Whether you can make overpayments on your mortgage in the UAE depends on the bank that you have taken the home loan with.

Generally, most banks have an allowance to make penalty-free overpayments of up to 50% of the outstanding balance as soon as you take the mortgage. If you are on a fixed rate mortgage, in some cases the bank will only allow overpayments after the fixed rate period has ended.

You mortgage broker will be able to provide more advice on this.

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