Mortgage calculator
Plan the numbers before the viewing.
Estimate your monthly payment and the cash you need on day one.
This calculator applies the UAE Central Bank’s mortgage limits for loan-to-value, tenor and debt burden, and adds the main purchase fees in Dubai or Abu Dhabi, so the figure you see is close to what a bank would actually allow.
The rules applied
Loan-to-value
First home, up to AED 5M: 80% for residents, 85% for UAE nationals. Above AED 5M: 70% and 75%. Second or investment homes: 60% and 65%. Off-plan: 50% for everyone. Non-resident lending is set by each bank and is typically around 50%.
Tenor and age
Maximum 25 years, and the loan must be repaid by age 65 if salaried or 70 if self-employed.
Debt burden
All monthly debt repayments, including the new mortgage, may not exceed 50% of gross monthly income.
Fees
Dubai: 4% DLD transfer fee plus admin, 0.25% mortgage registration, trustee fee. Abu Dhabi: 2% transfer fee and 0.1% mortgage registration. Plus bank arrangement (up to 1%), valuation and, where applicable, 2% agency fee. VAT at 5% where it applies.
Figures are indicative only and are not an offer of finance or financial advice. Final loan amounts, rates and fees are set by the lending bank and the relevant land department and may change. Renaissance Real Estate Brokers is not a mortgage lender; we can introduce you to licensed mortgage advisors.
Begin with a conversation
Tell us what matters to you.
Whether you are searching for a home, considering a sale or planning your next acquisition, begin with a private conversation. One advisor replies within a business day.