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Trusted Commercial Mortgage Loan in UAE

The purpose of a commercial mortgage loan is to finance the acquisition of a non-residential property. These properties can be warehouses, offices, factory land, shops, or any business property. These loans let businesses fulfill a major asset requirement.

Unlock Growth Potential with Our Commercial Mortgage Loan

Get your business moving forward by using strategic commercial financing. Our Commercial Property Mortgage Loan enables you to optimize your financial strategies for sustained success and growth.

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DISCOVER THE SIRE FINANCE ADVANTAGE

Need Financing for Your Commercial Property? We’ve Got You Covered!

Access financing with complete confidence with our commercial experts.

Get in touch with our experienced team to learn how our competitive commercial mortgage rates can empower your business ventures in the UAE.

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Take Your Business to New Heights with Our UAE Commercial Mortgage Loans

As a reputable UAE mortgage consultancy firm; we understand the importance of finding the right financing solutions for commercial real estate investments. Our mortgage experts offer tailored solutions to assist you in getting the financing you need to expand your business and achieve your commercial property goals.

How Our Commercial Mortgage Solutions Work?

Starting or developing a business? Sire Finance may help with corporate financing and commercial property loans. For faster business expansion, our experts can help you find the right financing solutions.

  1. Pre-screening – One of our mortgage experts will walk you through the requirements and then collect the necessary documents for review
  2. Pre-Approval – Financial institutions will evaluate your documents and then give a pre-approval based on their evaluation.
  3. Property Identification and Bank Evaluation – When the client finds a property through a broker, the bank evaluates it and approves the final loan.Final Approval Review and
  4. Documentation – The client then signs bank documentation after evaluating and accepting the final loan approval.
  5. Transfer NOC from Developer – We will request a No Objection Certificate (NOC) from the Developer.
  6. Loan Disbursement – After receiving the Signed Final Offer Letter and NOC, the bank will then start loan disbursement.
  7. Property Transfer – Finalize the property transfer paperwork with the Land Department to legally transfer ownership.
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Eligibility Criteria for Commercial Property Mortgage Loans in UAE

Depending on the bank and the specific property for which you are seeking financing, the eligibility criteria for commercial mortgages in the UAE may differ. Here are the general requirements set by most banks:

  • Property owners of multiple units
  • Business needs to have been up and running for at least 2 years.
  • At least 2 years of experience as a Managing Partner in a business
  • No check return in the last six months

Get in touch with us today to find out how our commercial financing solutions could help meet your business goals.

Documents Required When Applying for a Commercial Mortgage Loan

As always, submitting the required documentation to the financing institution is the first step in the loan application process. Documents to submit:

Identification:

  • National ID (UAE National)
  • Valid passport with UAE residence visa (Expats)

Documents for a salaried applicant:

  • Employment Proof for the last 3 years
  • Latest Salary Certificate
  • Last 6 Months’ Pay slips
  • Last 6 Months Bank Statements (where salary get credited)

Documents for a self-employed applicant:

  • Company Institutional Documents (Trade License, MOA, AOA, Amendments, Share Certificate, as applicable)
  • Last 3 years Company Audited Financial Report
  • Last 12 Months Company Bank Statement
  • Rental Documents like Tenancy Contract, Title Deed copy, if any

Our Trusted Banking Partners for Commercial Mortgage Loans

We have access to international finance options and prominent banks in the UAE, allowing us to streamline the application process.

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What are the Benefits of a Commercial Mortgage Loan in the UAE with Sire Finance?

Whatever stage your business is in—starting up, growing, or just getting bigger—Sire Finance can help secure the commercial real estate loans and corporate financing you need.

  • Flexible terms and payment plans
  • Competitive interest rates
  • Easy and hassle-free documentation
  • Quick turnaround time

 

Sire Finance has a faster pre-approval process than other financial firms. This can facilitate the acquisition of the loan and enable you to capitalize on time-sensitive investment opportunities more quickly.

Get the right property loans to help your business grow.

Why Choose Sire Finance for Your Commercial Mortgage Needs?

Sire Finance offers commercial real estate financing loans for those who need to finance completed or ongoing real estate projects for investment or business use. Loans for a wide range of business developments are available, such as offices, warehouses, retail outlets, and lease rental discounting.

Expert Team and Integrated Services

We provide seamless mortgage or refinancing services along with expert guidance and support.

Tailored Solutions

Our skilled loan experts can help you choose the perfect financing solution for your investment and business needs.

Transparent Fee Structure

We guarantee transparency in our transactions by fully disclosing any related fees.

FAQs about Commercial Mortgages in the UAE

There are 2 types of Commercial Mortgage in the UAE:

  1. Owner-Occupier Mortgage: The owner-occupier mortgage is utilized by business owners who intend to generate income from the property through their self-owned operation. Thus, the owner-occupier commercial mortgage type includes any mortgage obtained to purchase real estate for commercial use.
  2. Commercial Investment Mortgage: On the contrary, commercial investment mortgages are utilized by applicants who intend to rent out their properties; thus, the sole benefit will consist of rental income.

Yes, expatriates who satisfy the following requirements may apply for commercial mortgages in the UAE:

  • Be a UAE national or resident expatriate
  • Have self-employed employment status

Off-plan UAE properties can be purchased with a commercial mortgage, however the loan-to-value ratio is limited to 50%. Some banks have mortgage application criteria for certain properties and projects.

Commercial loans can be refinanced. Refinancing a commercial mortgage loan enables you to access equity in the property, extend loan terms, and take advantage of lower interest rates.

Commercial property loans are loans extended exclusively for the acquisition of commercial real estate. Therefore, revenue-generating properties must be substantiated by the applicant for commercial loans to be approved.

  • The maximum Loan-to-Value (LTV) ratio is 80%, which requires a 20% down payment.
  • The Debt Burden Ratio (DBR) must not exceed 50%.
  • The maximum term of 15 years
  • Commercial mortgages don’t usually have fixed interest rates.
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