Off-Plan Mortgage Calculator (UAE)
Enter the purchase price of an off-plan property, an interest rate and a term. The calculator applies the 50% loan-to-value limit set by the Central Bank of the UAE and shows the equity you need and the corresponding monthly payment.
Indicative simulation only. It is not a loan offer, an approval or financial advice. The limits shown are the regulatory maximums; each lender applies its own credit policy and may set lower limits. The interest rate is the one you enter. Always confirm the figures with your lender.
The 50% limit for off-plan property
Because of the long development process and the higher completion risk, the maximum loan-to-value for a mortgage on a property bought off plan is 50%, regardless of purpose, value or category of buyer.
How a lender pays during construction
When stage payments are part of the financing, the lender must first use the buyer’s equity to pay the developer before releasing any of the loan.
Payments to the developer must follow completion milestones confirmed on site by the lender or by an independent qualified professional.
Each lender decides whether and how it finances off-plan property, within these rules.
Source : Central Bank of the UAE, Regulations Regarding Mortgage Loans (C 31/2013, consolidated 08/04/2020)