A minimum deposit of 25% is also required for properties financed with a mortgage. The interest rate is usually at around 3-8%, depending on the type of mortgage you choose. It is also worth noting that local rates will change according to any changes made by the US Federal Reserve as the UAE Dirham is pegged to the US dollar.
You will need to provide a copy of your passport to the broker, a 10% deposit to the property agency (never directly to the seller), and a PDC in the name of the broker’s company for the commission.