A regulatory ceiling on how much a bank will lend against a property, expressed as a loan-to-value limit; the UAE caps expat first-home LTV around 80 percent, shaping deposit requirements.
Related terms
- Owner association
A body of unit owners responsible for managing and funding common areas.
- Post-handover payment plan
A financing structure allowing buyers to keep paying after taking possession.
- Price per square metre
The unit price benchmark for buying or valuing residential space, the standard comparison metric across Gulf and Egyptian markets (versus price per square foot…
- Ready property
A completed unit available for immediate occupation, as opposed to off-plan.
- Ready property vs off-plan
The distinction between a completed unit available for immediate handover and one sold before or during construction; off-plan offers lower entry prices and pa…
- Rent-to-income ratio
The share of a household's gross income spent on rent; lenders and policymakers use it as an affordability gauge, with anything above roughly 30–40 percent see…
- Second home
A property bought for leisure or occasional use rather than a primary residence.
- Social housing
Housing provided or subsidised by government or non-profits for households who cannot access the open market, allocated by need rather than ability to pay.