Question 1

房贷是一个什么概念？

Accepted Answer

抵押贷款是银行提供的一种贷款，帮助您融资购买房产。您在设定的期限内（通常为20-25年）连本带息地偿还贷款。

Question 2

房贷利率是什么概念？

Accepted Answer

这是贷款金额上收取的利率。它决定了您的每月还款额和贷款的总成本。

Question 3

What information do I need to apply for a mortgage?

Accepted Answer

1 Your current situation
Whether you're a first-time buyer, moving to a new property or remortgaging your existing one

2 Your details
Your name, address, and whether you're making a single or joint application

3 Property details
Whether it's a new build, a house or an apartment

4 How much you need to borrow
Usually the value of the property you're buying, minus your deposit

5 How much you earn
Your salary, plus any extras like bonuses or overtime

Question 4

What are the basic requirements for a mortgage in the UAE?

Accepted Answer

To apply for a mortgage in the UAE, individuals typically need to provide proof of income, a valid Emirates ID, a passport copy, and bank statements. Some may also require a proof of down payment, which is usually a percentage of the property's value.

Question 5

Can expatriates/non-residents qualify for a mortgage in the UAE?

Accepted Answer

Yes, expatriates can qualify for mortgages in the UAE, but with specific requirements compared to nationals. This may include higher down payments, shorter loan terms, and thorough income verification processes.

Question 6

How long does it typically take to get approval on the mortgage process?

Accepted Answer

The approval process can take 5-6 working days for pre-approval and longer for final approval, depending on the bank and your situation.

Question 7

什么时候应该申请房贷预审批？

Accepted Answer

最理想的是在开始看房子之前，就做好银行房贷的预审批。这样的话你能更清晰的知道自己的预算范围，同时在跟房东还价时也更有优势。

Question 8

在考虑房贷申请时，我还需要注意什么？

Accepted Answer

比较不同银行的利率和条款。
了解相关费用和成本。
考虑您的长期财务稳定性和还款能力。
还要考虑额外的费用，如物业维护和未来可能的利率上涨。

Question 9

Islamic mortgage

Accepted Answer

Sharia-compliant property financing that complies with Sharia, or Islamic law. 
For more information. (https://www.guidanceresidential.com/resources/faith-based-financing/what-is-an-islamic-mortgage-and-how-does-it-work/)