Mashreq Bank Mortgage — Smart Home Finance for the Modern Buyer
Enquire NowMashreq Bank is one of the UAE's oldest and most innovative financial institutions, offering a streamlined mortgage experience with competitive rates and a fully digital application journey. Mashreq caters to salaried employees and self-employed individuals looking to purchase residential properties across the UAE.
Key Features
- ✓Fully digital mortgage application process
- ✓Competitive rates for expats and nationals
- ✓Fast pre-approval within 24–48 hours
- ✓Flexible repayment and overpayment options
Typical Rates
From 3.99% fixed for 1 year, reverting to EIBOR + 1.55%
Rates are indicative and subject to change. Contact us for a personalised quote.
Frequently Asked Questions
Does Mashreq Bank offer mortgages for non-UAE residents?+
Mashreq Bank primarily targets UAE residents for its standard mortgage products. However, certain premium or wealth management mortgage products may be available to non-resident investors. A broker can advise on the most appropriate product for your residency status.
What is the minimum property value Mashreq will finance?+
Mashreq Bank generally requires a minimum property value of AED 500,000 to qualify for a mortgage. Properties in certain freehold developments and those from approved developers are preferred, and your broker can check whether a specific property is eligible.
How does Mashreq's digital mortgage process work?+
Mashreq's online platform allows you to apply, upload documents, track your application status, and receive pre-approval decisions without visiting a branch. The process is designed to be completed in a few days and is particularly convenient for busy professionals.
Can I make overpayments on a Mashreq mortgage?+
Yes, Mashreq allows partial prepayments on mortgages, though a fee equivalent to 1% of the prepaid amount may apply during the fixed rate period. After the fixed period, overpayment terms are typically more flexible, and your broker can clarify the current terms.
Ready to apply with Mashreq Bank?
Let Bradgate Heights handle the application for you. We manage every step from pre-approval through to completion.
Get Started Today