Dubai Mortgage For Non Residents
Purchasing property as a non-resident in the UAE or GCC region comes with its own unique set of challenges and opportunities. At Probo Mortgage, we specialize in providing Dubai mortgage for non residents that are specifically designed for non-residents. Whether you’re looking to invest in a holiday home, a rental property, or a second residence, we make the process smooth and hassle-free.
Why Choose Probo Mortgage for Dubai Mortgage For Non Residents?
Competitive Interest Rates
We collaborate with leading financial institutions to provide the best mortgage rates for non-residents, helping you save on costs over the long term.
Flexible Repayment Terms
We offer a range of repayment options to suit your financial situation, whether you prefer short-term flexibility or long-term stability.
No Local Income Requirement
Non-residents can apply without having income based in the UAE. We assess your global income to make the process easier.
Expert Guidance
Our mortgage specialists have extensive experience in helping overseas buyers navigate local property laws and mortgage processes, ensuring a seamless experience.
Benefits of Dubai Mortgage For Non Residents
There are numerous advantages to securing a mortgage refinance UAE with Probo Mortgage:
- Investment Opportunities: The UAE and GCC real estate markets offer attractive investment opportunities for non-residents, with high potential for capital growth.
- Rental Income: With a non-resident mortgage, you can purchase property to generate rental income, making it a sound financial decision.
- Building International Wealth: Owning property in a high-growth market allows non-residents to diversify their portfolio and build wealth internationally.
- Currency Advantage: Depending on your home country, currency fluctuations can make buying property abroad a favorable investment.
Eligibility Criteria for Non-Resident Mortgages
We require documentation showing your income from your home country, such as salary slips, tax returns, or employment contracts.
A down payment of 20% to 35% of the property value is typically required, depending on the lender and the property.
A solid credit history from your home country helps in securing better mortgage rates and terms.
Most lenders require that the mortgage is repaid before you turn 65 or 70 years old, depending on the lender’s terms.
How the Non-Resident Mortgage Process Works
Consultation
Consultation
Pre-Approval
Pre-Approval
Property Search
Property Search
Document Submission
Document Submission
Approval and Offer
Approval and Offer
Finalization
Finalization
Contact Us Today
Ready to purchase your dream property in the UAE or GCC as a non-resident? Contact Probo Mortgage today to schedule a consultation with one of our specialists. We’ll guide you through every step of the process to help you secure the best mortgage for your needs.