Affordability Calculator

With a AED 30,000 monthly salary, UAE banks typically approve a mortgage where total monthly debt obligations (including the mortgage) don't exceed 50% of gross income (the DBR — Debt Burden Ratio). That gives you approximately AED 15,000/month for mortgage payments. At current rates (~4.5%, 25 years), this supports a mortgage of roughly AED 2.5 million, meaning a property up to AED 3.1 million with 20% down payment.

There is no minimum salary requirement to buy property in Dubai — you can buy with cash at any income level. For mortgage financing, most banks require a minimum salary of AED 15,000/month (some accept AED 10,000). The practical minimum to afford a property with a mortgage is AED 15,000–20,000/month, which supports a mortgage of AED 1–1.5 million.

For a AED 2 million property with a mortgage: AED 400,000 (20% down payment) + AED 80,000 (4% DLD fees) + AED 40,000 (2% agent commission) + AED 12,000 (mortgage registration, valuation, trustee fees) = approximately AED 530,000 minimum. Budget 27–28% of the property price in total upfront cash. For cash purchases, you need the full amount plus approximately 7–8% for fees.