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Monthly repayment
AED 3,749

* Estimated initial monthly payments based on a AED 1,000,000 purchase price with a 2.89% fixed interest rate.

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Frequently Asked Questions

This varies from bank to bank but normally banks will reply with initial observations and requests within 2 working days. Once additional documents have been provided, or additional questions have been addressed, the turnaround time to receive a pre-approval is usually between 5-7 working days.

For salaried applicants: ID documents, salary certificate, 6 months’ payslips, 6 months’ bank statements and details of existing liabilities.


For self-employed: ID documents, company documents (trade licence, incorporation documents, memorandum of association, shareholders certificate, company profile, etc), audited accounts and/or 12 months business bank statements, 6 months’ personal bank statements and details of existing liabilities.

  • For expat residents (first-time buyer): 20%

  • For UAE nationals (first-time buyer): 15%

  • For expat residents (second-time buyer): 40%

  • For UAE nationals (second-time buyer): 35%

There are exceptions to the rules though, some of the banks allow 2nd-time buyers, 20% and 15% deposits for expats and locals, respectively, if their existing mortgage is under 60% LTV.

Yes subject to individual client profiling as always. Maximum loan-to-value available for non-residents would be 60% funding with rates at this level starting from 3.89% for a 3-year fixed rate.

Rates differ greatly between bank to bank and will all depend on the customer’s individual profiling and whether they’re salaried or self-employed.

As a general rule of thumb, the limit is calculated at 7x the annual salary of the applicant but it also depends on the bank. If the customer already has loans, credit cards and existing liabilities, then this ultimately affects the maximum amount they can borrow.

Expert Mortgage Solutions Tailored to Your Needs

Navigating the complexities of securing a mortgage in Dubai can be daunting. At Limeswood Real Estate, we offer professional mortgage advisory services designed to simplify the process and help you secure the best financing options available. Whether you’re a first-time homebuyer, an investor, or looking to refinance your existing mortgage, our team of expert advisors is here to guide you every step of the way.

Why Choose Our Mortgage Advisory Services?

  1. Personalized Mortgage Solutions
    We understand that every client has unique financial circumstances and goals. Our mortgage advisors work closely with you to understand your needs and tailor mortgage solutions that best fit your situation. We help you identify the most suitable mortgage products, whether fixed-rate, variable-rate, or hybrid, ensuring that you make the right choice for your future.

  2. Access to Competitive Rates
    Benefit from our extensive network of banking partners and financial institutions. We negotiate on your behalf to secure the most competitive interest rates and favorable terms, making your mortgage more affordable and manageable in the long term.

  3. Comprehensive Financial Assessment
    Our advisors conduct a thorough assessment of your financial profile, including income, expenses, and credit history, to determine your borrowing capacity. This ensures that you receive accurate advice and realistic expectations, avoiding potential pitfalls during the mortgage approval process.

  4. Legal and Regulatory Guidance
    The mortgage process in Dubai involves several legal and regulatory requirements. We provide expert guidance to ensure that all legal aspects are handled efficiently, from documentation to compliance with UAE property laws. This reduces the risk of delays or complications during the mortgage approval process.

  5. Ongoing Support and Advice
    Our commitment to your financial success doesn’t end once your mortgage is approved. We offer ongoing support, advising you on ways to optimize your mortgage over time, including refinancing options, interest rate reviews, and repayment strategies.

Our Process

1. Initial Consultation

We start with an in-depth consultation to understand your financial goals and mortgage needs.

2. Financial Review

We conduct a detailed review of your finances to assess your eligibility and borrowing power.

3. Mortgage Options

Based on your profile, we present a range of mortgage products that align with your requirements.

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4. Application Assistance

Our advisors assist you with the mortgage application process, ensuring all paperwork is completed accurately and on time.

6. Approval and Beyond

Once approved, we continue to offer advice and support, helping you manage your mortgage effectively.

7. Handover

We will work with you till you have the keys to your dream home.

Get In Touch Now

We are here to help you 7 days a week and respond within 24 hours. Plus, you can find most answers to your questions right on FAQ page.

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Whether you’re buying your first home, an investment property, or refinancing, our advisors are here to help you make informed decisions that align with your financial goals.

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Secure Your Future with Limeswood Real Estate

Securing a mortgage is a significant step in your property journey. With Limeswood Real Estate’s mortgage advisory services, you gain access to expert guidance and support, ensuring a smooth and stress-free experience. 

Partners of LimesWood

We work with more than 15+ different lenders to get you the best mortgage.