Dubai bank introduces first fully digital home loan pre-approval for salaried residents
Tuesday, 20 January 2026
A Dubai-based bank has launched a fully digital home loan pre-approval service, enabling salaried residents earning from Dh15,000 per month to instantly check eligibility and receive same-day approval in principle for property purchases in Dubai and Abu Dhabi.
Key Highlights:
- Digital home loan pre-approval available for residents earning Dh15,000 or more per month
- Browser-based service allows applicants to apply online and receive same-day pre-approval
- Provides a verified approval in principle before selecting a property
- Helps buyers assess borrowing capacity with confidence prior to property search
- Considers income and existing financial commitments, including loans and credit cards
- Total monthly debt capped at 50% of income in line with Central Bank regulations
- First-time salaried expatriate buyers can finance up to 80% of property value
- Requires only Emirates ID, passport, and IBAN for online submission
- Designed to support responsible borrowing and long-term financial wellbeing
- Final approval issued after property valuation and completion of standard checks
