Need a mortgage to buy property in Dubai? Your mortgage loan eligibility primarily depends on the bank's policies and your monthly and annual income. Some banks impose a cap on mortgages in Dubai, allowing you to borrow no more than 7 times your annual income (equivalent to 84 months), with total liability repayments not exceeding 50% of your monthly salary.
Other factors influencing mortgage affordability include age, nationality, employment type, and credit history. It is best to seek guidance from mortgage brokers in Dubai, as they can offer personalized advice tailored to your circumstances.