mortgage.ly

Mortgage glossary · 17 terms

Property transactions

Purchase, registration, valuation and transfer terminology.

Property transactions terms

English definitions with source-derived Arabic and known wording variants. Arabic text is labelled, not a localized page. Every term carries an inspectable evidence path in the approved precedence — regulator, official bank KFS, bank policy or form, operational material, derived comparison — with the latest verification date shown per term. Bank sources stay anonymized; regulator sources are named and linked.

  1. Equity

    حقوق الملكية

    The difference between the appraised value of the property and the total claims held against it.

    EvidenceRegulatorResearch corpusLatest check 30 Jul 2026

    Evidence path — 2 sources, regulator first
    1. Regulator CBUAE Rulebook — Regulations Regarding Mortgage Loans (Circular 31/2013, as amended), Article 3: Important Ratios — checked 30 Jul 2026cbuae-circular-31-2013-art-3
    2. Research corpus Mortgage.ly research corpus — CBUAE regulation ontology — checked 29 Jul 2026

  2. Freehold property

    التملك الحر

    Property owned outright in perpetuity, financeable without tenure restrictions at most banks.

    Also used:عقارات التملك الحر

    EvidenceBank KFS ×2Research corpusLatest check 29 Jul 2026

    Evidence path — 3 sources, regulator first
    1. Bank KFS Licensed bank Key Facts Statement — anonymized — checked 29 Jul 2026
    2. Bank KFS Licensed bank Key Facts Statement — anonymized — checked 29 Jul 2026kfs-bank-e332c3f6
    3. Research corpus Mortgage.ly research corpus — conventional mortgage ontology — checked 29 Jul 2026

  3. Handover

    تسليم العقار

    The developer's delivery of the completed property, triggering conversion of an off-plan loan to standard amortising terms.

    Also used:Completion handover

    EvidenceBank KFS ×2Research corpusLatest check 29 Jul 2026

    Evidence path — 3 sources, regulator first
    1. Bank KFS Licensed bank Key Facts Statement — anonymized — checked 29 Jul 2026kfs-bank-6db66fbd
    2. Bank KFS Licensed bank Key Facts Statement — anonymized — checked 29 Jul 2026kfs-bank-e332c3f6
    3. Research corpus Mortgage.ly research corpus — conventional mortgage ontology — checked 29 Jul 2026

  4. Last Payment Finance

    تمويل الدفعة الأخيرة

    Financing the final instalment due to a developer on an off-plan purchase; repayments run regardless of construction or handover delays.

    Also used:Last Stage Payment Finance Facilityتسهيلات تمويل المرحلة الأخيرة

    EvidenceBank KFSResearch corpusLatest check 29 Jul 2026

    Evidence path — 2 sources, regulator first
    1. Bank KFS Licensed bank Key Facts Statement — anonymized — checked 29 Jul 2026kfs-bank-6db66fbd
    2. Research corpus Mortgage.ly research corpus — conventional mortgage ontology — checked 29 Jul 2026

  5. Leasehold property

    عقود إيجار طويلة الأمد

    Property held under a long lease rather than freehold; the borrower must keep lease payments current and the interest survives lease termination.

    Also used:Leaseholdالعقارات المستأجرةالوحدات السكنية الخاصة بالإيجار

    EvidenceBank KFS ×3Research corpusLatest check 29 Jul 2026

    Evidence path — 4 sources, regulator first
    1. Bank KFS Licensed bank Key Facts Statement — anonymized — checked 29 Jul 2026kfs-bank-6db66fbd
    2. Bank KFS Licensed bank Key Facts Statement — anonymized — checked 29 Jul 2026
    3. Bank KFS Licensed bank Key Facts Statement — anonymized — checked 29 Jul 2026kfs-bank-e332c3f6
    4. Research corpus Mortgage.ly research corpus — conventional mortgage ontology — checked 29 Jul 2026

  6. Market value

    القيمة السوقية

    The assessed open-market price of the property, the basis for LTV and property insurance (higher of market value or price is used).

    EvidenceBank KFS ×2Research corpusLatest check 29 Jul 2026

    Evidence path — 3 sources, regulator first
    1. Bank KFS Licensed bank Key Facts Statement — anonymized — checked 29 Jul 2026kfs-bank-2fe6dfb3
    2. Bank KFS Licensed bank Key Facts Statement — anonymized — checked 29 Jul 2026kfs-bank-e7499e70
    3. Research corpus Mortgage.ly research corpus — conventional mortgage ontology — checked 29 Jul 2026

  7. Mortgage Registration

    تسجيل الرهن

    DLD service registering a mortgage of any type on a property in favour of the financing entity; fee 0.25% of mortgage value plus AED 250 title-deed issuance and knowledge/innovation fees.

