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Mortgage UAE: Insights from a Rapidly Growing
Market in 2024

The property loan market in the UAE is evolving rapidly, creating
unparalleled opportunities for property buyers

Statistics mortgage

While mortgage in Dubai currently accounts for a smaller share of transactions compared to developed markets, the demand is rising. In 2022, mortgage in the UAE transactions represented 16.7% of 160,000 real estate deals, up from 10.5% in 2020. By the end of 2024, this share is projected to approach 20%, offering massive growth potential.

In comparison, over 90% of real estate transactions in the UK and US are financed through loan. This stark difference positions the UAE as an attractive market for those looking to capitalize on emerging opportunities in the mortgage segment.

Why Choose a Mortgage Dubai Right Now?

One of the most compelling reasons to consider a mortgage Dubai is the cheapest mortgage interest rates globally. As of 2024, fixed-rate mortgage interest rates in Dubai range between 3.78% and 3.98%, making property ownership more accessible.

For properties valued at up to $1,000,000, rental income often surpasses monthly  loan payments, especially for loans spread over a 25-year term. With fixed-rate interest-only mortgages in Dubai remaining competitive, this structure becomes even more advantageous. Additionally, the current interest rate for a 30 year mortgage in Dubai is among the lowest globally, offering unmatched affordability. For those considering financing options, conducting a mortgage comparison in the UAE and Dubai  is essential to secure the most favorable terms. This makes buying property in Dubai both affordable and highly profitable for investors seeking long-term gains.

Understanding Buyer Profiles: Who Are Mortgages in the UAE Designed For?

The mortgage loan in the UAE market attracts a diverse group of buyers, including:

Entrepreneurs

The UAE’s zero-tax policies and dynamic business climate make it an ideal location for entrepreneurs looking to diversify their portfolios with mortgage properties in Dubai. By leveraging loan financing, they secure property and grow wealth in a tax-friendly environment.

Families

Families relocating to Dubai benefit from world-class schools, a high standard of living, and a safe environment. A mortgage loan in Dubai provides financial flexibility, allowing families to transition from renting to owning their homes.

Investors

Investors are drawn by the UAE’s average property price growth of 15% annually. Financing options like mortgage loans in the UAE at rates as low as 3.98% enable them to capitalize on the appreciating market while minimizing upfront costs.

What is the exclusivity of Dubai real estate loans?

Dubai’s loans in the real estate ecosystem is supported by cutting-edge platforms like Behomes, which simplify the mortgage comparison in the UAE and Dubai process. Behomes provides brokers with unparalleled access to market insights, enabling them to offer competitive solutions to clients.

What are the advantages of working with Behomes?

Dubai’s loans in the real estate ecosystem is supported by cutting-edge platforms like Behomes, which simplify the mortgage comparison in the UAE and Dubai process. Behomes provides brokers with unparalleled access to market insights, enabling them to offer competitive solutions to clients.

How to Secure Step by Step Mortgages in Dubai

Embarking on your mortgage in the UAE journey involves a few essential steps

Determine Your Eligibility

Use a mortgage automation tool or consult experts to calculate your borrowing capacity based on income and existing commitments.

Compare Mortgage Options

Explore products like fixed-rate interest-only mortgages, 15 year mortgage interest rates, or 10 year mortgage interest rates plans to find the best fit for your needs.

Submit Your Application

Gather necessary documents, including proof of income and property details, and work with trusted mortgage partners to finalize your deal.

Investing in Dubai Real Estate:
A Smart Move

For those wondering how profitable mortgage loans are in Dubai, the answer is this is one of the most favorable options

Investing in Dubai Real Estate: A Smart Move

For those wondering how profitable mortgage loans are in Dubai, the answer is this is one of the most favorable options

The combination of low interest rates, high rental yields, and market growth creates a winning formula for investors.


Whether you’re buying your first home or expanding your portfolio with an investment property with a mortgage , the Dubai real estate sector offers exciting opportunities for growth.

Equity Release and Refinancing: Unlocking Financial Flexibility

Dubai also provides innovative tools like equity release mortgages to help property owners access the value of their assets.

What is refinancing a loan?

Refinancing involves replacing your current loan with a better one, often with lower rates or improved terms.

What is a cash-out mortgage?

It allows homeowners to access equity in their property as cash for reinvestment or personal use.

