Standard Chartered UAE Mortgage
Premium international bank focused on affluent and corporate clients.
Key Terms & Rates
Interest Rate Range
4.5%–6.1%
Fixed & variable options
Maximum LTV
65%
Loan-to-value cap
Processing Fee
AED 3,500
One-time application fee
Pre-Approval Timeline
10d
For salaried professionals
Minimum Salary
AED 10,000
Typical requirement
Early Settlement
No penalty after 2 years
Prepayment terms
Islamic Options
Yes
Sharia-compliant products
Status
Active & Competitive
Updated April 2026
Strengths
- ✓Premium service for high-net-worth individuals
- ✓Strong rates for luxury properties (AED 5M+)
- ✓Global banking expertise and treasury options
- ✓Flexible structures for business owners
Weaknesses
- ✗Highest minimum salary threshold
- ✗Premium fees across all products
- ✗Smallest market share
- ✗Limited first-time buyer programs
Application & Approval Process
Pre-Approval Steps
- 1. Complete online/branch application with ID, salary certificate and bank statements
- 2. Bank verifies employment and credit history (2–3 business days)
- 3. Property valuation requested once property identified (1–2 days)
- 4. Final approval issued within 10 days total
Required Documentation
- • Valid passport & residency visa
- • Last 3 months' salary slips
- • Last 6 months' bank statements
- • Employment letter on company letterhead
- • Property-specific documents (once identified)
- • Proof of down payment source
Timeline to Disbursement
Pre-approval: 10 days. Full approval: +7–10 days post-contract. Disbursement: +2–5 days after final approval and title registration.
Ready to Apply?
Our team can help you prepare your application, compare final offers and negotiate rates with Standard Chartered UAEand competing lenders. Get your pre-approval in hand before your property search.