home-loan-res
Commercial Mortgage

Finance commercial properties with us

And grow your business

AED 10 Million

High loans

15 years

Loan tenor

Low interest rates

& easy processing

Freedom to finance your commercial space

Mashreq's Commercial Mortgage Loans offers you the flexibility of choosing completed properties such as shops, office spaces,warehouses and other business units
happiness account

Are you ready to apply?

Let's do it

Benefits

High loan amounts
Enjoy loans of up to AED 10 million to complement your business growth.
Longer tenure periods
Conveniently tenure periods of up to 15 years are an attractive proposition. 
Low interest rates
Our interest rates are competitive and beneficial to commercial customers.

The paperwork

Application form
Valid Passport, visa & Emirates ID copy
Income statement

Eligibility

Residence Status
UAE Nationals or Resident Expatriates
Employment Status
Self employed individuals only

Did you know

A mortgage loan which is used to purchase/refinance a commercial property / a non- residential property such as shops, office space, warehouses or a retail space.
You can borrow up to a maximum of AED 10 million for up to a maximum of 15 years.
For Salaried Customers: Minimum: 21 years/ Maximum: 65 years on maturity of loan For Self-employed Customers: Minimum: 21years/ Maximum: 70 years on maturity of loan
Your application will be evaluated using the following criteria:
  • Your income stream
  • Your employment history and stability
  • Your ability to handle current obligations as well as new ones
  • The value of the property being purchased or refinanced
  • Your assets to assess your ability to meet your down payment
Refinance allows you to liquidate the cash value of property. This is available to all residents, expatriates and UAE Nationals.
Yes, at Mashreq we deal with two types of transactions:Full Payment: Where the first purchaser has made a 100% payment to the developer and is selling the property to you. Here the payments would be made to the first purchaser.
A pre-approval would help you determine your eligibility for a Mortgage Loan before you decided to finalize a property.
Yes, both Life Insurance and Property Insurance are mandatory before disbursing the loan.
Property Insurance:The Property Insurance premium is calculated on the cost of the property and is available only through Oman Insurance Company OIC(FOR T&C's click here). The amount of the insurance premium will be debited from your account prior to the final disbursal and each year thereafter. A property insurance certificate will be delivered to you by the insurance company within a month.
Life Insurance:Life insurance is also mandatory from OIC (FOR T&C's click here). Customers with existing life insurance policies through Oman insurance Company, Zurich and Alico have the option to assign* the policy to the bank provided that it meets the following criteria:
  • Policy is more than six months
  • Policy covers the loan value
  • Policy covers the tenure of the loan including the construction period
  • Policy is active and insurance premium is paid up to date
Please Note:- An Assignment Fee will be applicable and a policy can only be assigned at loan origination;- Existing life insurance policies can only be assigned at loan origination.
Please refer to our webpage for service of charges applicable for home loan.
https://www.mashreqbank.com/uae/en/personal/service-charges
*All fees are subject to the sole discretion of Mashreq & may change from time to time.
  • Application form
  • Passport copy with valid visa
  • Last six months bank statements personal and company
  • Liability letter from the bank addressed to Mashreqbank
  • Memorandum and articles of association
  • Audited financial statements of last 2 years
  • Board resolution copy
  • Trade license copy
  • Copy of Chamber of Commerce Registration
  • Business profile on company letterhead
  • Photocopy of Purchase Contract
  • Photocopy of Down Payments
  • Please Note that all information provided here is subject to change. All loans are granted at the sole discretion of the bank.

You may also be interested in

Personal-Loans-for-Emiratis
Home Loan for Residents

It’s easy to own your own home in as little as 10 minutes with Mashreq’s Home Loan for Residents

High loan amount up to AED 10 million

Free pre-approval in as little as 10 minutes

No salary transfer requirement

daily-bac
Homes Loans for Non-Residents

Invest in a UAE property for investment purposes or as a second home. with less paperwork.

Loan to value of up to 50%

High loan amount up to AED 10 million

Loan Tenor of up to 25 years

Download Mashreq Mobile App