غالباً ما يكون الحصول على رهن عقاري في الإمارات العربية المتحدة الخطوة الأولى للعديد من الأفراد الذين يتطلعون إلى امتلاك وشراء عقار، طالما لا توجد عقبات أو تحديات تتعلق بالشروط أو الإجراءات القانونية. However, the process of applying for and obtaining a mortgage can be complex and exhausting, especially if the borrower is not fully aware of the steps involved. In this article, we provide a comprehensive guide on mortgages in the UAE, including the necessary procedures, detailed information, and required conditions.
What is a Mortgage?
A mortgage is a sum of money provided by banks and financial institutions to individuals for the purpose of purchasing a property. The property itself serves as collateral for the repayment of the loan. Mortgages consist of the principal amount and interest, along with an initial down payment.
شروط الحصول على رهن عقاري في الإمارات العربية المتحدة
While conditions may vary from one bank to another, the general requirements include:
Sufficient Income: The borrower’s income must be sufficient according to the standards of the bank from which the mortgage is being sought, whether the borrower is employed with a fixed salary or is self-employed.
Age: Some banks have age limits for borrowers, which can differ between citizens and residents.
مدة الحصول على رهن عقاري في الإمارات العربية المتحدة
The time required to obtain a mortgage can range from two weeks to six weeks, depending on the bank or financial institution and the efficiency of document submission.
خطوات الحصول على رهن عقاري في الإمارات العربية المتحدة
1. Finding the Suitable Property
This could be an apartment, villa, or any other type of property.
2. Pre-Approval:
Obtaining a pre-approval from the bank, which is usually valid for 60 days.
3. Submitting Required Documents
للموظفين:
- Completed application form
- Proof of down payment
- Property reservation proof (if available)
- Bank statements for the last 6 months
- Copy of Emirates ID, residency visa, and passport
- Salary certificate addressed to the bank
- Salary transfer letter (if applicable)
لأصحاب الأعمال:
- Completed application form
- Proof of down payment
- Property reservation proof (if available)
- Personal and company bank statements for the last 6 months
- Audited financial statements for the last two years
- Copy of valid passport, Emirates ID, and residency visa
- Valid trade license, Articles of Association, Memorandum of Association, or shareholding certificates
4. Paying Mortgage Processing Fees
Fees typically range between 0.25% and 0.50% of the loan amount.
5. Personal Interaction with the Bank
The application will be reviewed, and a face-to-face meeting may be required.
6. Document Verification
The bank will verify the documents to ensure there is no fraud.
7. Reviewing Ownership Documents and Legal Inspection
The bank will examine the property documents to ensure it can be mortgaged as collateral.
8. Property Site Evaluation and Technical Inspection
An assessment will be conducted to determine the property’s value and condition.
9. Final Approval of the Application
The bank will issue a final offer letter if all conditions are met.
10. Determining Loan Details
The offer letter will outline the approved loan amount, repayment method, duration, and terms and conditions.
11. Signing the Mortgage Agreement
After verifying all documents, the mortgage deal will be finalized.
12. Disbursing the Mortgage
Upon completion of all procedures, the borrower will receive the loan amount.
أفضل البنوك للرهن العقاري في الإمارات العربية المتحدة
If you are interested in contacting banks that offer mortgage financing in the UAE to obtain a home loan or one of the mortgage financing products for long-term property ownership, we have compiled a list for you to choose the best mortgage bank that suits your needs:
By following this comprehensive guide, borrowers in the UAE can streamline the process of obtaining a mortgage and ensure they meet all necessary conditions and procedures to achieve their goal of property ownership.