Mortgage Bank
Mashreq Bank
Innovative retail bank offering fast online mortgage processing.
Provider Details
Provider Type
Mortgage Bank
Rate from
3.99
Term
Up to 25 years
Minimum down payment
20% (For residents)
Languages
EN, AR
For non-residents
Yes
About Mashreq Bank
Mashreq offers home-loan products for both UAE residents and non-residents. Mortgage pricing is structured around 3-month AED EIBOR plus a fixed margin agreed in the loan contract, meaning the applicable rate can change with EIBOR rather than remaining permanently fixed at one headline percentage.
Services
- Digital Instant Pre-Approvals
- Non-Resident Investment Financing
Interesting facts about Mashreq Bank
• Mortgage pricing is based on 3-month AED EIBOR plus a fixed contractual margin.
• The fixed margin is agreed as part of the mortgage contract.
• A single static “rate from” is less representative of the product than the EIBOR-plus-margin structure.
• Home loans are available to non-resident customers.
• Mashreq’s published non-resident LTV information is inconsistent: one section states up to 60%, while the FAQ states up to 50%.
• Because of this inconsistency, non-resident financing limits should be confirmed directly with the bank before relying on a specific percentage.
Want fast digital pre-approval?
Compare Mashreq's digital application speed against traditional bank processing timelines.
- Digital pre-approval comparison
