecting link between the 3 continents and their multitudes of cultures

Welcoming and inclusive

Family friendly and inclusive of over 200 nationalities from all over the world, welcoming diversity and cooperation

High-standard living

Thriving communities with an international education system, world-class healthcare and public amenities

Efficient economy

Stable currency, no income taxes, and VAT-free residential properties for investors

Current bank interest rates in UAE

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Conditions for
pre-approval

Employment

  • Salaried employees - at least 6 months in their current job
  • Self-employed - running their business for
    at least 2 years

Credit history

  • Good credit history is necessary

Income

  • Minimum income considered by many banks starts from AED 15,000 (or AED 3,000,000 annual turnover for self-employed)
  • Maximum 50% of income dedicated to repayment

Employment sector

  • Some banks only offer loans to employees from well-established
    institutions or government departments

Down payment

  • Starting from 20%
    (15% with national Islamic funding options)

Loan term

  • Up to 25 years

Age range

  • Between 25 and 65 years old

Required documentation
for pre-approval

Personal documentation

Valid passport

Salaried employee:
  • Latest salary certificate (with length of employment and position)
  • Pay slips from the latest 3 months
  • Any additional bank statements from the last 6 months
  • Liability/Reference letter no more than 45 days old
  • Latest tax returns for the previous 2 years or Credit Report (if applicable)
Self-employed:
  • Valid Trade License copy
  • Copy of Chamber of Commerce Registration
  • Copy of Partnership Page in case of multiple partners
  • MOA (Memorandum of Association) including all amendments
  • Copy of Labor Contract
  • Audited financials from the last 2 years

Identical documentation for co-borrowers
(if applicable)

Property documentation

  • Quote or offer letter from the seller
  • Sale or purchase agreement
  • Title deed or site plan
  • Proof of down payment

Property documentation

  • Quote or offer letter from the seller
  • Sale or purchase agreement
  • Title deed or site plan
  • Copy of valid facility approval*

Maximum monthly instalment and loan amount

Monthly income Maximum monthly instalment Maximum mortgage loan amount
$3,500 $1,750 $525,000
$4,000 $2,000 $600,000
$5,000 $2,500 $750,000
$6,000 $3,000 $900,000
$7,000 $3,500 $1,050,000
$8,000 $4,000 $1,200,000
$9,000 $4,500 $1,350,000
$10,000 $5,000 $1,500,000

Mortgage loan down payment

Property type Property price Maximum LTV
(loan-to-value ratio)		 Minimum DownPayment Required
First property Under AED 5 million 50-80% 20-50%
First property Over AED 5 million 50-70% 30-50%
Any subsequent property Any price 50-60% 40-50%
Off-plan / under-construction property Any price 50% 50%

Mortgage
duration process

Typical process phase Estimated duration
Registration and loan inquiry at Kredium 5-10 minutes
Personalized offers from Kredium 30 minutes-1 hour
Mortgage application with a lender 1 day
Mortgage processing by a lender
• Salaried employees 7-10 days
• Self-employed 15-20 days
Mortgage closing with a lender 1 day

Costs of
mortgage approval

Costs Amounts in case of a AED 3,500,000 loan
Mandatory one-time costs in AED
Land department fee 175,580
Property registration fee 4,200
Mortgage registration fee 8,760
Valuation fee 3,675
Bank processing fee 36,750
Optional one-time costs in AED
Real estate agency or broker fee 91,875
Conveyancing fee* 8,000
Oqood fee** 175,000
Mandatory recurring costs in AED
Life insurance 392
Property insurance 191
Total 504,423
Without optional costs 229,548

* A paid legal professional to manage the purchase or sale, usually from AED 6,000 to AED 10,000

** A fee for off-plan mortgages, usually 4% of purchase price

Monthly instalments for a USD 500K mortage loan with different rates and terms

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Mortgage instalments
Interest rate 10 15 20 25
1.90% 32,048 22,362 17,541 14,665
2.20% 32,519 22,847 18,039 15,178
2.40% 32,836 23,173 18,377 15,526
2.60% 33,154 23,503 18,718 15,878
2.80% 33,474 23,835 19,062 16,236
3.00% 33,796 24,170 19,411 16,597
3.20% 34,120 24,508 19,763 16,964
3.40% 34,446 24,508 19,763 16,964
3.60% 34,774 25,193 20,479 17,710

Early mortgage repayment

1% fee (1.05% inclusive of VAT) on the outstanding loan amount

The fee is capped at AED 10,000 (AED 10,500 inclusive of VAT)

Some lenders allow early settlement up to 40% of the loan amount with no fee required

Some lenders don't charge a fee for early settlements up to 15% of the outstanding amount (limited to once per year)

Imagine you want to prepay your loan and fully close it in 5 years
Year 0 1 2 3 4
Outstanding amount 3,500,000 2,800,000 2,100,000 1,400,000 700,000
Prepayement 700,000 700,000 700,000 700,000 700,000
Fee 10,500 10,500 10,500 10,500 7,350
Imagine you want to prepay your loan and fully close it in 5 years
Year 0
Outstanding amount 3,500,000
Prepayement 700,000
Fee 10,500
Year 1
Outstanding amount 2,800,000
Prepayement 700,000
Fee 10,500
Year 2
Outstanding amount 2,100,000
Prepayement 700,000
Fee 10,500
Year 3
Outstanding amount 1,400,000
Prepayement 700,000
Fee 10,500
Year 4
Outstanding amount 700,000
Prepayement 700,000
Fee 7,350
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Deep expertise in investment properties

Our international mortgage and real estate brokers offer
expert advice and guidance to help you towards your next
investment in the UAE

Remote end-to-end support

Get personalized advice, book a property, apply for a
mortgage and realize your investment, all from the comfort
of your home or office. We are here for you from start to
finish.

Contact us

Value-added services

Our partners will help you with any legal requirements and documentation you may need in order to realize your goal (e.g. investment visa)

Sign up

Value-added services

Our partners will help you with any legal requirements and documentation you may need in order to realize your goal (e.g. investment visa)

Get Started

Rishi Dewani

Mortgage Adviser

+971 56 546 3279

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Vanja

Real Estate Adviser

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