The mortgage market before deciding whether to pay cash or take out a loan to finance a property purchase. For properties valued less than AED 5M, foreigners can acquire a mortgage loan of up to 80% of the purchase price thanks to Dubai’s mortgage rules. This implies they will need a 20% down payment. There is a little variation in the loan cap for mortgages for off-plan properties in Dubai. Rather than spending all of your income at once, you might conserve some of it by getting a mortgage in Dubai.