Three Reasons to Take Out a Mortgage in the UAE

Top Investment Opportunities in Dubai

In the second quarter of 2024 alone, 8,989 mortgage transactions were completed in Dubai. The value of these mortgage transactions increased by 34.8% compared to the previous year, highlighting the growing demand for real estate investments in Dubai and mortgages in the UAE.

The popularity of mortgages in the UAE continues to rise. Here are three key reasons to take out a mortgage for an apartment in Dubai real estate:

▪️ Enter a Property Project with Minimal Investment
In the UAE, you can enter the real estate market with just a 20% down payment. Additionally, the interest rates for mortgages in Dubai are competitive, ranging from 3-6% (depending on the bank). The UAE mortgage market offers some of the most attractive terms globally, making it an excellent choice for international investors looking for affordable mortgage rates.

▪️ Earn Passive Income Through Rental Properties in Dubai
By purchasing an apartment with a mortgage, you can cover your mortgage payments and generate additional income from rental properties. A prime example is an apartment in the Business Bay area for $340,300. The monthly mortgage payment would be around $1,400, while you could earn up to $18,000 annually in rental income. Investing in rental properties in Dubai provides an excellent opportunity for steady cash flow.

▪️ Obtain a Residence Permit or Golden Visa
When you buy real estate valued at $205,000 or more, you can apply for a residence visa for the UAE. This visa allows you to live in the UAE for up to two years. Moreover, by investing in properties worth $550,000 or more, you can qualify for the highly coveted Golden Visa, which grants you long-term residency for 10 years. The UAE offers a unique pathway to residency through real estate investments, making it an attractive option for international buyers.

Want to Learn More or Calculate a Mortgage for a Specific Property?

Contact us today, and we will guide you through the mortgage process, helping you find the perfect property in Dubai. Whether you’re looking for investment opportunities or dream homes, we can help you navigate the Dubai real estate market and secure favorable mortgage terms.

Invest in Dubai real estate — a highly profitable and secure investment opportunity for the future.