This calculator estimates your eligibility based on the average Stress Test Rate as used by banks - a rate usually set around 2% higher than the current mortgage rate. Banks use this rate only for eligibility calculation to ensure that you have the financial capacity to continue making your payments if interest rates go up during the life of the loan.
The Eligibility Calculator helps you estimate the maximum home finance amount you may qualify for, based on your income, liabilities, and residency status in the UAE.
Simply fill in your personal details, income, and monthly liabilities. The calculator uses the stress test rate to determine your maximum eligible loan amount.
This calculator focuses on eligibility. For monthly payment estimates, use our Mortgage Calculator tab above.
For UAE Nationals, the minimum down payment is typically 15% for the first property. For Expatriates, it is usually 20% for properties under AED 5 million and 30% for properties above AED 5 million.
We'll do all the legwork and guide you through the mortgage process from the moment you contact us, to the day you host a BBQ party in your new house!