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WorksheetsMortgage Eligibility /Tele-Sales
Total questions: 10
Worksheet time: 5mins
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
