UAE Central Bank issues mortgage rules
Financing set at 80% for nationals, 75% for expatriates for home loans under Dh5m
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The central bank also specifies that the debt burden ratio (calculated in total monthly installments of all debt burden) should not exceed 50 per cent of the monthly income. In addition, the maximum financing amount allowed for UAE nationals is set at eight times their annual income and for expatriates at seven times their annual income.
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