Can I get a mortgage for a second property in Dubai?

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Yes. For a second home, banks lend up to 60 percent for expats and 65 percent for UAE nationals.

  • You need a 35%–40% down payment.
  • Your income must cover both mortgages within the 50% debt limit.
  • Equity from your first home can fund the down payment.

Related: Equity release

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