A Non-Residential Mortgage is used to buy or refinance properties meant for business or investment, not for living. These loans are usually taken by investors, business owners, and companies who want to expand their property holdings in the UAE.
We guide you through bank requirements, help you compare different lenders, and arrange financing that fits the current market.
What Is a Non-Residential Mortgage?
A non-residential mortgage (also known as a commercial mortgage) is a loan that is offered by UAE banks for properties that are not used as personal homes. These properties are typically leased, used for business operations, or kept as long-term investments.
When banks consider these mortgages, they look at factors such as income strength, property value, rental potential, and risk profile instead of personal housing needs.
Property Types Eligible for Non-Residential Mortgages
The UAE banks commonly finance:
- Office spaces
- Retail shops and showrooms
- Warehouses and industrial units
- Commercial buildings
- Mixed-use properties (commercial + residential)
- Staff accommodation buildings
- Income-generating rental properties
- Commercial plots (subject to bank approval)
Approval depends on property location, valuation, and zoning regulations.
Who Can Apply?
Non-residential mortgages are generally available to:
- Business owners and entrepreneurs
- Real estate investors
- Self-employed individuals
- Registered companies and partnerships
- UAE residents and eligible non-residents
Non-residents usually face higher equity requirements and stricter bank assessments.
Current Eligibility Criteria
While requirements vary by bank, most lenders currently assess:
- Minimum age: 21 years
- Maximum age at loan maturity: Typically up to 65–70 years
- Down payment: Usually 30% to 40% of the property value
- Loan tenure: Commonly 10 to 25 years, depending on property type
- Debt Burden Ratio (DBR): Generally capped at 50%
- Income or business turnover: Must support loan repayment
- Property valuation: Must be conducted by a bank-approved valuer
All approvals are subject to bank credit policies in effect at the time of application.
Documents Commonly Required
Banks may request:
- Passport and visa (if applicable)
- Emirates ID (for UAE residents)
- Trade license and company documents
- Business or personal bank statements (6–12 months)
- Audited or management financials (for companies)
- Property title deed or sale agreement
- Tenancy contracts (if the property is rented)
We assist in reviewing and organizing documents to meet current bank standards.
Speak to a Mortgage Advisor
Non-residential mortgages have stricter bank rules and higher risks. So, it is highly recommended to get expert advice as soon as possible because it will save time, reduce costs, and avoid unnecessary rejections. Contact City Mortgage today to explore your non-residential mortgage options with confidence.