General Questions

UAE Nationals, UAE Residents & Non-Residents, Salaried and Self-Employed person.

Yes, Sequoia Mortgage have a multiple communication with different real estate company and developers in Dubai.

Yes, Hotel apartment is one of Commercial Financing, there is a selected bank looking with this sector.

Yes Sequoia Mortgage is a mortgage company that works with licensed and reputed real estate brokerage companies. Additionally, our expertise and experience in the business enable you to buy the best property and that within your budget.

  • Dubai Land Department Fee – 4% of the property purchase price
  • Real Estate Broker – 2% + VAT
  • Property Valuation Fee – AED 3,000 (this fee varies with the bank)
  • Land Department Mortgage Registration – 0.25% of the Finance Value
  • Banks Processing Fee – 0% to 1% of Finance Value (varies from bank to bank)
  • Developer NOC Cost – differs from developer to developer
  • Life and Property Insurance – To be indicated by the insurance company

Freehold property is a property that you purchase in full (whether through mortgage or cash). So, you become the owner of the property and also the land on which it sounds. On the other hand, a leasehold property is a property of which you purchase the rights for a specific period, which usually is 99 years.

Yes. Land financing can be provided to help with the plot purchase and to construct on it.

Yes, A husband and wife can become joint applicant on a property. As for the applicant demonstrates the ability to replay the home loan, buying property along with the spouse is possible, even if one of the applicants isn’t working.