Mashreq revises mortgage policy — min income, property caps, non-resident buyout to 50% LTV (14 July 2026)
MashreqPolicy
Mashreq has issued a revision to its mortgage policy, effective immediately (14 July 2026). This is a policy update rather than a pricing change — it reinstates minimum income rules and sets fresh limits on property count, eligible locations and non-resident buyouts. Rates are unchanged.
What changed
| Policy area | New rule |
|---|---|
| Minimum income (reinstated) | Salaried AED 15,000 · Self-employed AED 40,000 (no change) |
| Variable income | Capped at a maximum of 100% of fixed income |
| Maximum properties | Up to 4 properties. Financing more than 2 properties with Mashreq is subject to review |
| Eligible locations | Dubai and Abu Dhabi. Abu Dhabi seller-buyout cases considered case-by-case, subject to Operations confirmation |
| Non-resident buyout | Allowed up to 50% LTV, case-by-case subject to Operations confirmation |
What it means for borrowers
- Salaried buyers back in from AED 15,000/month. The reinstated salaried threshold reopens Mashreq to a wider band of applicants than its premium tier (which needs AED 50,000 — see our 10 July pricing brief).
- Portfolio investors have a ceiling. Mashreq will finance up to four properties, but anything beyond two triggers a review — worth knowing before you structure a multi-unit purchase.
- Non-residents can still buy out — up to 50% LTV, though each case needs Operations sign-off. If you’re a non-resident refinancing, we’ll confirm feasibility with the bank before you commit.
- Rates are unchanged by this circular; Mashreq’s current fixed pricing still applies. We compare it against verified rates from 15+ banks, free.
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Need to talk it through? Mortgease's advisory team can help you map this against your specific situation — free, no obligation.
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