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 14 banks, free.
Weighing Mashreq against the market? We compare its policy and pricing against verified terms from 14 banks — free, commission-free.