GCC Resident Mortgage & LTV
Resident LTV caps, borrowing requirements, and documentation guide for GCC Resident nationals.
Your LTV Summary
Status
Resident
Holds UAE residency visa
First Property LTV
75%
Maximum loan-to-value cap
Second Property LTV
55%
For investment properties
Special Notes for GCC Resident
Treated similarly to UAE nationals but with slightly stricter documentation. Visa sponsorship required.
Documentation & Requirements
Required Documents
- • Valid passport (or home country ID)
- • UAE residency visa or Golden Visa
- • Latest 3 months' salary slips
- • Latest 6 months' bank statements
- • Employment letter on company letterhead
- • Proof of down payment source
Additional Considerations
- Debt-to-Income Ratio: Usually capped at 50% for residents
- Salary Transfer: Some banks require salary transfer to their account
- Minimum Salary: Typically AED 4,500–10,000 depending on lender
- Processing Time: 5–10 days for residents, 10–20 days for non-residents
Borrowing Power Examples
| Property Price | Your LTV | Max Loan | Down Payment |
|---|---|---|---|
| AED 1.0M | 75% | AED 0.75M | AED 0.25M |
| AED 2.0M | 75% | AED 1.50M | AED 0.50M |
| AED 3.0M | 75% | AED 2.25M | AED 0.75M |
| AED 5.0M | 75% | AED 3.75M | AED 1.25M |
| AED 10.0M | 75% | AED 7.50M | AED 2.50M |
Ready to Explore Your Options?
Our team can verify your specific LTV cap, calculate your borrowing power and guide you through the pre-approval process with the best lenders for your profile.