Faqs
Frequently Asked Questions!
You might have a few questions for us. Here's a run down of some of the most common questions we get. If your question is not answered here, don't worry. When you make an application, you will be assigned a Holo expert to answer any questions you may have.
How much does a mortgage cost in UAE?
The cost of a mortgage in UAE will depend on the interest rate and the repayment period. The average Dubai mortgage interest rate is 2.99-5%. The repayment period is usually 25 years.
What is the minimum down payment required for a mortgage in UAE?
The minimum down payment required for a mortgage in Dubai is usually 20%. However, this can vary depending on the lender.
Is it difficult to get a mortgage in UAE?
No, it is not difficult to get a mortgage in the UAE. The process is very simple and straightforward. However, you will need to meet some criteria and provide some documents.
Is it worth buying a property in UAE?
Yes, it is worth buying a property in Dubai. The city has a lot to offer and there are many benefits to owning a property here.
Can a mortgage calculator determine my eligibility in UAE?
A mortgage calculator can estimate your monthly payments but does not determine eligibility. For a precise assessment, consult with a lender or mortgage advisor in Dubai.
What’s a mortgage pre-approval?
It's a letter from the bank saying they've approved your loan amount, but it's still subject to a property valuation. The pre-approval usually lasts for 60 days, giving you confidence that your loan will be ready once you choose a property and the final checks are done.
Why should I choose a bank through Finxpert Mortgage Solutions?
We make it easy by doing all the work for you. With access to the entire UAE mortgage market, we compare 100 products to find the best deal for you anytime, 24/7.
