Frequently asked questions

FinHomz is a premier independent mortgage advisory firm based in Dubai. We help UAE residents and expats secure the best mortgage rates by comparing offers from over 20 leading banks, handling the process from pre-approval to final handover.

Yes, our consultation and mortgage advisory services are completely free for our clients. We are remunerated directly by the banks once your mortgage is successfully disbursed, meaning absolutely no hidden fees for you.

We partner with over 20 top-tier UAE financial institutions, including Emirates NBD, ADCB, FAB, Dubai Islamic Bank, Mashreq, and HSBC, to ensure you get the most competitive rates and terms available in the market.

A pre-approval typically takes 48 to 72 hours once all required documents are submitted. The complete process, from signing the sales agreement to the final property transfer, usually takes between 3 to 4 weeks.

Standard documents include your Passport, Emirates ID, Visa, 6 months of bank statements, and a salary certificate (for salaried employees) or trade license and audited financials (for self-employed individuals).

By UAE Central Bank regulations, for expats buying their first property in the UAE valued under AED 5 million, the minimum down payment is 20%. For UAE Nationals, the minimum down payment is 15%.

Absolutely. Expat mortgages are very common in the UAE. You will need a valid residency visa and proof of stable income to qualify for up to 80% financing.

Rates vary based on your financial profile and market conditions, but highly competitive fixed introductory rates currently start from around 3.49% to 4.2% for the first 1 to 5 years.

A fixed rate provides payment security and protects you from market fluctuations for a set period (usually 1-5 years). A variable rate is linked to the EIBOR and fluctuates. We generally recommend locking in a fixed rate for initial peace of mind.

While our advisory service is free, buying property involves standard UAE fees: a 4% DLD (Dubai Land Department) fee, a 2% real estate agency fee, a mortgage registration fee (0.25%), and bank valuation fees. We provide a fully transparent cost breakdown from day one so there are no surprises.