RERA Mortgage & Finance in Dubai Real Estate

Question 1

What is the maximum LTV ratio permitted for a UAE national purchasing their first residential property valued at AED 3 million?

Accepted Answer

80%

Answer

UAE Central Bank regulations allow UAE nationals up to 80% LTV for a first residential property valued at AED 5 million or less.

Question 2

What is the maximum LTV ratio for a non-UAE national purchasing their first residential property in Dubai valued at AED 4 million?

Accepted Answer

75%

Answer

Non-UAE nationals are permitted a maximum LTV of 75% for first residential property purchases valued at AED 5 million or less under UAE Central Bank regulations.

Question 3

What is the Dubai Land Department (DLD) fee for registering a mortgage on a property?

Accepted Answer

0.25% of mortgage value + AED 290

Answer

The DLD charges 0.25% of the mortgage loan amount plus AED 290 in administrative fees for mortgage registration.

Question 4

Which authority issued the regulations governing maximum LTV ratios for residential property mortgages in the UAE?

Accepted Answer

UAE Central Bank

Answer

The UAE Central Bank issued the mortgage regulations that set LTV limits for residential property purchases across all UAE emirates.

Question 5

What is the maximum LTV for any buyer — regardless of nationality — purchasing a second residential property in Dubai?

Accepted Answer

60%

Answer

UAE Central Bank regulations cap LTV at 60% for all buyers, UAE nationals and expats alike, when purchasing a second residential property.

RERA Broker Practice Test

RERA Broker Practice Test

RERA Mortgage & Finance in Dubai Real Estate