Betterway Mortgages

Under current Central Bank of the UAE rules, expats can typically borrow up to 80% of the property value (loan-to-value) on a first home priced AED 5M or below, and UAE nationals up to 85%. A second or subsequent property is usually capped lower, around 60–65%, and off-plan purchases are typically limited to about 50%. Your advisor confirms what applies to your case.

Yes. Betterway Mortgages assists UAE residents and expats, working with major banks across the market to find a suitable home-loan product.

Betterway states it charges zero broker fees — the service is free to the client. Always confirm any costs directly with the advisor before proceeding.

UAE lenders apply a Debt Burden Ratio (DBR): total monthly debt repayments are generally capped at 50% of your monthly income, which affects how large a mortgage you can be approved for.

Typical costs include mortgage registration at the Dubai Land Department (0.25% of the loan amount plus a small admin fee), a property valuation fee (commonly around AED 2,500–3,500) and a bank arrangement fee (often around 1% of the loan). Lenders also generally require life and property insurance. Confirm current figures with your advisor and bank.

Mortgage pre-approvals in the UAE are typically valid for around 60 days, letting you shop for a property knowing your approved budget before committing.

Betterway maintains relationships with major UAE lenders — its panel includes banks such as HSBC, Emirates NBD, ADCB, Mashreq, FAB, RAKBANK, DIB and Commercial Bank of Dubai — so advisors can compare products rather than being tied to a single bank.