Why Now is the Time to Act

With historically cheapest mortgage interest rates, a growing economy, and world-class infrastructure, Dubai is a prime location for real estate investment. Whether you’re looking to buy property in Dubai mortgage or invest in a second home, the time to act is now.

Leverage platforms like Behomes to find the best mortgage Dubai tailored to your needs.

Let’s make your property goals a reality in 2024!

Thanks for reaching out

CRM for Mortgage: Revolutionizing Real Estate Transactions

In the ever-evolving world of real estate, specialized CRM systems are gaining immense popularity. Among these, mortgage CRM software stands out as a critical tool for brokers and agents working in the property financing sector. At Behomes, we’ve developed a platform tailored specifically for brokers, combining real estate management with cutting-edge mortgage tools.

As certified financial specialists, Behomes offers a CRM that empowers brokers to not only manage listings and leads but also provide comprehensive financial solutions to their clients. With this tool, brokers can create professional presentations and expand their client’s purchasing capacity significantly.

For instance, if a client initially considers buying a property worth AED 500,000, our mortgage CRM software enables brokers to offer financing solutions for properties up to AED 2.5 million.

So your clients will be able to afford higher-end real estate and take advantage of the best mortgages in Dubai. Additionally, brokers can effectively use a mortgage sales funnel to guide clients from initial inquiry to closing the deal, ensuring higher conversion rates.

Key Benefits of CRM for Mortgage
with Behomes:

Comprehensive
Presentations

Create and share property proposals seamlessly.

Enhanced Financial
Leverage

Increase clients’ purchasing power with integrated tools.

Streamlined Mortgage
Sales Funnel

Track every stage of the client’s journey, from lead generation to loan finalization.

User-Friendly
Interface

A single platform to manage real estate listings, client relationships, and financing.

A well-structured mortgage sales funnel allows brokers to efficiently manage client interactions and identify opportunities to close deals faster. By incorporating this approach into our CRM, Behomes ensures that brokers can maximize their productivity and enhance their client experience

Click the link below to sign up for a free trial of our CRM system

and experience the advantages firsthand, including access to an optimized mortgage sales funnel that drives success

Mortgage compare tool: The Essential
Tool for Brokers

No mortgage process is complete without a reliable mortgage calculator. This tool is indispensable for accurately calculating payment plans and providing clients with transparent financial estimates.

Why do you need a mortgage comparison in the UAE and Dubai?

The first step in any real estate loan process is understanding the financial feasibility of a property. With mortgage interest rates in Dubai starting at 3.98%, clients can secure loans for terms ranging from 25 to 30 years. A mortgage calculator in the UAE helps brokers and clients:

Assess monthly payment estimates

Factor in interest rates and down payments

Plan payment schedules effectively

Key Features of a Mortgage Calculator:

Property Price

The total value of the property

Loan Duration

Specify the loan term (e.g., 20, 25, or 30 years)

Down Payment

Enter the percentage (e.g., 20%, 30%, or 50%)

Interest Rate

Input the bank's actual rate

Total Loan Amount

Calculate the principal loan amount

You instantly get an estimated monthly payment based on the specified parameters. This ensures clarity for clients and helps brokers present a well-structured financial plan and find the best bank for a mortgage loan with suitable financing options

Why Choose the Behomes Mortgage Calculator?

The Behomes mortgage calculator goes beyond basic functionality. It provides additional insights such as the minimum monthly salary requirement for loan eligibility. This feature helps brokers quickly determine whether their clients meet the financial criteria for securing a mortgage

Key Advantages:

Take advantage of this advanced tool to streamline your client interactions and close deals faster

Accurate Estimates

Reflects current market rates from banking partners

Salary Insights

Displays the required income level for mortgage approval

Broker-Only Access

Available exclusively for certified brokers in the UAE

Register now

to gain access to the Behomes mortgage CRM software and mortgage calculator, and elevate your real estate business today!

Get it for
free right now!

Most Popular Mortgage Cases in the UAE:
Optimized Financial Solutions for 2024

Explore the most popular mortgage cases in the UAE that cater to diverse client needs. From accessing instant liquidity to tailored solutions for expats, these options ensure flexibility and financial growth.

Mortgage Buy-Out (Cash-Out)

A buy-out loan in the UAE, often referred to as cash out, is a favored solution for homeowners seeking immediate liquidity.

