As of 2025, mortgage interest rates in the UAE typically fall between 2.5% and 4.5%, depending on factors such as the mortgage type, the borrower’s financial situation, and the chosen lender or bank. Rates can differ considerably between fixed-rate and variable-rate mortgages—you can explore these options in more detail through our mortgage guide.

To secure a mortgage in Dubai, you’ll need to provide several documents, including a copy of your passport, visa, and Emirates ID, a salary certificate, and proof of address (such as a tenancy contract or DEWA bill). Additionally, bank statements from the past six months may be required, along with other supporting documents like credit card statements, depending on the lender’s criteria.

Pre-approval is a bank’s assurance that you qualify for a mortgage based on specific requirements. The processing time for pre-approval can range from a few days to several weeks, especially for self-employed applicants. Typically, you’ll need to provide documents such as salary slips, bank statements, and employer reference letters, while the bank conducts necessary background checks before granting approval.

The pre-approval process usually takes around 3 to 5 business days for salaried employees and approximately 7 to 10 business days for self-employed individuals. However, the exact timeframe may differ based on the lender and the completeness of your submitted documents.