What is the mortgageable real estate according to the law?

In accordance with the laws and regulations in force in the Emirate of Dubai, any real estate or real estate unit may be mortgaged as debt security, subject to the following conditions:

  1. Such real estates must be registered at the DLD.

  2. The mortgaged real estate or mortgaged real estate unit must be established and existing insurance mortgage in real or as per a judgment on the map at the time of the mortgage.

  3. The insurance mortgage may be made only on a real estate or real estate unit on which it is valid to transact.

 

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