Frequently asked questions.
Plain answers to the questions we hear every day. Still unsure? WhatsApp your advisor.
How much can I borrow in the UAE?+
UAE Central Bank caps LTV at 80% for first-home residents under AED 5M (85% for UAE nationals), 65% for second homes, and 50–60% for third+ properties. Your Debt-Burden Ratio cannot exceed 50% of your income.
Does Wizhull charge a fee?+
We are paid by the bank when your mortgage closes. Our service to you as a buyer is free.
What documents do I need to get pre-approved?+
Emirates ID / passport, last 3 months of bank statements, salary certificate (if salaried) or trade licence (if self-employed), and a rough property price range.
How fast can you get me pre-approved?+
Most files are approved within 3–5 working days. Our 60-minute pre-approval track fits cases where income, residency, and credit file are clean.
Do you work with non-residents?+
Yes. We have direct non-resident facilities with DIB, NBD, Arab Bank, and a few others — rates usually sit 30–50 bps above resident pricing.
Can I switch banks mid-mortgage?+
Yes — it is called a buyout / balance transfer. We regularly save clients 30–70 bps when rates drop or their profile strengthens.