    Also used:Mortgage registration applicationطلب تسجيل الرهن

    EvidenceRegulatorResearch corpusLatest check 29 Jul 2026

    Evidence path — 2 sources, regulator first
    1. Regulator Dubai Land Department — Mortgage registration application — checked 29 Jul 2026
    2. Research corpus Mortgage.ly research corpus — CBUAE regulation ontology — checked 29 Jul 2026

  8. Off-Plan Property

    العقارات التي تشترى قبل الإنشاء

    A property bought from a developer before or during construction; financed up to 50–65% LTV with disbursement linked to construction milestones.

    Also used:Off planOff-plan propertyProperty purchased off plansالعقارات السكنية قيد الإنشاء (على المخطط)العقارات تحت الإنشاءعلى المخطط

    EvidenceRegulatorBank KFS ×3Research corpus ×2Latest check 30 Jul 2026

    Evidence path — 6 sources, regulator first
    1. Regulator CBUAE Rulebook — Regulations Regarding Mortgage Loans (Circular 31/2013, as amended), Article 3: Important Ratios — checked 30 Jul 2026cbuae-circular-31-2013-art-3
    2. Bank KFS Licensed bank Key Facts Statement — anonymized — checked 29 Jul 2026kfs-bank-6a73d4d2
    3. Bank KFS Licensed bank Key Facts Statement — anonymized — checked 29 Jul 2026kfs-bank-e332c3f6
    4. Bank KFS Licensed bank Key Facts Statement — anonymized — checked 29 Jul 2026kfs-bank-7567758d
    5. Research corpus Mortgage.ly research corpus — CBUAE regulation ontology — checked 29 Jul 2026
    6. Research corpus Mortgage.ly research corpus — conventional mortgage ontology — checked 29 Jul 2026

  9. Plots and farm houses

    قطع الأراضي/الأراضي والبيوت الريفية

    Land plots and rural homes, financeable or refinanceable only for UAE nationals (or with select developers for expats in Dubai).

    Also used:Loan plotsقطعة أرض

    EvidenceBank KFS ×2Research corpusLatest check 29 Jul 2026

    Evidence path — 3 sources, regulator first
    1. Bank KFS Licensed bank Key Facts Statement — anonymized — checked 29 Jul 2026kfs-bank-f1775740
    2. Bank KFS Licensed bank Key Facts Statement — anonymized — checked 29 Jul 2026kfs-bank-2fe6dfb3
    3. Research corpus Mortgage.ly research corpus — conventional mortgage ontology — checked 29 Jul 2026

  10. Property Appraisal

    تقييم العقار

    Comprehensive assessment of property characteristics including determination of the collateral's value, by an independent qualified third party before any irrevocable commitment to lend.

    Also used:Valuation

    EvidenceRegulatorResearch corpusLatest check 30 Jul 2026

    Evidence path — 2 sources, regulator first
    1. Regulator CBUAE Rulebook — Regulations Regarding Mortgage Loans (Circular 31/2013, as amended), Article 3: Important Ratios — checked 30 Jul 2026cbuae-circular-31-2013-art-3
    2. Research corpus Mortgage.ly research corpus — CBUAE regulation ontology — checked 29 Jul 2026

  11. Property swap

    استبدال العقار

    Substituting a different property as the mortgage collateral mid-loan, subject to a re-valuation and an administration fee.

    Also used:المقايضة العقارية

    EvidenceBank KFS ×2Research corpusLatest check 29 Jul 2026

    Evidence path — 3 sources, regulator first
    1. Bank KFS Licensed bank Key Facts Statement — anonymized — checked 29 Jul 2026kfs-bank-2fe6dfb3
    2. Bank KFS Licensed bank Key Facts Statement — anonymized — checked 29 Jul 2026
    3. Research corpus Mortgage.ly research corpus — conventional mortgage ontology — checked 29 Jul 2026

  12. Property valuation

    تقييم العقار

    An independent assessment of the property's market value by a bank-approved valuer, required before approval and repeated for swaps.

    Also used:Independent valuationالتقييم العقاريتقرير التقييم العقاري

    EvidenceBank KFS ×5Research corpusLatest check 29 Jul 2026

    Evidence path — 6 sources, regulator first
    1. Bank KFS Licensed bank Key Facts Statement — anonymized — checked 29 Jul 2026kfs-bank-2fe6dfb3
    2. Bank KFS Licensed bank Key Facts Statement — anonymized — checked 29 Jul 2026kfs-bank-e7499e70
    3. Bank KFS Licensed bank Key Facts Statement — anonymized — checked 29 Jul 2026kfs-bank-6db66fbd
    4. Bank KFS Licensed bank Key Facts Statement — anonymized — checked 29 Jul 2026kfs-bank-6a73d4d2
    5. Bank KFS Licensed bank Key Facts Statement — anonymized — checked 29 Jul 2026
    6. Research corpus Mortgage.ly research corpus — conventional mortgage ontology — checked 29 Jul 2026

  13. Provisional Sale

    البيع المبدئي

    DLD registration status for off-plan sales recorded in the interim register before final title transfer.

