CALCULATOR

How many homes can one home's budget buy?

Enter your budget and target home price. See the difference between buying in cash and using a mortgage with your own numbers.

Your numbers

YOUR CASH BUDGET AED

About USD

TARGET HOME PRICE AED

BANK LOAN-TO-VALUE

For non-residents, usually up to 60% on ready property and 50% on off-plan.

ANNUAL INTEREST RATE%

TERM years

EXPECTED GROSS RENTAL YIELD%

Varies by area. An assumption, not a guarantee.

IN CASH

homes

Total property value: AED
Monthly rental income: AED
Monthly payment: 0 AED
Monthly net: AED

WITH A MORTGAGE

homes

Total property value: AED
Monthly rental income: AED
Monthly payment: AED
Monthly net: AED

Your cash outlay per home with a mortgage

Down payment (%): AED
DLD transfer fee (4%): AED
Agency fee (2%): AED
Mortgage registration (0.25% + AED 290): AED
Bank processing fee (about 1%): AED
Valuation (approx.): AED 3,500
Total: AED

Non-residents cannot add these costs to the loan and pay them in cash. The agency fee applies to ready property and usually not to off-plan.

Let's check these numbers against current bank terms together.

CHECK MY NUMBERS

This calculation is for general information only and is not a loan offer or investment advice. Approval, loan-to-value and interest depend on the bank, your nationality and proof of income. Service charges, maintenance, insurance and vacant periods are not included. A fixed rate of 1 USD = 3.6725 AED is used.