Common (Premium and mid- to mid-high-level developments): 60-90% During Construction / 40-10% on completion
Rare cases (Premium and mid- to mid-high-level developments): 40-50% During Construction / 60-50% on completion
Installments with post completion paymentsCommon (mid and mid to mid-high level developments): 50-80% During Construction / 50-20% post completion installments in 2-5 years
Buyer Type | Max Loan-to-Value (LTV) |
---|---|
UAE Residents | Up to 80% of property value |
Non-Residents | Up to 60% |
Commercial Properties | Up to 50% |
Property Type | VAT Applicability |
---|---|
Residential (within 3 years) | 0% VAT (zero-rated) |
Residential (after 3 years) | Exempt (no VAT) |
Commercial (unoccupied or new) | 5% VAT applicable |
Commercial Rent | 5% VAT on rent |
Warehouse & Office Leases | 5% VAT |