    Also used:Provisional sale propertiesعقارات البيع المبدئي

    EvidenceRegulatorResearch corpusLatest check 29 Jul 2026

    Evidence path — 2 sources, regulator first
    1. Regulator Dubai Land Department — Mortgage registration application — checked 29 Jul 2026
    2. Research corpus Mortgage.ly research corpus — CBUAE regulation ontology — checked 29 Jul 2026

  14. Ready property

    عقار جاهز

    A completed property that can be mortgaged and occupied immediately, eligible for full LTV and standard disbursement.

    Also used:Completed propertyالعقار المكتملالعقارات الجاهزة

    EvidenceBank KFS ×3Research corpusLatest check 29 Jul 2026

    Evidence path — 4 sources, regulator first
    1. Bank KFS Licensed bank Key Facts Statement — anonymized — checked 29 Jul 2026kfs-bank-f1775740
    2. Bank KFS Licensed bank Key Facts Statement — anonymized — checked 29 Jul 2026kfs-bank-2fe6dfb3
    3. Bank KFS Licensed bank Key Facts Statement — anonymized — checked 29 Jul 2026kfs-bank-e7499e70
    4. Research corpus Mortgage.ly research corpus — conventional mortgage ontology — checked 29 Jul 2026

  15. Resale transaction

    إعادة البيع

    Purchase of a completed property from an existing owner (not a developer), one of HSBC's standard transaction types.

    Also used:Resaleتحويل رصيد إعادة البيع

    EvidenceBank KFS ×2Research corpusLatest check 29 Jul 2026

    Evidence path — 3 sources, regulator first
    1. Bank KFS Licensed bank Key Facts Statement — anonymized — checked 29 Jul 2026kfs-bank-6db66fbd
    2. Bank KFS Licensed bank Key Facts Statement — anonymized — checked 29 Jul 2026kfs-bank-6a73d4d2
    3. Research corpus Mortgage.ly research corpus — conventional mortgage ontology — checked 29 Jul 2026

  16. Self-construction

    البناء الذاتي

    Building a home on one's own plot, financed under government housing programmes (nationals) or construction loans; attracts higher valuation fees.

    Also used:Self-construct on acquired plotsبناء عقار خاص على قطعة أرض خاصةمشروع البناء الذاتي

    EvidenceBank KFS ×4Research corpusLatest check 29 Jul 2026

    Evidence path — 5 sources, regulator first
    1. Bank KFS Licensed bank Key Facts Statement — anonymized — checked 29 Jul 2026kfs-bank-f1775740
    2. Bank KFS Licensed bank Key Facts Statement — anonymized — checked 29 Jul 2026kfs-bank-e7499e70
    3. Bank KFS Licensed bank Key Facts Statement — anonymized — checked 29 Jul 2026
    4. Bank KFS Licensed bank Key Facts Statement — anonymized — checked 29 Jul 2026
    5. Research corpus Mortgage.ly research corpus — conventional mortgage ontology — checked 29 Jul 2026

  17. Under-construction property

    عقار قيد الإنشاء

    A property not yet completed, financed with staged disbursements and interest-only servicing until completion; lower LTV applies.

    Also used:Property under constructionالعقارات قيد الإنشاءتحت الإنشاء

    EvidenceBank KFS ×6Research corpusLatest check 29 Jul 2026

    Evidence path — 7 sources, regulator first
    1. Bank KFS Licensed bank Key Facts Statement — anonymized — checked 29 Jul 2026kfs-bank-f1775740
    2. Bank KFS Licensed bank Key Facts Statement — anonymized — checked 29 Jul 2026kfs-bank-2fe6dfb3
    3. Bank KFS Licensed bank Key Facts Statement — anonymized — checked 29 Jul 2026kfs-bank-6a73d4d2
    4. Bank KFS Licensed bank Key Facts Statement — anonymized — checked 29 Jul 2026kfs-bank-e332c3f6
    5. Bank KFS Licensed bank Key Facts Statement — anonymized — checked 29 Jul 2026kfs-bank-7567758d
    6. Bank KFS Licensed bank Key Facts Statement — anonymized — checked 29 Jul 2026
    7. Research corpus Mortgage.ly research corpus — conventional mortgage ontology — checked 29 Jul 2026