Mortgage Eligibility /Tele-Sales

Mr. Ahmed has been living in Dubai since 2020 and is interested in purchasing a property in Binghatti using a bank mortgage. What is the maximum eligible age (at the time of loan maturity) for him to take a home loan as a resident expatriate?

• 55 years

• 65 years

• 75 years

• 85 years

Mr. Saeed Rashid, a UAE national, wants to purchase a 1-bedroom apartment in Binghatti using a mortgage. What is the maximum age (at the time of loan maturity) allowed for UAE nationals to be eligible for a home loan?

• 50 years

• 60 years

• 70 years

• 80 years

Mr. Ayman, an Operations Director at ADNOC Gas, has worked in Dubai for 2 months and plans to purchase a property in Binghatti with a mortgage. What is the minimum salary required for his eligibility?

• AED 10,000 to AED 15,000

• AED 20,000

• AED 30,000

• Not Applicable

As a Telesales Consultant, what should you advise a Dubai resident clients about the minimum salary required to qualify for a home loan from the bank?

• AED 5,000 - 7,000

• AED 8,000 - 10,000

• AED 10,000 - 15,000

• AED 20,000 - 25,000

What is the maximum loan tenure (loan duration) typically available for home financing in the UAE?

• Up to 10 years (subject to maximum age)

• Up to 15 years (subject to maximum age)

• Up to 20 years (subject to maximum age)

• Up to 25 years (subject to maximum age)

Mr. Adel, who lives in London, wants to invest in a 2-bedroom apartment in Binghatti Ivory (Al Jaddaf) using bank financing. What is the typical down payment he should pay and the Loan-to-Value (LTV) he can get from the bank?

• 20% (down payment), 80% (Bank LTV)

• 10% (down payment), 90% (Bank LTV)

• 30%–50% (down payment), 50%–70% (Bank LTV)

• 25% (down payment), 75% (Bank LTV)

For properties in Binghatti valued above AED 5 million, how much maximum financing can a UAE national obtain from the bank?

• 60%

• 70%

• 80%

• 90%

To qualify for a mortgage in the UAE, Debt-to-Income (DTI) ratio should not exceed what percentage of client's monthly income?

• 30%

• 40%

• 50%

• 60%

Mr. Samet, a salaried employee earning AED 20,000/month, has been in the same job for over 2 years and is interested in buying with Binghatti through a mortgage. He pays AED 5,000 for a car loan and AED 7,000 for a personal loan. Is he eligible for a home loan?

• Yes, he qualifies

• Yes, with special bank approval

• No, his DTI exceeds 50%

• Only with ADIB he's eligible

What is the minimum monthly salary for international (non-resident) clients to be eligible for a mortgage in the UAE?

• AED 10,000

• AED 15,000

• AED 20,000

• AED 30,000