What is a cash out mortgage, how Does It Work?

Unlock up to 80% of your property value today with a property evaluation.

Continue renting out the property to cover loan payments while marketing it for sale.

Sell the property when the right buyer is found, ensuring financial flexibility.

This solution is ideal for homeowners needing funds for reinvestment or managing property upgrades.

Key Benefits:

  • Immediate access to funds.
  • Rental income covers your loan payments.
  • Flexibility to sell the property at your pace.

Mortgage Refinancing (Equity Release)

What is refinancing a mortgage?

It’s the process of replacing your existing loan with one offering better terms. Such a refinancing plan, often called equity release for a second home, helps unlock your property’s value for financial goals.

Key Features:

Interest rates are adjusted every three years, saving significant amounts over time.

A 1% reduction in your interest rate could save up to 7% of your property value over 15 years.

Example:

On a $1,000,000 property, refinancing at lower rates can save $70,000.

Commercial Mortgages for Businesses

What is a commercial mortgage?

It’s a tailored solution for businesses looking to own their office or retail space instead of renting.

Key Features:

Loan terms up to 15 years.

Down payments starting from 30%.

Designed for companies with at least two years of stable market presence.

Businesses often rely on commercial finance support to navigate the complexities of securing these loans, ensuring they meet all necessary requirements. Additionally, working with professionals who have commercial finance broker qualifications can streamline the process and increase the chances of approval.

Key Benefits:

  • Long-term savings by transitioning from renting to ownership.
  • Added asset value for the business.

For those seeking competitive options, understanding commercial property finance rates is essential. These rates often vary based on market conditions but remain favorable for businesses with stable operations. Partnering with experts in commercial finance support ensures businesses find the most suitable financing solutions while leveraging the best available commercial property finance rates.

Post-Handover Plans

This option is perfect for buyers of off-plan properties, allowing them to spread payments over time, even after receiving the property.

Why Choose This?

Reduced upfront financial pressure.

Tailored payment plans for up to 3–5 years post-handover.

Ideal for investors and homeowners acquiring off-plan properties.

Sell Your Property with a Buy-Out Loan

Looking to sell but need liquidity now? A buy-out loan enables you to access up to 80% of your property value immediately.

How It Works:

Use the funds for renovations or other investments.

Market your property at its best value while enjoying financial flexibility.

This option is also suitable for those upgrading or managing multiple properties.

Expat Mortgages in Dubai

Designed specifically for non-residents. If you have no residency but want to buy property in Dubai with a mortgage, this is your option. This is how foreigners can buy investment property with a mortgage in the UAE seamlessly.

Key Features:

Flexible loan terms for non-residents.

Eligibility for residency visas through property ownership.

Whether you’re an investor or looking for a vacation home, non-resident expat mortgages in Dubai offer an excellent opportunity to secure prime real estate.

Join the Behomes platform today!

We offer you a unique tool that can elevate your work to a new level of quality: integration with all major platforms, automatic updates of all listings, and the ability to track every change to your properties.

for 7 days FREE

Download Our App for Any Devices:

Download the Behomes mobile app and start earning with partners today!

FAQ: Your Mortgage Questions Answered

Still have unanswered questions and need to get in touch?

This is a financial agreement in which a lender provides funds for purchasing property, and the property itself serves as collateral until the loan is repaid in full. This enables buyers to afford real estate without paying the full amount upfront, spreading payments over an agreed period. Behomes offers expert guidance to navigate the complexities of obtaining a mortgage in the UAE, ensuring clients find solutions tailored to their financial goals.

Yes, it is possible to have two mortgages on one property, primarily through equity release or refinancing. This means you can leverage the value of your property to secure additional funds without selling it. For instance, you could refinance your primary loan to access cash for renovations or investments. Behomes specializes in such scenarios, helping property owners maximize their assets while ensuring financial stability.

This option allows borrowers to pay only the interest on their loan for a specific period, typically 5 to 10 years. After this period, the borrower must either pay off the principal in full or transition to regular monthly payments that include both principal and interest. This type of loan is ideal for those looking to minimize initial payments, such as investors waiting for property values to appreciate. Behomes provides tools and guidance to determine whether an interest-only mortgage aligns with your financial strategy.

