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Can you legally buy property in the UAE with no down payment?

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Asked 9 months ago
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Day of Dubai
Under UAE law, buying property with a zero per cent down payment through a bank mortgage is not allowed. According to the UAE Central Bank’s mortgage regulations (Notice No. 226/2013), buyers must contribute a minimum amount — typically 15–20% for the first property (depending on whether the buyer is an Emirati or expatriate). The rule ensures that banks don’t finance 100% of a property’s value. However, some real estate developers — especially for off-plan projects — may legally offer “zero down payment” or “pay in instalments” schemes, where payments go directly to the developer rather than through a mortgage. These are not bank loans and therefore fall outside Central Bank regulations. Still, experts urge buyers to check the fine print carefully — review payment schedules, handover terms, and ensure there are no hidden finance charges before signing. Would you consider buying property through a developer’s zero-down plan if it means avoiding a bank mortgage?
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