Homebuyers in Dubai and across the UAE must provide a minimum deposit of 20% of the property's value when applying for a mortgage. This sizable upfront contribution demonstrates the buyer’s financial commitment and helps reduce the lender’s risk.

The typical minimum salary needed to be eligible for a home loan in the UAE is approximately AED 12,000.

If you are unable to meet your mortgage payments in Dubai, you may be classified as a defaulter, which carries serious consequences. Late payments can incur penalties and fees, damaging your credit score. Missing payments for more than 90 days could lead your account to be labeled a Non-Performing Asset (NPA), triggering bank recovery actions. In addition, you might face legal proceedings, including court cases, and possible travel restrictions.