Remortgage & equity release
Raising funds against a property you own, either by remortgaging or by borrowing against an unencumbered property.
- Free initial conversation
- Lenders compared for you
- +971 4 871 4341
- ValuationBased onThe lender’s current valuation, not asking prices nearby
- LTV capsFinance limitsUAE loan-to-value limits apply to the total borrowing
- 50%Debt-burden capYour income must support the larger loan
- AskedPurpose of fundsLenders ask what the money is for
Typical figures under UAE Central Bank rules and common lender practice. Your lender’s criteria apply; we confirm what applies to you.
Remortgage & equity release: everything you need to know
Raising funds against a property you own — how much you may access, what lenders ask and the long-term cost. 2 min read
Overview
Equity release lets you borrow against the value you have built up in a property. You can do it on a mortgage-free home (a cash-out mortgage) or by increasing an existing mortgage (remortgage with top-up). Owners use it to fund another purchase, renovation, a business or other major costs.
How much equity you can release
Available equity = (lender’s valuation × permitted loan-to-value) − any existing mortgage. Loan-to-value limits follow UAE rules and lender policy, and lenders may apply lower limits to cash-out loans.
| Example | Amount (AED) |
|---|---|
| Current valuation | 3,000,000 |
| Lending at 60% loan-to-value | 1,800,000 |
| Less existing mortgage | (800,000) |
| Possible release | 1,000,000 |
What lenders consider
- Your income and the 50% debt-burden ratio, including the larger loan.
- The purpose of the funds — some uses are treated differently.
- The property type, location and condition.
- Your age and the remaining term available.
Step by step
- 1Estimate
We estimate available equity and the monthly cost of the larger loan.
- 2Apply
Income documents, title deed and any existing mortgage statement are submitted.
- 3Valuation
The bank’s valuation sets the final amount available.
- 4Registration and release
The mortgage is registered at the DLD and funds are released.
Is this the right route for you?
If one of these sounds like you, this service is a good starting point. If not, we will point you to the option that fits.
- 1Owners of mortgage-free property
- 2Owners whose property value has increased
- 3Investors funding a further purchase or renovation
Worth knowing
Borrowing more secured against your property increases your long-term commitment.
Available equity depends on the lender’s valuation, not the asking price of similar homes.
What to consider first
- 01
Estimate available equity realistically
Available equity is the lender’s valuation multiplied by the permitted loan-to-value, minus any existing loan. Valuations can come in below expectations.
- 02
Be clear on the purpose
Lenders look at what the funds will be used for, such as a further purchase or renovation, and may treat uses differently.
- 03
Weigh the long-term cost
Borrowing more against your home increases your commitment and the interest you pay over time. Compare against other ways to raise funds.
Documents lenders usually ask for
You don’t need any of these to make an enquiry. We’ll confirm exactly what your lender needs.
- Passport, residence visa and Emirates ID
- Salary certificate and recent payslips
- Six months of bank statements showing salary credits
- Details of existing loans and credit-card limits
- Title deed and any existing mortgage statement
- Explanation of how the funds will be used
It depends on the lender’s valuation, the loan-to-value limits that apply and your affordability. We outline a realistic range once we know the property details.
Often yes, though lenders may apply lower loan-to-value limits and assess rental income differently.
Typically a few weeks, depending on valuation and registration timings.
Some lenders allow it, with stricter criteria and lower limits.
No. The initial conversation is free and does not commit you to anything. Any fees that apply later are explained before you decide to proceed.
No. A pre-approval is issued by the bank after an initial assessment and is conditional. A final offer depends on the property, its valuation and the lender’s full review.