Q: Is this a good time to apply for a mortgage in the UAE?
A: It depends. Rates may rise or drop depending on economic shifts. But if you’ve found the right property and can afford the down payment, locking in a good rate now can save you more later.
Q: What’s the minimum I should put as a down payment?
A: Ideally 20%. The more you put upfront, the less you borrow — and the lower your risk.
Q: How do I choose between banks?
A: It’s not just about who offers the lowest rate. Look at flexibility, prepayment options, service quality, and overall cost.
Q: Can a mortgage broker really help me?
A: Yes. They give you access to multiple offers, help you understand complex terms, and guide you toward better financial decisions.
