As an international client, you can indeed apply for a mortgage at the handover. Typically, mortgages for international clients cover up to 60% of the property value. However, there are specific eligibility criteria to meet:
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Maintain bank statements with a balance exceeding 25,000 AED for the last 6 months before applying.
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Provide proof of a stable source of income.
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Comply with specified age criteria.
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Present a utility bill in your name from your home country.
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Provide your trade license if you own a company.
Meeting these requirements is crucial for international clients seeking a mortgage. It’s advisable to communicate with the financial institution for a detailed understanding of eligibility criteria and to ensure a smooth application process.