Mashreq
Home Loan for Non Residents

Minimum Salary Required AED 15000

Max Loan Amount AED 10,000,000

Fixed Rate

Reducing Rate 1.49%

Down Payment

Minimum Salary Required AED

Max Loan Amount AED 10,000,000

Fixed Rate

Reducing Rate 1.49%

Down Payment 50%

Top Reasons To Choose

Loan value upto 50% of the FMV of the property
Upto AED 10 million
25 years of tenor
Loan is offered to both salaried and self-employed

A home loan especially for non-residents. Take advantage of Mashreq’s unique non-resident Home Loan which allows non-residents to purchase residential property in Dubai either for investment purposes or as a second home.

Documents Required

For salaried employees

Application form
Passport copy
Salary Certificate addressed to Mashreqbank
Three months original bank statements
Liability letter from the bank addressed to Mashreqbank
Photocopy of Purchase Contract
Photocopy of Down Payment receipts

For self-employed Individuals

Application form
Passport copy
Three months bank statements personal and company
Liability letter from the bank addressed to Mashreqbank
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

Eligibility

Salaried :AED 15000 per month
Self employed

Detailed Features

Secure a Home loan of up to AED 10 million with Mashreq.
Loan is offered to both salaried and self-employed.
Low interest rate options to make your loan reasonable.
To a non UAE resident Mashreq finances up to 50% of the fair market value of the property.
The fair market value of a property is determined by a Mashreq approved Independent valuation agency
For home loans in UAE to a non-UAE Resident Mashreq finances up to AED 10 million.
Based on the financials Mashreq's home loan officer will assist you in determining your home loan eligibility.
For home loans in UAE to non-UAE residents the maximum loan tenor is 25 years.

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