Discover the sparkle in your mortgage journey with Gems Mortgage Consultancy.
Gems Mortgage simplifies your home finance journey and finds you the best mortgage deal in Dubai in a few easy steps.
Check your monthly mortgage in less than a minute
Whether you are a first-time buyer or planning to re-mortgage your property, our comprehensive calculator helps you determine the amount you can borrow.     Our Calculator is a free and easy tool used to estimate your monthly mortgage payments. Enter your basic details and let the Calculator do the rest for you.
Mortgage Calculator
The Gems Mortgage Advantages
Gems Mortgage strives to provide the best mortgage solutions to home owners and property
investors.We bring the fine combination of technology and relentless customer service
to its best use in the UAE Mortgage market.
Dedicated Support
Initiate your home financing within seconds and find the best mortgage deal in the market.
Lowest Interest Rates
You can maintain financial management with the help of our cutting-edge technologies..
Diverse Network
From the variety of banks and lenders in our network, select the idea
mortgage choice.
Fastest Processing
Initiate your home financing within seconds and find the best mortgage deal in the market.
Our Partners
We are proudly associated with region’s leading banks and financial institutions.
FAQs
Regarding the deposit, the minimum for an expat purchasing a home is 20%; for a second mortgage, the deposit requirement is 40%. Acquiring property entails certain costs, like real estate agency fees and Dubai Land Department fees. These come to about 7% of the buying price, so that a total of 27% of the cash is needed. Speak with one of our brokers to see if you qualify for a mortgage product that incorporates some of these costs into the mortgage, reducing the amount of cash you must pay up front to about 22-23%. Why you don’t check out our MORTGAGE CALCULATOR to give you an estimate of how much it will be to set up a mortgage!
Pre-approvals take three to five working days for employed applicants and ten working days for self-employed applicants after your complete set of documentation is received (depending on the bank). You then have the opportunity to locate a home within your means. The valuation is required once the MOU is signed, and it should take three to four business days. It takes four to five business days for the final offer letter. The agent will next apply for the NOC from the developer and we will transfer, provided the seller has no outstanding mortgages. In total, as a buyer, you should allow 6 to 8 weeks from the time the MOU is signed until the transfer.
Pre-approval applications are entirely free of cost and are good for 60 days. Banks will simply require the last two months’ worth of documentation to confirm that your employment and financial circumstances have not altered, making it easy to extend a pre-approval.
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