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Trusted Mortgage Broker in Dubai for Residents and Non-Residents
Buying a home in Dubai is one of the biggest decisions you will make, and the home loan you choose will stay with you for 20 years or more. A small difference in the interest rate can mean tens of thousands of dirhams over the life of the loan. That is why it pays to have an expert on your side. Richman Mortgage Brokers is a mortgage broker in Dubai that works for you, not for the bank. We compare home loan offers from leading UAE banks, explain every rate and fee in simple words, and take care of the paperwork from pre-approval to the day you collect your keys.
Whether you are a UAE resident buying your first apartment, an expat moving up to a villa, a business owner, or an overseas investor buying from abroad, our team finds the mortgage that fits your income and your plans, with less stress and no confusing jargon.
- 8 Leading UAE Partner Banks
- 10+ Years of UAE Banking Experience
- Residential and Commercial Mortgages
- Office in Business Bay, Dubai
What Does a Mortgage Broker in Dubai Do?
A mortgage broker in Dubai is a specialist who compares home loans from different UAE banks on your behalf. The broker checks your eligibility, finds the lender and rate that suit you best, prepares your application and manages the process until the property is transferred to your name.
Think of a broker as your personal guide to the Dubai mortgage market. Instead of visiting banks one by one and filling in the same forms again and again, you have one expert doing the comparing, negotiating and follow-up for you, while you focus on finding the right home.
Why Use a Mortgage Broker in Dubai Instead of Going Direct to a Bank?
When you walk into a bank, you only see that bank’s products, and the person helping you is paid to sell them. A mortgage broker in Dubai does the opposite. We look at offers from several banks at once and tell you which one truly suits your salary, your property and your future plans. Because we bring banks a steady flow of well-prepared clients, we can often secure better rates and terms than a buyer would get on their own.
A broker also saves you weeks of running around. Every UAE bank has its own rules on minimum salary, age, debt limits and documents, and a rejection from one bank can make the next application harder. We know these rules well, so we send your file only to the banks most likely to approve it, and we get it right the first time.
| Going direct to one bank | Using Richman Mortgage Brokers | |
|---|---|---|
| Banks compared | One | 8 leading UAE banks |
| Rate and terms | The bank’s standard offer | Offers compared side by side, with better terms negotiated |
| Paperwork | You collect and submit everything | We prepare, check and submit it for you |
| Self-employed or non-resident buyers | Often refused with little explanation | Matched with banks that accept your profile |
| Support | Ends when the loan is approved | From the first call to the property transfer and after |
| Who the advisor works for | The bank | You |
How Much Can You Borrow? Check With Our Dubai Mortgage Calculator
Before you speak to any bank, it helps to know roughly what your monthly payment will look like. Here is a simple example. Say you are a UAE resident buying your first apartment in Dubai for AED 1,500,000. Under UAE Central Bank rules, banks can lend expats up to 80% on a first home worth under AED 5 million, so you put down AED 300,000 and borrow AED 1,200,000. Over 25 years at an example interest rate of 4.5%, your monthly payment would be about AED 6,670.
Your own numbers will depend on your income, the bank and the rate you are offered on the day. Try different prices, down payments and loan terms on our mortgage calculator, then speak to one of our mortgage advisors for an exact figure based on live bank offers.
Home Loan and Mortgage Services We Offer in Dubai
As a full-service mortgage broker in Dubai, we help with every stage of property ownership, from buying your first home to refinancing a loan you already have.
Home Purchase Mortgages in Dubai
Buying a ready apartment, villa or townhouse? We find the right home loan in Dubai for your budget, get you pre-approved before you start viewing, and guide you through valuation and transfer so nothing is missed.
Mortgages for Non-Residents Buying in Dubai
Live outside the UAE? Many banks lend to overseas buyers, but their rules are stricter. We match you with the right lender for mortgages for non-residents and handle most of the process remotely, by phone, email and WhatsApp.
Mortgage Pre-Approval in Dubai
A pre-approval tells you exactly how much you can borrow before you make an offer. It makes you a stronger buyer in the eyes of sellers and agents, and it stops you from falling in love with a home you cannot finance.
Mortgage Buyout and Refinancing
If you are paying more than you should on your current loan, we can move your mortgage to a bank with a better rate. A buyout can lower your monthly payment, shorten your loan, or both.
Equity Release and Home Equity Loans
Your property is a valuable asset. We help you release the equity in your home to fund a new investment, a business plan or a major family expense, at a rate that makes sense.
