Mortgage Brokers : Getting a mortgage

Navigating your way through the mortgage market may seem an overwhelming and intimidating process, especially given the abundance of available mortgages and mortgage providers.

However, finding the right mortgage means finding a mortgage tailored to meet your needs, taking into consideration your lifestyle, age and financial situation.

Nevertheless, even after taking these factors into account, you will almost certainly be faced with an enormous variety of mortgages and differing interest rates.

We are here to make choosing a mortgage easy.

The property boom in Dubai and the UAE captured the attention of the world. Mortgages for Dubai properties are now available to Dubai Residents and non-residents (International) owners of property in the UAE.
Sole Dubai works very closely with Mortgage Brokers in the UAE offering you the highest quality of service with a professional yet very personal touch. Our aim is to make your experience a smooth and hassle free process when buying your home.

Buy to let mortgages

Sole Dubai has a team of experienced buy to let mortgage specialists with access to the whole of the market.
Whether you are arranging your first buy to let mortgage or looking to finance your buy to let portfolio, we can find the best deal for you.

Commercial mortgages

As commercial mortgages are tailored to each client, we cannot give meaningful example rates for you to compare.
Commercial mortgages offer an excellent way to raise capital for the purchase of property or land for your business. We search the market to find you the best deal, leaving you more time to run your business. Some points to consider are listed below:

  • Commercial mortgages of all values
  • No maximum loan value.
  • Buy to let mortgages.
  • Mortgage Loan term is negotiable
  • Available to business customers with a small to medium businesses or new start-ups

First time buyer mortgages

Navigating the UAE mortgage market as a first time buyer can be confusing, and we are here to help find you the best deal. Our qualified mortgage advisers have access to the whole of the UAE mortgage market and our team of mortgage administrators will make sure your case completes in the shortest possible time.
We understand that getting on the property ladder is hard, especially given the previous 6 years of increasing property-prices. As such we are able to offer a wide range of products to suit you.

Professional mortgages

If you are a doctor, teacher, solicitor, accountant, or any other recognized profession many lenders will take into account the stability this brings and offer you deals not available to the general public.
Professional mortgage schemes often offer enhanced maximum lending ratios, and reduced interest rates. Either way, we have access to the whole of the UAE mortgage market so can find the best deal for you.

Remortgages

Our advisors have access to the whole of the UAE remortgage market we can find the best deal for you.

Large mortgages

Sole Dubai, specialize in arranging large mortgages. Our team of qualified mortgage advisers have access to the whole of the UAE mortgage market, and we pride ourselves on offering mortgage solutions tailored to meet your individual needs
To receive a no-obligation large mortgage quote fill out the form below

Interest rates explained

Please note that the summaries below are for guidance only. For a full explanation of mortgage interest rates, and which would be most appropriate to your circumstances, please leave your details and we will have someone get back to you.

Fixed

The rate is static for a set period of time, either a number of years or to a specific date. Once this period has ended, the rate goes back to the lender’s variable rate. Even though you can usually choose the length of the fixed period, the selection will be limited to current offers. There are often early repayment charges on these rates if you wish to repay the loan before the fixed rate is up and, occasionally, for a short time after.

Tracker rates

A variable rate loan where the interest rate is a set amount above or below the Commercial Bank or some other base rate and so always ‘tracks’ changes in that rate.

Variable

Usually known as the standard variable rate (SVR). This rate normally fluctuates in line with the Commercial Bank interest rate.

Discounted

This is a variable rate but set at a fixed percentage below the lender’s standard variable rate. If you wish to pay back your loan before the end of the discounted rate, you may have to pay a charge known as a early repayment charge. In some cases these charges apply for a short time after the discount rate has ended.

"Cap & Collar"

These rates limit your payments to variations between a minimum (collar) and maximum (cap) rate for a set period of time.

Cash back Incentive

As another ”Special offer“, companies sometimes offer cash back as another incentive to use their products. With cash back the lender will give you a sum of money on completion of the mortgage. For this type of offer, you are usually restricted to the standard variable rate for a set period, and have to repay some or all the cash back if you wish to redeem your loan sooner

Repayment calculator

You can use our mortgage calculator to work out how much you can borrow and what the repayments will be. Please note: these calculations should only be used as guides.
For a more accurate analysis, please leave your full contact details and our mortgage Team will contact you to give you no obligation advice.

Get a mortgage quote

Please fill in the form below with your mortgage requirements and contact details. A mortgage advisor will examine your details and call you back at the preferred time that you specify.