How Much Down Payment Do You Need for a Mortgage in Dubai?

Before you fall in love with a villa in Dubai Hills or an apartment in Business Bay, one number matters as much as the price tag: your down payment. In the UAE, how much cash you need upfront is set by Central Bank loan-to-value (LTV) rules — and they differ for UAE nationals, expatriates, property type, and whether the home is ready or still under construction.

Down payment rules for completed properties in Dubai

For most ready (completed) residential purchases under AED 5 million, expatriate buyers typically need a minimum 20% down payment (80% LTV). UAE nationals may qualify for up to 85% LTV on a first home, which means as little as 15% down in eligible cases. Above AED 5 million, LTV caps are often lower — commonly around 70% for expats — so your deposit requirement rises with property value.

• Expatriates: often 20% minimum on properties under AED 5M (subject to bank policy)
• UAE nationals: up to 85% LTV on first homes in many cases
• High-value homes: expect 30% or more down as LTV decreases
• Investment / second homes: banks may require larger deposits than a primary residence

Off-plan properties: why 50% down is common

Buying off-plan from a developer? Regulators and lenders treat this differently. A 50% down payment is widely required for under-construction purchases, because the bank’s risk profile changes until the property is handed over. Always confirm the payment plan with both the developer and your mortgage advisor before signing a SPA.

Don’t forget costs beyond the deposit

Your “cash to close” is more than the down payment alone. Budget for Dubai Land Department fees (typically 4% transfer fee plus admin costs), real estate agency commission where applicable, bank arrangement fees, property valuation, and mortgage registration. A good broker will itemise these so you are not surprised at the final meeting.

How to plan your deposit strategically

• Get mortgage pre-approval early so you know your maximum loan and required deposit
• Use our EMI calculator to stress-test monthly payments at different down payment levels
• Keep proof of funds ready — banks verify savings, sale proceeds, or gifts with documentation
• If you are upgrading, ask about equity release on your current home to fund the next purchase

Money Matters has helped Dubai and UAE buyers navigate deposit rules since 2016. We compare offers across major banks so you understand the true cost of ownership — not just the headline rate.