Unlock the value in your property without selling it
If your property has increased in value, you may be able to use part of that built-up equity to access additional funds while continuing to own your home. We compare equity release solutions from leading UAE banks and guide you from your initial consultation to final completion. Our advisory service is completely free.
What is equity release?
Equity is the difference between your property's current market value and the amount you still owe on your mortgage. An equity release mortgage allows you to convert part of this value into available funds without selling your property.
The amount available depends on your property's valuation, outstanding mortgage balance, income and the bank's lending policy.
Depending on your eligibility and the lender's criteria, you may use the released funds for purposes such as:
- Purchasing another property
- Home renovations or improvements
- Business investment
- Education expenses
- Personal financial planning
- Other approved purposes
Why consider equity release?
Access funds without selling
Unlock part of your property's value while continuing to own and occupy it.
Invest in new opportunities
Finance another property purchase, expand a business or support other investment plans.
Home improvements
Released funds can be used to renovate or upgrade your property, subject to the lender's terms.
Greater financial flexibility
Additional liquidity for major life events or future financial goals.
Who may be eligible?
Eligibility varies between lenders, but banks generally consider:
Property ownership
You must own a property that meets the lender's financing requirements.
Property value
The available equity is based on the property's current market valuation.
Income assessment
Banks review your income and financial commitments to determine affordability.
Credit profile
Your credit history and repayment record are considered during the application.
Outstanding mortgage
If your property already has a mortgage, the remaining balance is considered when calculating available equity.
Our equity release process
- 01
Free consultation
We discuss your objectives, review your property and explain how equity release works.
- 02
Equity assessment
We evaluate your property's estimated value, any outstanding mortgage and borrowing potential.
- 03
Compare UAE banks
We compare suitable equity release products from multiple UAE lenders to match your needs.
- 04
Application & approval
We assist with documentation, coordinate with the lender and guide you through approval.
- 05
Funds released
Once the mortgage is completed, the approved funds are made available per the lender's terms.
Documents you may need
The required documents vary by lender and applicant profile.
Salaried applicants
- Passport
- Emirates ID
- Valid UAE residence visa
- Salary certificate
- Recent salary slips (where required)
- Personal bank statements
- Property title deed
- Existing mortgage statement (if applicable)
Self-employed applicants
- Passport
- Emirates ID
- Valid UAE residence visa
- Trade licence
- Company bank statements
- Personal bank statements
- Financial statements (where applicable)
- Property title deed
- Existing mortgage statement (if applicable)
Your mortgage advisor will provide a personalised document checklist before you apply.
Things to consider
Before proceeding, it's important to understand both the benefits and the associated costs. Depending on the lender and the transaction, these may include:
- Property valuation fees
- Bank processing fees
- Mortgage registration charges
- Administrative costs
- Insurance requirements
- Other lender-specific fees
We'll help you understand the overall costs so you can make an informed decision.
Why choose Miracle Keys Mortgages?
- Access to equity release solutions from multiple UAE banks
- Independent mortgage advice tailored to your needs
- Clear explanation of available options and costs
- Dedicated support throughout the application
- Professional guidance until completion
- Completely free mortgage advisory service
Frequently asked questions
What is equity release?+
Equity release allows eligible homeowners to borrow against the equity they have built up in their property without selling it.
How much equity can I release?+
The available amount depends on your property's current market value, any outstanding mortgage balance, your income and the lender's financing criteria.
Can I release equity if I already have a mortgage?+
In many cases, yes. The lender will assess your remaining mortgage balance and determine whether additional financing is available.
What can I use the funds for?+
Subject to lender approval, the funds may be used for property investment, renovations, education, business purposes or other personal financial needs.
Is your mortgage advisory service free?+
Yes. Our service is completely free — from your first consultation through to the completion of your equity release mortgage.
Ready to unlock your property's value?
If you're considering using the equity in your property, our experienced advisors will compare options from leading UAE banks, explain the process clearly and guide you every step of the way.