There are several types available in Dubai, including:

  • Fixed-Rate Mortgages: Stable payments over the loan term.
  • Variable-Rate Mortgages: Payments fluctuate based on market interest rates.
  • Interest-Only Mortgages: Lower payments initially, with the principal due later.
  • Post-Handover Payment Plans: Suitable for off-plan properties, allowing payments even after receiving the property.
 Behomes ensures that you find the right loan type by assessing your financial situation and property goals.

It involves collaboration between brokers, financial institutions, and property buyers to facilitate efficient loan approvals. Behomes acts as a trusted partner, connecting clients with leading banks to secure the best interest rates and terms. This partnership model ensures that buyers benefit from expert advice and streamlined processes.

In banking, a partner is an intermediary who helps clients access financial products, such as mortgages, under favorable terms. Behomes serves as a banking partner by leveraging its relationships with UAE banks to offer competitive rates and customized mortgage solutions, making the borrowing process hassle-free.

It depends on your specific needs, such as interest rates, loan terms, and eligibility requirements. Top banks in the UAE include Emirates NBD, ADCB, and Mashreq. Behomes partners with these banks to provide exclusive access to competitive rates and fast approvals, ensuring you get the best deal possible.

This is a loan specifically designed for purchasing property, where the property acts as collateral until the loan is fully repaid. Behomes simplifies the process by offering tailored mortgage solutions, ensuring you secure the best options for your real estate goals.

This term refers to the length of time agreed upon to repay the loan, typically ranging from 15 to 25 years in Dubai. A longer term usually results in lower monthly payments but higher total interest costs. Behomes helps clients select the most suitable term based on their financial capabilities and investment plans.

To get approved, you’ll need to meet income requirements, provide necessary documentation, and demonstrate creditworthiness. Behomes simplifies this process by guiding you step by step through mortgages and connecting you with trusted banking partners.

Yes, this is a common option in Dubai. Moreover, the current interest rate for a 30-year mortgage is one of the lowest globally. Behomes works with lenders to secure terms that suit your financial situation.

They use advanced CRM systems and mortgage tools to manage client interactions, calculate loan eligibility, and compare financing options. Behomes’ platform integrates real estate and mortgage tools, providing brokers with seamless access to market insights, client management, and financial calculations.

Fixed-rate mortgages are among the most popular in Dubai, offering stability and predictable payments over the loan term. Investors and homeowners often choose this option to minimize risks associated with fluctuating interest rates. Behomes provides access to fixed-rate products, as well as other customized solutions to meet diverse client needs.

This is a financial offering with specific terms, such as interest rate type, loan duration, and repayment structure. Common examples include fixed-rate and variable-rate mortgages. Behomes ensures clients understand their options and select products aligned with their financial goals.

This is a secured loan product specifically designed for real estate purchases. The loan amount is secured by the property itself, offering lenders protection and borrowers a manageable payment structure. Behomes makes the process transparent and efficient, ensuring clients are well-informed about their financial commitments.

While both involve borrowing money, a mortgage is specifically tied to real estate and uses the property as collateral. Other loans, such as personal or business loans, may not require collateral. Behomes specializes in mortgage financing, helping clients navigate the unique aspects of property loans.

In the UAE the minimum deposit  is 20% for residents and 25% for non-residents. Behomes helps clients calculate their deposit requirements and secure the necessary financing to complete their property purchases.

Yes, residents and non-residentscan do it with their properties in the UAE. Behomes assists in this process, ensuring you meet all legal and financial requirements for a successful application.

Yes, with low interest rates starting at 3.98% and high rental yields, buying with mortgage property in Dubai is an excellent investment. Whether for personal use or property investment, Behomes ensures you maximize the benefits of financing your real estate purchase.

Most banks require a minimum salary of AED 15,000 for loan eligibility. Behomes works closely with banks to ensure clients meet income criteria and secure the best mortgage available in Dubai.

Down payments typically start at 20% for residents and 25% for non-residents. We help you find the best bank for a mortgage loan with suitable financing options to cover the rest of your loan.

No, mortgages in Dubai are not interest-free. However, interest rates are among the lowest globally, starting at 3.78%. Most people typically take out loans with fixed-rate interest-only mortgages. Behomes ensures clients access the most competitive rates on the market.

The terms vary and depend on a number of factors. The 15-year and 10-year mortgage interest rates in Dubai are attractive to many people because they are among the most favorable.  Behomes helps clients select a term that aligns with their financial goals and repayment capacity.