Licensed mortgage broker in Dubai
Own the view. We'll arrange the mortgage.
Offers from 20+ UAE banks in one application, arranged by former bankers. We compare them on what you will really pay and stay with you until the keys are in your hand.
Minimum 20% for a first home
Example rate
Up to 25
Basic salary plus fixed allowances. Add a partner's income if you are applying together.
Car, personal loans
The limit, not the balance
Estimated monthly payment
AED 0/month
loan. total interest over the term.
Banks could lend you about
AED 0
Estimate only. Your actual rate depends on the bank, your profile and how much you borrow.
We place mortgages withEmirates NBD, First Abu Dhabi Bank, Abu Dhabi Commercial Bank, Dubai Islamic Bank, Mashreq, Emirates Islamic, Abu Dhabi Islamic Bank, RAKBANK, Commercial Bank of Dubai, HSBC, Standard Chartered, Ajman Bank and other UAE lenders.
Mortgages
A mortgage for the property you have in mind
Each bank has its own appetite for each of these. Pick yours to see the limits, the documents and what we would do first.
Financing on a first home: Up to 80%Home purchase mortgageFor residents buying a ready apartment, townhouse or villa.Explore
Typical financing: 50% to 60%Non-resident mortgageFor buyers who live and earn outside the UAE.Explore
Early settlement fee: 1%, max AED 10,000Refinance and balance transferExplore
Based on: Today's bank valuationEquity releaseExplore
Financing while building: Up to 50%Off-plan and under-construction mortgageExplore
Financing on a first home: Up to 80%Developer payment and handover financeExplore
Typical financing: 50% to 60%Commercial property mortgageExplore
Financing on a first home: Up to 85%Mortgages for UAE and GCC nationalsExplore
Suited to: 2 or more propertiesPortfolio consolidationExplore
Financing on a first home: Up to 80% (85% nationals)Islamic home financeExplore
Markets: Selected countriesInternational property financeExplore
Who we are
We used to sit on the other side of the desk
Sky Kite is run by former bankers with more than 15 years of experience in UAE lending.
We know how credit teams read an application, which banks are comfortable with self-employed income this quarter, and which ones have the building you like on their approved list. That knowledge is the difference between an approval and a polite no.
Licensed by the Dubai Department of Economy and Tourism (formerly DED) and registered with RERA.
More about usHow it works
From first call to keys in about a month
Timings are for a ready property with documents in order. Off-plan and non-resident cases take longer, and we tell you that up front.
- 01Day 1
A 15-minute call
Tell us your income, your plans and any property you have in mind. We tell you what is realistic and which banks are likely to say yes.
- 023 to 7 working days
Pre-approval
We prepare your file and send it to the banks that fit. You get written pre-approvals to shop with, usually valid for 60 to 90 days.
- 031 to 2 weeks
Valuation and final offer
Once you agree a price, the bank values the property and issues the offer letter. We go through the fees, rate and insurance with you before you sign.
- 04Transfer day
Keys
We coordinate your bank, the seller (and their bank, if they have a mortgage) and the trustee office so the transfer happens on the agreed date.
- Start with step oneSee the documents you will need
Buying costs
The cash you need is more than the deposit
On a AED 1,800,000 apartment with an 80% mortgage, the deposit is AED 360,000. The fees add another AED 137,790. Most first-time buyers we speak to have not budgeted for the second number.
The 4% Land Department fee is the largest part. Agent commission is next. Bank fees vary, and some banks waive the arrangement fee, which is one of the things we negotiate.
Work out your own costs
| Cost | Amount |
|---|---|
| Deposit | AED 360,000 |
| DLD transfer fee | AED 72,000 |
| Title deed fee | AED 580 |
| Trustee office fee | AED 4,200 |
| Developer NOC | AED 1,050 |
| Agent commission | AED 37,800 |
| Mortgage registration | AED 3,890 |
| Bank arrangement fee | AED 15,120 |
| Property valuation | AED 3,150 |
| Cash needed at transfer | AED 497,790 |
Why a broker
Going to your bank, or going through us
Your own bank may well give you a good offer. The trouble is you have nothing to compare it with, and if it says no, you have lost time and left a mark on your credit report.
| Your bank directly | Sky Kite | |
|---|---|---|
| Banks you hear from | One | 20+ |
| When you find out if you qualify | After you apply | Before your file goes to any bank |
| Islamic and conventional | Whatever that bank offers | Both, side by side |
| Who chases documents and approvals | You | We do |
| Effect on your credit report | An enquiry per bank you try | Only the bank you choose |
Guides
Read before you apply
Short guides on the rules, the costs and the paperwork, written by the people who handle it every day.
UAE mortgage rules for expats: what banks can lendLoan-to-value caps, the 50% debt burden limit, age limits and minimum salary for expat mortgages in the UAE, with worked examples from a Dubai broker.Read the guide
Cost of buying property in Dubai: fees on top of the priceWhat you pay on top of the deposit when you buy property in Dubai, from the 4% DLD fee to bank charges and agent commission, with a worked AED example.Read the guide
Mortgage documents checklist for UAE home buyersThe documents UAE banks ask for on a mortgage application, for salaried, self-employed and non-resident buyers, plus the property papers needed later.Read the guide
How long does a mortgage take in the UAE?
For a ready property, about 3 to 6 weeks from the first call to transfer if your documents are in order. Pre-approval on its own usually takes 3 to 7 working days.
How much deposit do I need?
Expats need at least 20% for a first home up to AED 5 million, 30% above that and 40% for a second property. UAE nationals need 15%, 25% and 35%. Off-plan property needs 50%, and non-residents usually 40% to 50%. Add about 7% of the price for fees.
What is the minimum salary for a mortgage?
Most banks want about AED 15,000 a month. A few accept less for some products. Your existing loans and credit card limits matter as much as your salary, because repayments cannot go above 50% of your income.
Can I get a mortgage if I am self-employed?
Yes. Banks usually want your company trading for at least 2 years, with audited accounts and 6 to 12 months of personal and company bank statements. Some banks are much easier on business owners than others, which is where a broker helps most.
Will talking to you affect my credit score?
No. Our eligibility check uses the figures you give us. A bank only checks your AECB credit report when you formally apply, and we only send your file to banks after you agree.
Talk to us
Get a straight answer on what you can borrow
Leave your number and one of our brokers will call you back. The first conversation is free and there is nothing to sign at this stage.