Smarter mortgages, tailored for you.

UAE Resident Status

Property Value

AED

140,000 20,000,000

Down Payment

AED15.00%

375,000(15%) 2,000,000

Loan Amount

85.00%

500,000 2,125,000

Loan Duration

Years

1 year25 years

Interest rate

1%10%

11,500

Down Payment 375,000

Total purchase costs

148,680

Land department fee

4% of purchase price + 580 admin fee.

100,580

Registration trustee fee

If the mortgage is less than 500k the registration trustee fee is 2K + 5% VAT. For purchase above 500k, the fee is 4k + 5% VAT.

4,200

Mortgage registration fee

Government of 0.25% of the principal amount.

5,313

Property management company fee

Typically 0.5% of the property value + 5% VAT

13,125

Bank arrangement fee

Between 0.5% to 1% of the loan amount + 5% VAT.

22,313

Mortgage valuation fee

Fixed fee charged by bank.

3,150

Upfront required amount 523,680

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