Fidu Mortgages @ FIDU Properties | Real Estate Broker |

Expatriate buyers can apply for a mortgage in Dubai for a home they want to live in or purchase as an investment. There are two types of mortgages you can apply for - fixed-rate mortgages and variable-rate mortgages. The fixed-rate mortgage ensures the interest of the mortgage remains the same throughout the years of repayment - the rate offered can vary, so it is best to inquire about the different options that are available to you.

Variable-rate mortgages offer interest rates that vary throughout the years of repayment - this type of mortgage is a good idea if you think that rates are going to decline during the term of your mortgage.

Another critical fact is that the total cost of a mortgage you can apply for is legally confined. You cannot apply for a mortgage that is more than the amount you intend to earn in 7 years. When applying for your mortgage, it is essential to know that if you’re purchasing a home to live in, you’re seen as a lower risk. Thus the deposit to be paid is usually lower. However, different banks and agencies will offer different mortgages and have different requirements; thus, it is vital to inquire about all the details before committing.


The documentation you will require for a mortgage in Dubai will vary from bank to bank. You can be expected to procure:

  • Copies of Personal Identification - Passport, Emirates ID
  • Proof of Residence in Dubai - Visa copy
  • Proof of Address
  • Proof of Repayment - Bank statements, a letter from your employer.

Find out how much you could borrow

Please note this is not a quotation, the figures are subject to your credit status, earnings, and a valuation of the property you’re purchasing.

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