What is 贷款价值比（LTV）?
按揭贷款额与房产评估价值的比率，是UAE央行对迪拜住宅按揭最重要的监管指标之一。外籍人士首套房LTV上限通常为75%（即最低首付25%），二套房起步LTV上限进一步下调至60%。
Description
Loan-to-Value (LTV) is the most widely used metric in mortgage lending. It expresses the loan amount as a percentage of the property's appraised value. For a property worth AED 2M with a AED 1.5M mortgage, the LTV is 75%. Higher LTV means less equity from the borrower and greater risk for the lender, which is why LTV caps exist and higher-LTV loans carry higher rates.
UAE nationals, first home under AED 5M: 80% LTV maximum
UAE nationals, first home over AED 5M: 70% LTV maximum
Expats, first home under AED 5M: 75% LTV maximum
Expats, first home over AED 5M: 65% LTV maximum
Second/investment property: 60%-65% LTV for all buyers
公式
LTV = Loan Amount / Property Value × 100Oliva 如何运用
Oliva's mortgage calculator factors in UAE Central Bank LTV limits based on nationality, property value, and whether it is a first or subsequent purchase. The tool automatically adjusts the required down payment and displays applicable interest rates for each scenario.
How to interpret
LTV is the fundamental risk metric in mortgage lending. A lower LTV means more equity cushion protecting the lender against declining values. For investors, lower LTV means less debt financing and therefore less amplification of returns, but also less risk. Finding the appropriate LTV for a specific property requires balancing the cost of debt, property yield, and personal risk tolerance.
LTV also affects mortgage pricing. Most UAE banks offer better interest rates at lower LTVs because the credit risk is lower. Paying a larger down payment to achieve a lower LTV tier can reduce the mortgage rate enough to partially offset the cost of the larger equity commitment.
迪拜市场背景
The UAE Central Bank's LTV limits are among the most clearly defined in the region, providing transparency for both lenders and borrowers. The tiered structure by nationality, property value, and purchase type reflects the central bank's view of relative risk across these categories. Non-residents and investment property buyers face lower LTV limits because their income and commitment to the UAE market are considered less stable.
Off-plan property financing follows different rules. Many banks will not extend mortgage financing until a property is complete or near completion, requiring off-plan buyers to fund the construction period from equity or developer payment plans. Some banks offer off-plan financing products, but at reduced LTV ratios and with staged drawdown tied to construction milestones.
Frequently asked questions
The ratio of a mortgage loan amount to the appraised value of the property being purchased, used by lenders to assess risk, higher LTV means more debt financing and higher risk.
The standard formula is: LTV = Loan Amount / Property Value × 100. Applying it consistently lets you compare projects on a like-for-like basis, which is the point of the metric.
LTV is the fundamental risk metric in mortgage lending. A lower LTV means more equity cushion protecting the lender against declining values.
The UAE Central Bank's LTV limits are among the most clearly defined in the region, providing transparency for both lenders and borrowers. The tiered structure by nationality, property value, and purchase type reflects the central bank's view of relative risk across these categories.
Oliva's mortgage calculator factors in UAE Central Bank LTV limits based on nationality, property value, and whether it is a first or subsequent purchase. The tool automatically adjusts the required down payment and displays applicable interest rates for each scenario.
Higher LTV means less equity from the borrower and greater risk for the lender, which is why LTV caps exist and higher-LTV loans carry higher rates. UAE nationals, first home under AED 5M: 80% LTV maximum UAE nationals, first home over AED 5M: 70% LTV maximum Expats, first home under AED 5M: 75% LTV maximum Expats, first home over AED 5M: 65% LTV maximum Second/investment property: 60%-65% LTV for all buyers
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This content is for educational purposes only and does not constitute investment, financial, legal, or tax advice. Yields, returns, and market data referenced are historical or estimated and are not guaranteed. Capital is at risk. Seek independent professional advice before making investment decisions. Oliva is a licensed Dubai real estate advisor (DLD Broker Card: 92025, RERA BRN: 1573501). Read our Key Risks Disclosure and Disclaimer.