What is the maximum applicant age to get a mortgage in Dubai?

What is the maximum applicant age to get a mortgage in Dubai

What is the maximum applicant age to get a mortgage in Dubai?

Understanding the maximum age restrictions is crucial if you’re considering a mortgage in Dubai. A mortgage allows individuals to finance their dream homes by spreading payments over a specific period. However, lenders in Dubai have certain age limits to mitigate risks associated with repayment. In this informative guide, we will explore the maximum age requirements for mortgages in Dubai, the factors that affect these limits, and the regulations set by financial institutions and the UAE Central Bank.

A mortgage is a loan provided by a financial institution that enables individuals to purchase a property by using the property as collateral. The borrower agrees to repay the loan over a specified period, typically in monthly instalments, including interest.

Dubai has a thriving real estate market, attracting residents and investors worldwide. Mortgages play a significant role in enabling individuals to own properties and make long-term investments. However, lenders in Dubai impose certain age restrictions to ensure the borrower can repay the loan.

Maximum Age Restrictions for Mortgage in Dubai

The maximum age at which a borrower can secure a mortgage defines its repayment terms. This limit varies among financial institutions and depends on income, employment type, and loan term.

Financial institutions in Dubai typically set an upper age limit, the maximum age at the end of the mortgage term. This ensures that borrowers can complete their mortgage payments before retirement age. The upper age limit is usually around 65 to 70 years, but it may vary depending on the lender’s policies and the borrower’s circumstances.

Financial Institutions and Their Age Limits

Different financial institutions in Dubai have varying age limits for mortgages. Let’s take a closer look at the age restrictions set by some prominent lenders:

  • Abu Dhabi Islamic Bank (ADIB)
    ADIB imposes an upper age limit of 65 years for salaried individuals and 70 years for self-employed individuals. This means borrowers must ensure their mortgage is fully repaid before reaching these ages.
  • UAE Central Bank Regulations
    The UAE Central Bank regulates the mortgage market and ensures responsible lending practices. While the Central Bank does not specifically set a maximum age limit, it has introduced regulations to safeguard borrowers’ interests and reduce risk for lenders.

Factors Affecting the Maximum Age Limit of a Mortgage in Dubai

Several factors influence the maximum age limit set by financial institutions when approving mortgage applications. These factors include:

  • Salaried vs. Self-Employed
    Financial institutions may have different age restrictions based on the borrower’s employment type. Salaried customers often have more favorable age limits due to the stability of their income.

  • Monthly Income & Salary Certificate Requirements
    Lenders consider the borrower’s monthly income as a crucial factor in determining the maximum age limit. Additionally, they may require salary certificates as proof of income stability.

  • Credit Card Statements & Financial Statements
    Financial institutions may request credit card and financial statements to assess the borrower’s financial health and ability to repay the mortgage.

  • Pre-Approval Processes & Application Forms
    During the pre-approval process, lenders assess the borrower’s eligibility and determine the maximum age limit based on various criteria. Completing accurate application forms and providing necessary documentation is crucial at this stage.

  • Period Before Maturity
    The mortgage term chosen by the borrower also affects the maximum age limit. Opting for a longer-term mortgage can extend the maximum age limit, allowing borrowers to secure a loan.

Other Types of Restrictions on Mortgages in Dubai

In addition to the maximum age limit, there are other mortgage restrictions in Dubai. One such restriction is the maximum loan amount, which varies based on the borrower’s income, property value, and loan-to-value ratio.


Understanding the maximum age restrictions for mortgages in Dubai is vital when purchasing a property. Financial institutions in Dubai impose age limits to ensure borrowers can comfortably repay their loans. Individuals can determine their eligibility and find suitable mortgage options by considering factors such as employment type, income, and loan term. It’s essential to consult with mortgage specialists and explore different lenders’ offerings to find the best solution that meets your needs and financial goals.

At eMortgage, we provide comprehensive mortgage services and expert guidance. Our experienced professionals can help you navigate the complexities of mortgage eligibility, including age restrictions, to secure the right mortgage for your dream home in Dubai.