Mashreq non-resident eligibility update: AED 40K salary and revised LTV bands (27 August 2026)
A Mashreq broker eligibility update received on 27 August 2026 indicates tighter working criteria for its non-resident salary route: AED 40,000 minimum salary, maximum 60% LTV where finance is up to AED 5 million, and 50% above AED 5 million. This is an eligibility update, not a rate change.
Important source distinction: Mashreq’s public home-loan page still shows broader starting criteria. The figures below come from an operational broker circular and should be reconfirmed for the applicant’s exact route before submission; the bank’s written approval and offer always control.
What the broker update says
| Non-resident criterion | Working rule in the 27 August update |
|---|---|
| Minimum salary | AED 40,000 per month for the non-resident salary route |
| Finance amount up to AED 5 million | Maximum 60% LTV |
| Finance amount above AED 5 million | Maximum 50% LTV |
| Bank statements | Six months required |
| Minimum-balance test | The applicable balance criterion must be met in at least four of the last six months |
Why you may see different Mashreq numbers online
When checked on 27 August 2026, Mashreq’s public home-loan page said minimum monthly income starts from AED 15,000, or average monthly balances start from AED 25,000 for non-residents. It also used a general headline of financing up to 80% of property value. That public page did not publish the route-level 60% and 50% bands in the broker update.
These statements are not safe to combine into one universal promise. Public pages are broad marketing summaries; broker circulars can describe a particular underwriting route or a newer operational rule. Mortgease will therefore confirm which route applies to your nationality, income source, banking history, requested finance amount and property before treating a figure as available.
What non-resident applicants should do now
- Prepare a clean six-month banking trail. The update makes the statement history and the four-out-of-six-month balance test important to initial screening.
- Calculate LTV using the finance amount as well as property value. Crossing AED 5 million of finance can move the working cap from 60% to 50%.
- Do not commit based only on a website headline. Ask for current route confirmation before paying a non-refundable deposit or assuming a particular down payment.
- Compare the wider market. If Mashreq’s route does not fit, a different UAE lender may assess the same non-resident profile differently.
Source and status: Mortgease broker eligibility circular received 27 August 2026; public-page comparison checked the same day. This brief reports working eligibility intelligence, not a guaranteed approval, legal advice or a change to Mashreq’s advertised mortgage rates.