Dubai, UAE — Yubi has launched Yubi Mortgage, its first B2C product in the UAE, connecting homebuyers to over 25 lenders via a single digital platform amid surging mortgage demand. Property Finder data shows AED 8.03 billion in November home loans across 4,400 transactions, with the AED 20,000–40,000 monthly income band driving 38% of requests—up from 30% in October.
Yubi Mortgage Platform Features
Users submit one application for retail, Islamic, commercial, private, and digital banks, with AI handling document verification, eligibility checks, lender matching, and real-time tracking. The platform tackles opaque pricing and repetitive paperwork, benefiting lenders by cutting non-converting applications.
Yubi MENA partnerships support UAE digital transformation, as Dubai mortgage rates hold at 3.7-5.4% for fixed and variable options.
Also read: Dubai Property Boom Broadens Beyond the Wealthy
Sivakumar Rajakkannu, Chief Business Officer at Yubi MENA, said: “This is a defining moment for us as we bring Yubi Mortgage to the UAE. Home ownership is one of the most important decisions people make, and our goal is to make the journey as simple and transparent as possible. We want every mortgage seeker to have access to all prominent lenders and to feel fully supported from the first step to the final approval. Yubi Mortgage reflects our commitment to financial inclusion and showcases how technology, AI, and ML can help people make smarter and more confident decisions.”
Dubai Mortgage Ecosystem Trends
Middle-income professionals (AED 20,000–40,000 monthly) lead with 38% of requests, 85% for owner-occupancy and 15% for investment, per Property Finder November data. Apartments dominate at AED 4.85 billion in mortgages versus AED 31.73 billion sales; villas follow with AED 1.56 billion financed against AED 4.61 billion sold.
Knight Frank notes mortgaged secondary market share rose from 23% to 43% over two years, with Q3 2024 deals exceeding AED 306.3 billion; CBRE reports 18.8% mortgage transaction share in Q1 2025 amid AED 41 billion volumes, up 27%.
Indian Investor Opportunities
Indians, with 23% transaction share and AED 35 billion in 2024 buys, seek 6-8% yields and Golden Visas on AED 2 million+ investments, now aided by Yubi’s remote access amid mid-income mortgage growth. NRIs secure 50-80% LTV with income proof, favoring off-plan at 0.5-1% monthly plans and 8-12% appreciation.
Also read: Mercedes-Benz Places Binghatti City Launches in Dubai Meydan
Yubi, founded in 2020 by Gaurav Kumar, processes $36 billion globally at $1.5 billion valuation.
Yubi Mortgage launch aligns with Dubai’s mortgage expansion to middle-income buyers, where 38% requests from AED 20k-40k earners fuel off-plan and secondary demand amid 105% primary sales growth. For Indians, it streamlines financing in a market offering tax-free yields, but requires RERA verification and LTV awareness under new Central Bank caps.
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