Home Finance for Expatriates

Own your dream home today

Fast and easy processing

home loan

Free pre-approval

in only 10 minutes

Up to 80%

of property value

No salary transfer needed

& easy set-up

Home Finance for Residents

Discover the best range of house finance options guided by our mortgage experts. With our quick digital pre-approval, instantly find out how much finance you are qualified for.
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Home Finance for Non-Residents

Take advantage of our unique Non-Resident Home Finance which allows non-residents to purchase residential property in Dubai either for investment purposes or as a second home.
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Commercial Properties Finance

Mashreq's Commercial Property Finance offers you the flexibility of choosing completed properties such as shops, office spaces, warehouses and other business units
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Shari'ah Structure

Home Finance from Mashreq Al Islami is based on the concept of Ijara (lease based financing). Under the Ijara arrangement, Mashreq Al Islami will buy the property and lease it to you for your use. This is a lease contract wherein Mashreq Al Islami as the Lessor, willl lease the property to you as the Lessee, in return for rental payments for a specified term.
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Benefits

Generous finance amounts of up to AED 10Mn
Excellent tenure of up to 25 years
Competitive profit rates with up to 5 years fixed rate option
Finance completed properties in Dubai and Abu Dhabi for self use or investment purposes
Financing available for salaried as well as self employed clients
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Are you ready to apply?

Still got questions?

UAE Residents and non-resident expatriates
For salaried customers: Minimum: 21 years / Maximum: 65 years on maturity of finance For self-employed customers: Minimum: 21years/ Maximum: 70 years on maturity of finance
You can finance up to a maximum of AED 10 million for up to a maximum of 25 years. For commercial properties, financing is available for up to 15 years.
Your application will be evaluated on the following criteria: 1. Your income stream 2. Your employment history and stability 3. Your ability to handle current obligations as well as new ones 4. The value of the property being purchased or refinanced 5. Your assets to assess your ability to meet your down payment.  Terms & Conditions apply
Refinance allows you to liquidate the cash value of property, available to all residents
Yes, at Mashreq we deal with two types of transactions Full Payment: Where the first purchaser has made 100% payments to the developer and is selling the property to you. Here the payments would be made to the first purchaser. Part Payment: Where the first purchaser has only paid the down payment and the balance is yet to be made to the developer. Here, the down payment would need to be paid by you to the seller and the balance be made to the developer
Yes, both Takaful Life Insurance and Property Insurance are mandatory before disbursing the facility amount. It is mandatory that both the insurances should be availed from Salama Islamic Arab Insurance Co. (P.S.C.). Takaful Life Insurance: Life insurance is mandatory Salama Islamic Arab Insurance Co. (P.S.C.) (FOR T&C’s click here) Property Insurance: The Property Insurance premium is calculated on the cost of the property and is available only through Salama Islamic Arab Insurance Co. (P.S.C.). The amount of the insurance contribution / premium will be debited from your account prior to the final disbursal and each year thereafter.
For salaried employees:  Application form Passport copy with valid visa Salary Certificate addressed to Mashreq Al Islami Last six months original bank statements Liability letter from the bank addressed to Mashreq Al Islami Photocopy of Purchase Contract Photocopy of Down Payment receipts For self-employed Individuals:  Application form Passport copy with valid visa Last six months bank statements personal and company Liability letter from the bank addressed to Mashreq Al Islami Memorandum and articles of association Audited financial statements of last 2 years Board resolution copy Trade license copy Copy of Chamber of Commerce Registration Business profile on company letterhead Photocopy of Purchase Contract Photocopy of Down Payments
Yes, all co-owners of the property have to be co-borrowers.

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