Mortgage Refinancing in the UAE

Could a better rate save you thousands? We review your current mortgage and find refinancing options that genuinely improve your position.

Get Free Advice

Mortgage refinancing in the UAE allows you to move your existing mortgage to a new lender offering better rates, lower fees, or more flexible terms. With the UAE mortgage market evolving rapidly, many homeowners and investors are overpaying on older fixed-rate products that have expired or variable rates that have risen. Bradgate Heights conducts a thorough review of your current mortgage and the entire market to establish whether refinancing makes financial sense for you before you proceed.

FCA Regulated Advice

20+

UAE Lenders

80%

Max LTV

Free

Consultation

Why Choose Bradgate Heights

Potential Rate Savings

Even a 0.5% reduction in your mortgage rate on a large Dubai property can translate to tens of thousands of dirhams in savings over the remaining term of your loan.

Break Fee Analysis

We calculate whether any early settlement fees charged by your current lender are outweighed by the savings from switching, so you never refinance at a net financial loss.

Access to New Products

Refinancing gives you access to the latest mortgage products, including new fixed-rate periods, offset facilities, and improved LTV terms not available when you first borrowed.

Debt Consolidation Option

Refinancing can be combined with equity release to consolidate higher-rate personal loans or credit card balances into a lower-rate secured mortgage, reducing your monthly outgoings.

How It Works

Check Eligibility

We review your current mortgage terms, outstanding balance, early settlement fees, and remaining term to establish your refinancing baseline and the options available to you.

Choose Product

We compare refinancing products across our lender panel and present a clear savings illustration showing your net financial benefit after all switching costs have been accounted for.

Application

We submit your refinancing application to the new lender and manage the simultaneous settlement of your existing mortgage at the point of completion.

Completion

The new lender pays off your existing mortgage and registers the new charge at the DLD, with no gap in mortgage cover and a smooth transition of your repayment obligations.

Frequently Asked Questions

How much does it cost to refinance a UAE mortgage?+

Typical refinancing costs include an early settlement fee of up to 1% of the outstanding balance charged by your current lender, a new mortgage arrangement fee, a property valuation fee, and DLD mortgage registration fees of 0.25% of the new loan amount.

How often can I refinance my UAE mortgage?+

There is no regulatory restriction on how often you can refinance in the UAE, but early settlement fees and transaction costs mean that refinancing is generally worthwhile only every three to five years when rates have meaningfully improved.

Can I refinance to release equity at the same time in the UAE?+

Yes, many UAE homeowners refinance and increase their loan amount simultaneously to release equity. The total combined loan must remain within the lender's maximum LTV threshold for the property type.

Does refinancing affect my UAE credit score?+

A new mortgage application will result in a credit check that may temporarily affect your AECB score. However, the impact is generally minor and consistently meeting payments on your new mortgage will maintain or improve your score over time.

Can I refinance an off-plan property mortgage before completion?+

Refinancing is generally only possible once a property has completed and a title deed has been issued. If your off-plan project is near completion, we can begin refinancing preparations so the switch happens as quickly as possible after handover.

Ready to get started?

Speak to a specialist today for a free, no-obligation consultation. We compare 20+ UAE lenders to find the mortgage that is right for you.

Book a Free Consultation