Mortgages for Self-Employed Buyers
Business owners and freelancers often find banks harder to deal with. We know which banks accept your trade licence, company accounts and bank statements, and we prepare your file the way each bank wants to see it.
Commercial Property Mortgages and Business Finance
Buying an office, shop or warehouse, or expanding your business? We arrange finance for commercial property in Dubai with the same care we bring to home loans.
For eligibility rules, down payments and rates across the country, read our full guide to home loans in the UAE.
How Our Mortgage Advisors in Dubai Get You Approved in 6 Simple Steps
Getting a mortgage should not feel like a mystery. Our mortgage advisors in Dubai follow a clear six-step process, so you always know what is happening, what you need to do and roughly how long each stage takes. Timings vary a little from bank to bank, but most clients move from first call to property transfer in a matter of weeks.
- Consultation (day 1). We talk about the property you want, your income, your savings and your long-term plans, and give you an honest view of what you can afford.
- Eligibility check (1 to 2 days). We check your salary, existing loans and credit score against each bank’s rules, so there are no surprises later in the process.
- Compare mortgage offers (2 to 3 days). You see the best options side by side, with the interest rate, fees and monthly payment for each one, in plain numbers.
- Pre-approval (around 5 to 7 working days). We prepare and submit your documents. Once you are pre-approved, you know your exact budget and can make an offer with confidence.
- Valuation and final offer letter (around 1 to 2 weeks). When you find your property, we arrange the bank valuation and chase the bank until your final offer letter is issued.
- Property transfer. We coordinate with the bank, the seller and the Dubai Land Department trustee office until the property is officially registered in your name.
Our support does not end at transfer. If interest rates fall or your plans change, we review your mortgage and help you switch to a better deal when it makes sense.
Mortgage Broker Fees in Dubai: What You Pay and When
One of the most common worries about using a mortgage broker in Dubai is hidden costs. At Richman Mortgage Brokers, you will never be surprised. Before we start work on your application, we explain our fee in writing, tell you exactly when it is payable, and answer any questions you have about it.
Here is what our mortgage broker service in Dubai covers from start to finish:
- A full eligibility check against the rules of each partner bank
- A side-by-side comparison of mortgage offers, showing rates, fees and monthly payments
- Preparing, checking and submitting your application and documents
- Arranging the property valuation and following up for your final offer letter
- Coordinating the transfer with the bank, the seller and the Dubai Land Department trustee office
- A mortgage review after transfer whenever rates or your plans change
It also helps to know the other costs that come with a mortgage, because they are set by the bank and the Dubai Land Department, not by your broker. These usually include a bank processing fee, a property valuation fee, the mortgage registration fee and life and property insurance. We list every one of them for you at the start, so you know the full amount of cash you need on top of your down payment before you commit to anything.
What Makes Richman One of the Best Mortgage Brokers in Dubai
The best mortgage broker in Dubai is not the one with the loudest advert. It is the one who finds you the right loan, explains it honestly and stays with you until the property is yours. That is the standard we hold ourselves to at Richman Mortgage Brokers.
- Banking experience on your side. Our team is led by professionals with more than 10 years in UAE retail banking, so we know exactly how banks assess an application and what makes them say yes.
- One conversation, many banks. We work with 8 leading UAE banks, which means more choice, more competition for your business and better terms for you.
- Honest, simple advice. We explain rates, fees and risks in plain words. If a deal is not right for you, or if waiting would save you money, we will tell you.
- Help for every type of buyer. Residents, expats, non-residents, salaried employees and business owners all get advice that fits their real situation.
- Support from start to finish. We handle the paperwork, the bank, the valuation and the transfer, so you can focus on your new home.
- Transparent and compliant. We follow UAE laws and regulations in every deal and keep you informed at every step.
Meet Your Mortgage Consultant in Dubai
When you work with Richman, you deal with a real mortgage consultant in Dubai who knows your file inside out, not a call centre that passes you from person to person. You get one point of contact, regular updates and straight answers.
Pooja Kataria, Director, Richman Mortgage Brokers
Pooja is a retail banking professional with more than 10 years of experience across mortgages, bancassurance, SME business, investments and risk processes. Over her career she has built a strong network across the UAE’s banking, mortgage and real estate industries. Her vision for Richman is simple: give every client a quick, hassle-free and high-quality mortgage experience, handled by qualified professionals. She makes sure every deal follows UAE laws and regulations and is carried out with full transparency.
