{"id":63108,"date":"2023-06-14T17:00:00","date_gmt":"2023-06-14T13:00:00","guid":{"rendered":"https:\/\/www.propertyfinder.ae\/blog\/?p=63108"},"modified":"2026-03-27T15:33:16","modified_gmt":"2026-03-27T11:33:16","slug":"dubai-mortgage-how-much-can-i-borrow","status":"publish","type":"post","link":"https:\/\/www.propertyfinder.ae\/blog\/dubai-mortgage-how-much-can-i-borrow\/","title":{"rendered":"How Much Can I Borrow? – Mortgage in Dubai"},"content":{"rendered":"
<\/div>

Are you considering buying real estate in Dubai and wondering, “How much can I borrow with a mortgage?” <\/p>

We interviewed one of Mortgage Finder’s expert mortgage consultants, Brendan Kennelly to help you fully understand your borrowing capacity when you’re getting a mortgage<\/a>.<\/p>

In this article, Brendan will be breaking down the various elements of home loans in the UAE and the different factors that influence the amount you can borrow.<\/p>

    \n
  1. Factors That Impact How Much I Can Borrow for a Mortgage in Dubai<\/strong><\/a><\/li>\n\n\n\n
  2. How to Calculate How Much I Can Borrow Accurately?<\/strong><\/a><\/li>\n\n\n\n
  3. Loan-to-Value Ratio in Mortgages<\/strong><\/a><\/li>\n\n\n\n
  4. Best Ratio Between Salary and Monthly Mortgage Payment<\/strong><\/a><\/li>\n\n\n\n
  5. Maximum Loan Term in the UAE<\/strong><\/a><\/li>\n\n\n\n
  6. What Is the Correlation Between the Property Valuation and the Loan Amount?<\/strong><\/a><\/li>\n\n\n\n
  7. What Is the Stress Test?<\/strong><\/a><\/li>\n\n\n\n
  8. FAQs<\/a><\/strong><\/li>\n<\/ol>
    \"dubai<\/figure>

    1. What Are the Factors That Impact How Much I Can Borrow for a Mortgage in Dubai?<\/strong><\/h2>

    According to the Central Bank of the UAE, the maximum mortgage you can get will be based on two main factors:<\/p>

      \n
    1. A mortgage can be no greater than 7<\/strong> times your annual income (i.e. 84 months<\/strong>)<\/li>\n\n\n\n
    2. Total liability repayments cannot exceed 50%<\/strong> of your salary. (Note: Liabilities include mortgage payments, car loans, personal loans, credit cards etc.)<\/li>\n<\/ol>
      <\/div>

      Click here<\/a> for a guide on how to get a mortgage in Dubai.<\/p>

      <\/div>

      2. How Can I Calculate How Much I Can Borrow Accurately?<\/strong><\/h2>

      The fastest way to calculate how much you can borrow is to try out this affordability calculator<\/a>. It takes into account your monthly income, debts, and how much you can pay upfront to tell you which properties you can afford. <\/p>

      Top tip:<\/em><\/strong> <\/span><\/p>

      Get help from an expert mortgage advisor<\/a> to get independent and impartial mortgage advice. They will explain the terms, conditions, and the fine print of all your mortgage options. <\/p>

      This will help you make an informed decision and know precisely what you’re signing up for without any surprises.<\/p>

      3. What Is the Loan-to-Value Ratio in Mortgages?<\/strong><\/h2>
      \"mortgage<\/figure>

      The loan-to-value ratio (LTV)<\/strong> in mortgages is a way to measure how much money you can borrow compared to the value of the property you want to buy. <\/p>

      Loan-to-Value Ratio= 100 x Loan Amount\/Property Value<\/p>

      Example:<\/em><\/strong><\/p>

      Let’s say a house is worth AED 2,000,000. <\/strong>The maximum LTV in the UAE is 80%, meaning you can borrow up to AED 1,600,000<\/strong>. This means the lender is willing to finance 80%<\/strong> of the property’s value, and the rest you will pay.<\/p>

      The higher the LTV, the more risk it poses for the lender. Because of this, if your LTV is high, the lender might have stricter loan terms. For the same reason, the LTV can vary based on the lender’s and borrower’s financial profile.  <\/p>

      Note that the LTV will usually not be impacted whether you are salaried or self-employed as a borrower. <\/p>

      Maximum Loan-to-Value Ratio in the UAE:<\/h3>

      The maximum LTV is 80% for Expats and 85% for Emiratis. <\/p>

      For off-plan<\/a> properties (still under construction), the LTV can be up to 50%<\/strong> of the unit’s value. However, it will depend on the stage of construction and the developer’s reputation. <\/p>

      <\/td>Emiratis<\/td>Expats<\/td>Off-plan Properties<\/td><\/tr>
      Maximum Loan-to-Value Ratio<\/td>85%<\/td>80%<\/td>50%<\/td><\/tr><\/tbody><\/table><\/figure>
      \"\"<\/figure>
      \n

      Top Tip:<\/em><\/span><\/strong><\/p>\n\n\n\n

      When buying a property in the UAE, there are various associated fees to consider, which include:<\/p>\n\n\n\n