With no other debts, an AED 50,000 monthly salary can support a mortgage of about AED 3.88 million over 25 years.
How it works: banks let all your debts use up to half your income (AED 25,000 a month here), tested at a higher stress rate of about 6%.
- 25-year term, no other debts: about AED 3.88 million
- 20-year term: about AED 3.49 million
- With a AED 3,000 car loan: about AED 3.42 million
- Property price this fits (expat, 80% loan): up to about AED 4.85 million
- Monthly payment at 3.99%: about AED 20,460
You are close to the AED 5 million line. Above it, expats can borrow only 70% of the price, so a AED 5.5 million home needs AED 1.65 million down plus fees. Large loans often get better pricing, so compare several banks.
Estimates only. Each bank uses its own stress rate and rules.
Related: How much can I borrow? · Check your eligibility · Down payment rules
