Do residents get better mortgage rates than non-residents?

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Yes. UAE residents typically receive lower mortgage rates and more favorable terms than non-residents, because:

• Residents have local income and credit history verifiable through AECB

• Residents benefit from UAE salary transfer arrangements

• Non-residents are assessed as higher risk due to absence of local financial footprint

Non-residents generally face higher interest rate margins, lower LTV caps (60%), and stricter documentation requirements.

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