Villas by the sea for Sale in Dubai

Yes, banks in Dubai offer mortgage loans with different rates and terms. They provide financing for both ready-to-occupy properties and those under construction. Foreign citizens are also eligible for international mortgages on real estate. To qualify for a mortgage, borrowers must:

•  hold citizenship from a bank-approved country,
•  have a stable income source,
• pay a down payment, typically 20% of the property’s value,
• meet the bank’s minimum monthly income requirement, which may vary for UAE expats and non-residents.

You must also be 21 to 65 years old (if employed), while self-employed individuals can obtain mortgages until the age of 70.