Mortgage Market Report 2021

As we continue to take a leading role in enabling the growth and maturity of the real estate market in the UAE, we’re excited to publish our second annual Mortgage Market Report. We hope to empower home buyers and real estate industry professionals by sharing data, insights and analysis using Mortgage Finder’s transaction data.

The mortgage industry as a whole experienced a record breaking year in 2021 with transaction volumes exceeding previous highs recorded back in 2017 by 26%, according to data from the Dubai Land Department (DLD). The first quarter of 2021 saw the most mortgage registrations ever in a single quarter. Mortgage transaction volumes recorded the highest year on year growth (YoY) seen since 2007, with more than 50% YoY growth and an all time high of 19,524 mortgage transactions, according to DLD data.

As more people from around the world chose to make Dubai their home, we are energised by the growth in organic market behaviour. 82% of our borrowers were first time home buyers and 91% of our borrowers used the mortgage to purchase their main residence.

We hope you enjoy the content of our report and look forward to supporting more home buyers in realising their dream of home ownership.

Download your free copy of the report

A snapshot of the 2021 UAE mortgage market from the largest, independent mortgage consultancy in the country.