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mortgage

Your dedicated
mortgage advisor

Mena Mortgage Services (MMS) is an independent mortgage broker, licensed by the Department of Economic Development (DED), and has been trading in the UAE for the last 10 years. All brokers are fully qualified, with at least 5 years' experience, and specialise in mortgages for residents and non-residents purchasing property in the UAE.

Working with a range of UAE banks, MMS guarantee their clients the most suitable mortgage for their individual circumstances. Due to these exclusive partnerships, Mena Mortgage Services are able to offer cost-effective products to their clients which can only be accessed through MMS.

Whether you are buying your first property or refinancing your existing loan, our experts can help you find the best mortgage offers in Dubai and the UAE.

Simply fill out the form and we will respond within 24 hours.

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Meet our expert

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Rosie Petterson

Mortgage Consultant

Mena Mortgage Services

Rosie is a UK qualified mortgage broker with over 11 years of experience working with real estate agents in the UK and UAE, where she helped their clients find the most suitable finance solutions. With an extensive knowledge of the buying process, costs, timescales involved, Rosie offers the highest level of service while taking the time to understand their needs.

After several years in the real estate market in Dubai, Rosie has joined Betterhomes Group under the banner of Mena Mortgage Services in 2020. As a dedicated Betterhomes Mortgage Consultant, Rosie will have even more room to help clients arrange their finance when it comes to property transactions.

Mortgage Calculator
Property Price (AED)
Down Payment
375,000 AED
Loan Duration
25 years
Interest Rate (%)

Note: Estimated monthly payment based on a 1,125,000 AED loan amount with a 2.75% fixed interest rate for the entire duration of the loan

Your Questions Answered

A mortgage is a loan that a lender extends to a home buyer to help finance the purchase of a property.

Principal – the amount that goes towards the equity
Interest – the rate you are charged to obtain the loan
Insurance – This is mandatory in all cases

The purchased house acts as collateral, so if you can't repay the mortgage, your lender can take possession of your property and sell it to collect any money you owe them.

This depends on your personal circumstances, such as your salary and your existing liabilities. For a more direct answer, have a chat with our mortgage advisor.

Again, This is dependent on your personal circumstances, so you would need to speak to our mortgage advisor for an accurate answer.

The faster you pay off your mortgage, the less interest you will have paid at the end of the mortgage term (use our early payoff calculator to get the sums). So the faster you pay your mortgage, the less you need to pay.

If they have a low-interest rate, and put their money towards higher-interest investments, it might make sense to keep the mortgage ongoing while using capital to earn more money on higher-interest investments.

This again, is dependent on your personal circumstances such as work, therefore it would be best to have a chat with our mortgage advisor to give you a more accurate answer.

These are generally only for 1,2,3, or 5 years. The amount you pay towards interest will be large at first, but will gradually decrease as you make payments.

The interest rate on an adjustable-rate mortgage will fluctuate and be linked to the EIBOR rate, which means the interest portion paid on your monthly payments will change.

This shows the amount of interest paid and the amount of capital paid.

This is the total length of the mortgage. The maximum length in the UAE is 25 years and is based on its affordability.. This can be discussed with your mortgage advisor and confirmed by the bank.

We definitely recommend speaking to our mortgage advisor, they will tell you everything you need to know about getting a mortgage and help guide you through every step of the way.