Dubai mortgage for non residents

1

• Dubai Mortgage for Non-Residents

Taskmaster offers the Dubai mortgage for non
residents to buy a land and constructions in
Dubai with easy terms and conditions. No matter
where you live now you can buy a mortgage from
UAE lenders.
sales_at_taskmastergulf.com Call Free ?971
585791578
2

• A lot of non-residents from every corner of the
  world purchase apartments in Dubai. Certain are
  looking for zero tax rental yields that can
  attain 10 on small apartments, certain are
  looking for amazing lifestyle investments. If you
  want to know about Dubai mortgage for
  non-residents to buy a property in Dubai.  
• Because of affordable prices and low rates of
  interest, local and foreign investors have been
  focusing on the different real estate sectors of
  Dubai

sales_at_taskmastergulf.com Call Free ?971
585791578
3
Can Non-Residents Get A Mortgage in the UAE

• A non-resident can get a mortgage in the UAE from
  lenders conducting in the United Arab Emirates
  although, there are certain restrictions. The UAE
  mortgage cover law needs non-resident citizens,
  to have a cash down payment of at least 25
  percent of the property value and related
  purchase costs. If you are purchasing a second
  and third property, as an investment, for
  instance, you will require at least 40 percent of
  property value to meet your down payment.
•  
• You will enjoy multiple advantages as a foreign
  investor, involving high loan amounts and
  enhanced flexibility. Although, this is vital to
  keep in mind that some banks provide a mortgage
  for non-resident overseas investors than UAE
  nationals or expatriates. 

sales_at_taskmastergulf.com Call Free ?971
585791578
4
Documents Required for Mortgage Loans for Non-UAE
Residents?

• When applying for a mortgage for
  non-residents, you would require to submit some
  documents. Keep in mind that there can be extra
  documents required depends on the property you
  are buying and the conditions of the
  transaction. Although, usually, non-resident
  applicants will need to submit these necessary
  documents for a mortgage loan in Dubai. 
• A valid passport as identity proof
• Bank statements for the last three or six months
  as proof of funds
• Tax returns
• Salary certificates or payslips
• Trade license and audited financial statements
• Details of any existing loans

sales_at_taskmastergulf.com Call Free ?971
585791578
5
Features of Mortgage for Non-residents in UAE

• There are certain features and conditions of
  mortgage loans provided to foreign investors
  buying a property in Dubai. 
• Maximum Loan Amount It would vary depends on
  the bank and your financial matters. For example,
  while ABCD bank wants to finance is up to AED 24
  million.
• LTV Ratios As per the mortgage law of the UAE,
  non-residents are needed to plant almost 20 of
  the purchase price of a property as a down
  payment, in case the property is deserving on AED
  5 million.
• Interest rates UAEs certain banks provide many
  options for interest rates, like fixed-rate
  mortgage and variable interest rates.
• Loan Tenure The maximum loan period for
  residents is 25 years, banks can need a short
  period for non-resident investors. In addition,
  the banks can have a restriction that the
  applicants age should not more than 65 years for
  salaried or 70 years for self-employed throughout
  the period of the loan. 

sales_at_taskmastergulf.com Call Free ?971
585791578
6
Introduction
Taskmaster commercial broker LLC is one of the
leading provider of business loan in Dubai. It
helps you to approve a loan not only for business
capital but for all kinds of work associated to
your business. Taskmaster Commercial Broker LLC
is a team of professional and experienced
financial consultants with specialized in
finance. TASKMASTER help you in all aspects of
arranging finance from the financial institutions
and banks. Taskmaster offers you the facility to
sell and lease your commercial property in
Dubai. Quick Links- Business Loan in
Dubai Trade Facilities in Dubai Property Mortgage
in Dubai Trade Finance Trade working capital SME
Bank Finance in Dubai Bank Account Opening In
Dubai ICV certificate UAE TRN Registration
Dubai Home loan in Dubai
7
Contact
Taskmaster commercial broker LLC
Office 1202,Al Musalla Tower,Bur Dubai,Dubai,UAE
Call Free ?971 585791578
Social Network
sales_at_taskmastergulf.com
8
(No Transcript)