Frequently Asked Questions

What real estate services do Imkura offer?

Our services include Residential Sales and Leasing, Off Plan properties and Investments, Property Management, and Commercial Sales and Commercial Leasing.

We also support clients with home maintenance, project management, property renovations, design, upgrades, and more.

Can Imkura help me with real estate investments?

Yes. Whether you're looking to invest in a ready property or are searching for an off plan opportunity, our property experts are on hand to help you find the best investments that suit your needs.

Which Dubai communities do Imkura cover?

We cover 100+ communities, including waterfront destinations like Dubai Marina and Emaar Beachfront, highly desirable communities such as Arabian Ranches, Jumeirah Golf Estates, and Dubai Hills Estate, and key tourist locations like Downtown, Palm Jumeirah, and Jumeirah Beach Residence (JBR).

Can Imkura manage my property?

Our Property Management department can take the weight off your shoulders. From leased apartments and villas to entire buildings, we'll take care of general maintenance, repairs, cleaning, and even look after your tenants.

Can foreign investors get mortgage loans to purchase properties in Dubai?

Yes. Foreign investors can get a mortgage up to 50% of the property value, while residents are eligible for up to 80% of the value. However, the borrower needs to submit the required documentation, have the down payment ready, and meet the bank's eligibility criteria to apply for the loan.

Is it possible to get insurance to cover my mortgage payments in the event of an accident, sickness or unemployment?

Yes, insurance is a compulsory requirement for all mortgages in the UAE. Typically, the financial institution providing the funds will ask you to get their in-house life insurance policy to secure the mortgage. This mortgage payment protection insurance is designed to cover your mortgage expenses in the event of unemployment, illness, or accident. We can arrange this all for you.

Can I get a loan for an off-plan property in Dubai?

Yes, getting a loan for an off-plan property in Dubai is possible, but the maximum loan-to-value (LTV) ratio for mortgages on off-plan properties in Dubai is 50%.

Do you require insurance for mortgages in the UAE?

Yes. Many lenders require property insurance to protect the property and the lender's investment. Additionally, life insurance may be recommended to cover the outstanding mortgage amount. We can arrange this all for you.

How long does the mortgage approval process take in Dubai?

The timeline for mortgage approval varies depending on factors such as the lender's processes, documentation, and property type. It can take a few weeks to a couple of months on average.

Do Imkura provide insights into Dubai's real estate market? Absolutely. We'll take every opportunity we can get to inform you of the latest insights, market news, and relevant data. No matter your goal, the best decision is always the one that's backed up by accurate information and professional advice – so leave it to us to keep you in the loop of the current market with guides, market reports and more.
What is a NOC?

Issuing a No Objection Certificate (NOC) for real estate in the UAE ensures no outstanding financial obligations. In real estate transactions, the seller of a residential or commercial property must get a NOC from the property's developer.

How to calculate mortgage affordability?

Your mortgage loan eligibility primarily depends on the bank's policies and your monthly and annual income. Some banks impose a cap on mortgages in Dubai, allowing you to borrow no more than 7 times your annual income (equivalent to 84 months), with total liability repayments not exceeding 50% of your monthly salary.

Other factors influencing mortgage affordability include age, nationality, credit history and employment type.

Why do banks require a security check when getting a mortgage?

The banks usually need a security check to provide a loan in the UAE. The security check safeguards the bank when the borrower fails to pay the instalment. All banks in the UAE ask for a security check as a guarantee when extending any type of credit facility, like mortgages or personal loans.

What is a security check?

Banks usually require a security check to grant a loan in the UAE. It is a guarantee a bank requests while approving any credit. If the borrower fails to repay the debt, the lender has the right to take possession of the property through a legal process.

Do Imkura Real Estate Property Consultants provide a free consultation?

Yes – we're always happy to meet new people and talk about real estate. We offer free consultations through different channels like phone calls, WhatsApp messages, video calls or in-person meetings. Depending on your specific goals we'll get you through to a dedicated specialist.

Get in touch to book your preferred date and time.

Our Network

Our expansive portfolio of partners allow us to go the extra mile for each client with services like Conveyancing Support, Mortgage Solutions, Currency Services, purchasing property using Cryptocurrency and more. If we don't cover something, our trusted partners can help.