UAE expat mortgages need 25% down payment and 6+ months of statements. Pull what the bank underwriter actually checks from your ENBD PDF.
Convert for your mortgage applicationThe CBUAE caps loan-to-value for first-property purchases at 80% for UAE nationals and 75% for expatriates — a minimum 25% down payment for expats and 20% for nationals on properties below AED 5 million. Above that price, the down payment goes higher. RERA-registered developers and the bank's own underwriting team both need a statement that proves where the down payment came from.
Emirates NBD is one of the largest mortgage lenders in the UAE, alongside Mashreq, ADCB, FAB, and the Islamic finance houses. Whether you are applying to ENBD or to another lender, your salary account statement is the underwriter's primary read on income and savings behaviour over the past 6 to 12 months.
Seasoning means the down payment has been in your account long enough — typically 60 days minimum — to rule out that you borrowed it from another source. UAE underwriters trace large credits backward: a sudden AED 500,000 inflow two weeks before the application gets flagged unless you can document the source (asset sale, gift from family, transfer from another seasoned account).
Emirates NBD statements show inbound transfers with the sender's IBAN and SWIFT BIC where applicable. Kashfbank keeps the full descriptor so you can trace each large credit back to its origin and supply the supporting document — sale and purchase agreement, gift letter, prior statement from the source account.
Six months of WPS salary credits with consistent monthly timing is what the underwriter wants to see. End-of-service gratuity entitlement adds to your liability cover but does not show on the statement directly. Existing debts — personal loan EMIs, credit card minimums, auto finance instalments — come straight off the affordability calculation.
English-dominant PDF. Dates in DD/MM/YYYY format. Multi-currency statements show AED and foreign currency amounts in parallel columns. Digital QR code on official statements for authenticity. Transaction labels prefixed with channel codes: POS-, ATM-, TRF-, IB- (internet banking). Page breaks may split single transactions across pages in long statements.
| Label | Meaning |
|---|---|
| POS-PURCHASE- | Point-of-sale card payment at a merchant |
| ATM WITHDRAWAL | Cash withdrawal from ATM |
| SALARY CREDIT | Monthly salary deposited via WPS or direct transfer |
| SALIK | Dubai road toll deduction (Salik RFID system) |
| ETISALAT / du | Telecom bill payment to UAE mobile operators |
UAE mortgage applicants must show 6 months of statements; CBUAE's maximum loan-to-value is 80% for UAE nationals and 75% for expatriates for first properties below AED 5M.
Request a 6 to 12-month ENBD statement
Open ENBD Mobile. Generate a 6-month statement for standard applications, or 12-month for jumbo/non-standard files. The QR-authenticated PDF is what the bank will accept. Upload it to Kashfbank.
Trace the down payment
After conversion, filter to inbound credits over a threshold (say AED 50,000) and check each one has a 60+ day seasoning window before the application date. Anything inside the 60 days needs a supporting document.
Calculate affordability
Sum monthly recurring debits (loan EMIs, insurance, school fees, utilities). UAE underwriters target a total debt-burden ratio under 50% of net salary, including the proposed mortgage instalment. Kashfbank's Category column makes this a sum, not a manual count.
Submit both PDF and your prepared notes
Lenders want the original ENBD PDF. Use the Excel to prepare any explanations the underwriter will ask for — the source of a one-off large deposit, a missed WPS month, a closed credit card.
Common challenges
Does Kashfbank work with Emirates NBD's QR-authenticated PDF?
Yes. The QR code is a verification feature for the bank, not a barrier to text extraction. We read the underlying transaction data and preserve the QR-bearing original PDF for you to submit unchanged.
I am buying with cash from a family gift. How do I prove the source?
Provide a signed gift letter from the donor stating the funds are non-repayable, alongside the ENBD statement showing the deposit date and the prior statement from the donor's account showing the funds existed before the gift. Kashfbank identifies the gift row by date so the document set lines up cleanly.
What about multi-currency accounts — my savings are in USD?
Emirates NBD multi-currency accounts show AED and foreign currency in parallel columns. Kashfbank gives each currency its own sheet, so the underwriter sees the USD savings balance and the AED salary trail in the same workbook.
I want a Sharia-compliant mortgage. Does this still apply?
Yes. Emirates Islamic and Dubai Islamic Bank offer Ijara and Murabaha home finance with the same underwriting requirements — 6 months of statements, 25% expat down payment, seasoning checks. The product structure differs; the document set is the same.
How does the converted Excel help if the bank reads the PDF anyway?
The bank reads the PDF, but the conversation with the relationship manager goes faster if you have already calculated your DBR, identified any large credits, and prepared explanations. The Excel is for the conversation; the PDF is for the file.
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Regulator: Central Bank of the UAE (CBUAE)
Fiscal year: Jan 1 – Dec 31 (Gregorian)
Full country guide →Statement language: English