Mortgages · McCone Properties
One broker. Every UAE bank. The right mortgage for you.
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Our bank panel
We compare every major UAE lender
One application, put to the banks that suit you, so you never queue at each of them yourself.
Rates this week
The lowest rates on the market
The rate a bank offers you depends on your income, your deposit and the property. A broker tells you which banks will offer what.
3-year fixed
3.99%
Fixed for three years, then the bank’s variable rate.
5-year fixed
4.19%
Fixed for five years, then the bank’s variable rate.
Variable
4.80%
Moves with EIBOR, the UAE’s interbank rate, from day one.
Lowest advertised rates, checked 31 Oct 2026.
As featured in
How much can I borrow?
Three answers, worked out on the UAE Central Bank’s lending rules.
You could buy a home up to
AED 1,500,000
A loan of AED 1,200,000
About AED 6,330 a month at 3.99% over 25 years
Your deposit sets the limit here, not your salary — your salary alone could carry a loan of AED 1,940,000. Assumes no other loans or cards.
19
banks compared
Conventional and Islamic finance, fixed and variable.
1
broker, start to finish
The same person from pre-approval through the valuation to the trustee office.
2013
in Dubai since
A family-run firm that has helped buyers in Dubai for over a decade.
Mortgage calculator
What will it cost each month?
Monthly repayment
AED 6,670
a month for 25 years at 4.5%
- Deposit
- AED 300,000
- Fees on the day4% DLD, 2.1% agency, registration, valuation, arrangement
- AED 115,320
- Cash you need
- AED 415,320
Lenders will look for an income of about AED 13,340 a month.
Illustrative. Most loans fix for one to five years, then move to a margin over EIBOR; the rate you are offered depends on the lender and the day. The Central Bank’s minimum deposit for an expatriate’s first home is 20% under AED 5m and 30% above (UAE nationals 15% and 25%; a second home 35%; off-plan 50%). Terms run to 25 years and must be repaid by 65 (70 if self-employed). The income figure is the 50% debt-burden rule on this repayment alone, before other loans or cards. Life and buildings insurance are on top.
How we help
Whatever stage you are at
Living in the UAE
Buying a home
Expatriates borrow up to 80% on a first home under AED 5 million, UAE nationals up to 85%.
Get pre-approved
Living abroad
Non-resident mortgages
Several banks lend to buyers with no UAE visa, usually up to 60% of the price, with income proven from home.
Speak to a broker
Already have a mortgage
Fixed rate ending
When your fixed years run out, your rate jumps. We move the loan to a bank with a better deal. Leaving early costs at most 1% of the balance or AED 10,000, whichever is lower.
Check my rate
Own your home
Equity release
If your home has gone up in value, borrow against what you have gained to fund your next purchase.
Find out moreThe process
From first call to keys
Step 1
Talk to a broker
A short call about your income, your deposit and the home you want.
Step 2
We compare the banks
We match you to the lenders that fit and put one application to each.
Step 3
Pre-approval
A letter saying how much the bank will lend, usually within a few working days.
Step 4
Valuation to transfer
We chase the valuation and the final offer, and meet you at the trustee office.
Buying through McCone? It’s one team.
Your property agent and your mortgage broker sit in the same office, so the offer, the valuation and the transfer date are planned together.
Questions
What buyers ask us first
Short answers to the questions we hear most. Your own numbers are one call away.
Who can get a mortgage in the UAE?
Salaried and self-employed residents, UAE nationals and many buyers who live abroad. Banks look at your income, your other debts and your age when the loan ends — usually 65 if you are salaried and 70 if you are self-employed.
How much deposit do I need?
For an expatriate’s first home under AED 5 million, 20% of the price; above AED 5 million, 30%; a second home, 40%. UAE nationals put down five points less. Budget about 4.25% more for the Land Department’s transfer and mortgage registration fees.
Can I get a mortgage if I live abroad?
Yes. Several UAE banks lend to non-residents, usually up to 60% of the price, with your income proven from your home country.
What happens when my fixed rate ends?
The loan moves to a variable rate — three-month EIBOR plus the bank’s margin — which is usually higher. You can move to another bank, and the early settlement fee is capped at 1% of the balance or AED 10,000, whichever is lower.
How long does it take?
A pre-approval usually takes a few working days once the bank has your documents. From an accepted offer to transfer day is commonly four to six weeks, most of it the valuation and the bank’s final offer.
Your brokers
Real people you can talk to
Chloe James
Senior Mortgage Advisor
Margaux Shipley
Mortgage Advisor
Talk it through with a broker
Chloe or Margaux will call you back for a short chat about your income, your deposit and the home you want, then compare the banks for you.