UAE Banks Our Mortgage Brokers Work With
We compare mortgage offers from some of the most trusted banks in the UAE, including Emirates NBD, First Abu Dhabi Bank (FAB), Mashreq, Standard Chartered, RAKBANK, National Bank of Fujairah (NBF), United Arab Bank and Bank of Baroda. Working with this many lenders lets us find a match for buyers that a single bank might turn away.
How to Compare Mortgage Companies in Dubai: 6 Questions to Ask
There are many mortgage companies in Dubai, and they do not all work the same way. Some only deal with one or two banks, some charge fees they do not mention until the end, and some hand you over to a junior team once you sign up. Before you share your salary slips and bank statements with anyone, ask these six questions.
- Are you a licensed business in Dubai? A genuine broker will show you its trade licence without hesitation.
- How many banks do you work with? More banks means more choice and a better chance of approval on good terms.
- What is your fee, and when do I pay it? You should get the answer in writing before any work begins.
- Who will handle my application? You want one named advisor who stays with you, not a new person on every call.
- Have you helped buyers like me? If you are self-employed or live abroad, ask for their experience with cases like yours.
- What do past clients say? Genuine Google reviews tell you far more than any advert.
At Richman Mortgage Brokers, we are happy to answer every one of these questions on your very first call. That kind of openness is what you should expect from any mortgage broker in Dubai you trust with one of the biggest purchases of your life.
Mortgage Broker in Dubai: Frequently Asked Questions
Do I have to pay a mortgage broker in Dubai?
It depends on the broker. Some are paid only by the bank, while others charge the buyer a fee as well. At Richman Mortgage Brokers, we explain our fee clearly and in writing before we start, so you always know the cost upfront.
What is the difference between a mortgage broker, a mortgage advisor and a mortgage consultant in Dubai?
In Dubai, these titles usually describe the same job: a specialist who compares banks and helps you get the right home loan. At Richman, your mortgage advisor handles your case personally, from the first call right through to the property transfer.
How do I find the best mortgage broker in Dubai?
Look for a broker that is licensed, works with many banks, explains its fees clearly and has genuine client reviews. The best broker also gives you honest advice, even when that advice is to wait or to borrow a little less.
Is it better to use a mortgage broker or go directly to a bank in Dubai?
For most buyers, a broker is the better choice. A bank can only offer its own products, while a mortgage broker compares several banks, knows which ones suit your profile and can often secure better terms. It also saves you from applying to banks one by one and risking rejections that can affect your next application.
How much down payment do I need for a mortgage in Dubai?
Under UAE Central Bank rules, expats buying a first home worth under AED 5 million can borrow up to 80% of the price, so you need at least 20% as a down payment. The down payment must come from your own savings, not a personal loan or credit card. You should also keep aside roughly 6 to 8% of the price for fees. Non-residents and buyers of a second property usually need a larger down payment.
What is the minimum salary for a home loan in Dubai?
Most UAE banks ask residents for a monthly salary of around AED 10,000 to 15,000, although this varies from bank to bank. Your total monthly loan payments also cannot be more than 50% of your income. We check both for you before you apply.
How long does mortgage approval take in Dubai?
Pre-approval usually takes around 5 to 7 working days once your documents are complete. The full journey, from pre-approval to property transfer, often takes 3 to 6 weeks, depending on the bank and the seller.
Can non-residents get a mortgage in Dubai through a broker?
Yes. Several UAE banks lend to buyers living abroad, and a broker knows which ones suit your country and income. We handle most of the process remotely. Read more about mortgages for non-residents.
Can I move my mortgage to another bank in Dubai?
Yes, this is called a mortgage buyout. If another bank offers a better rate, we can transfer your loan there. Your current bank may charge an early settlement fee, which UAE Central Bank rules cap at 1% of the outstanding amount or AED 10,000, whichever is lower.
Can a mortgage consultant in Dubai help if my credit score is low?
Often, yes. A mortgage consultant knows which banks are more flexible and how to present your application in the best light. If it would be smarter to improve your score first, we will tell you honestly and show you how.
Talk to a Mortgage Broker in Dubai Today
Ready to take the next step towards your new home? Share a few details with us and a Richman mortgage advisor will get back to you to talk through your options, check your eligibility and explain what you can borrow. There is no obligation, just clear and honest advice from people who know the Dubai mortgage market.
- Visit us at 501, Crystal Tower, Business Bay, Dubai
- Call +971 58 510 0111
- Email ankit@richmanadvisory.net
Mortgage approval, interest rates and fees depend on each bank’s assessment of your application. Figures on this page are for general guidance only.