Dubai Mortgages

With twenty years experience in arranging mortgages within the UK, more recently in Dubai, SPHERE offers its clients the best solution to financing and securing their Dubai property investment.Sphere offers its consultancy in the area of Dubai Mortgages, Dubai Loans, Dubai Finance etc.

The lenders here include Amlak, HSBC, Tamweel, Lloyds, Standard Chartered, Mashreq Bank, Union National Bank, NBD, ADCB and RAK Bank. Each lender has its own individual criteria, not only for the projects they endorse but also for the prospective borrower. However, with the lenders market ever changing, SPHERE can help you through the decision making and the underwriting process making funding for your Dubai property "hassle free". A fee of 1% will be charged on successfully obtaining an acceptable offer. Negotiable on large cases. SPHERE is a trusted name in Dubai Mortgages, Dubai Finance & Dubai Loans.

Some of the items listed below may be required when applying for a Dubai mortgage.

• Mortgage Application Form
• Passport Copy
• Salary Certificate
• 6 months Bank Statements
• Liability Letter from Bank
• Sales Deposit details & copies of Receipts.
• Self Employed- Accounts
• Credit Reference
• Proof of Residency

Dubai Finance, Dubai Loans, Dubai Mortgages criteria varies from lender to lender. However, as a rule of thumb, 80% for residents, 70% for Non Residents of the Valuation is a fair guideline. However this varies from Lender to lender.

Click here to get Mortgage Application Form or email your enquiries to chris@sphereme.com

Testimonials

"Hi Sohail, the best person to contact is chris@sphereme.com he got me out of real hot water and sorted everything from beginning to end, he is totally trustworthy, efficient and helpful. Do let me know how you get on?   I live just outside London and have a one bedroom apartment on palm island which I intend to let out, by next year I want to buy a small villa, chris will handle all this for me" ........ Anne Jirschitzka

"....my wife and I were most fortunate to have secured a plot of land on some prime real estate in Dubai, however, as mortgages were unheard of and as self employed individuals we were finding it extremely difficult to acquire a mortgage - that was until Chris Allen stepped in to the breach and 'held our hand ' through the entire process and secured for us the right option, we cannot thank him enough, but more to the point, he cannot be recommended high enough".....Charles Wright

"Dear Chris, I just wanted to say a big "Thank you" for helping sort out my mortgage in Dubai, you hand held me through a plethora of paperwork until the deal was done, which was more than I can say for my own efforts to secure a mortgage, despite being an owner of my own business, which as you know took me 6 months without me getting anywhere, but frustrated. I would be most happy to be referred to any of your clients that you have that is contemplating, undertaking securing a mortgage on their own without your guidance, and warn them of the pitfalls. I look forward to working with you again when I am in funds again to secure another mortgage.".... Mark Brown

"I would just like to write and thank you for all your work and persistance in obtaining a mortgage on my Eight properties in Dubai. Let us pray that the new Federal law relating to land ownership becomes a reality, which would make your job and mine a lot easier.".... Tony Mcmillan

"Chris Allen arranged the type of mortgage we asked for and set up all the appointments so that when we arrived in Dubai it was as easy as it possibly can be dealing with bureaucracy here! It's not like dealing with the lenders in the UK - there's always another piece of paper needed and another hoop to jump through. It certainly helps to have someone on the ground who can turn up in their offices when they won't reply to emails or phone calls, and decipher the new rule which they've just introduced that day. Our stress levels would definitely have been even higher if we'd tried to do this on our own!".... Helen McAinsh (Scotland)

"Thank you very much for your assistance in applying and ultimately receiving a mortgage offer with Mashreqbank. It is a complicated process in Dubai and you helped at every stage. Your professionable approach was excellent and you did far more than could be expected from a mortgage broker in the UK. I would be happy to recommend you as essential to anyone purchasing property in the UAE.".... James Dunne

"I am extremely pleased with the outcome of my mortgage case, having spent the best part of 3 months trying to obtain a mortgage myself, before being recommending to you. I appreciate dealing with banks in UAE is not as straightforward as in the Uk. I would definitely be recommending you to others. ".... Kash Ijaz, UK

"Having attempted with much difficulty to navigate the bureaucratic process of attempting to secure a mortgage in Dubai myself I contacted Chris in Sphere. Although the process was complicated I found their service invaluable and extremely helpful. Chris and his team went the extra mile each time and without having somebody on the ground in Dubai doing the leg work I think I would have given up. Suffice to say that eventually I did secure a mortgage. ".... Andy Gates, Ireland

"I found Chris Allen to be a very easy person to work with. He worked efficiently and had a good understanding of the local procedures. I would highly reccomend his services to anyone looking to borrow from the banks within the UAE.".... Sham Dubai, UAE

"While living in the U.S., I would not have been able to secure and complete the mortgage on my property in a prime location without your support and help. You were available when I needed you, diligent in your follow-up and took some proactive measures to complete the process at the end. I look forward to keeping in touch and will recommend your service to anyone considering a mortgage in Dubai.".... Aftab, USA

"You have been a true gentlemen, generous not only for your undeniable perseverance which must I remind you is a critical requirement should one wish to acquire a loan through the Emirates banking institutes, but also generous in the manner you have handled the case by making so many detours to the Mashreq bank, demanding answers and moving the appropriate loan office in charge of my project." Recomandation Letter .... Alexander, USA