In Dubai, the laws surrounding real estate mortgages are clearly defined to ensure both the lenders' and borrowers' rights are protected. The categories of real estate that can be mortgaged under Dubai's laws are as follows:

1. Residential Properties

• Freehold Properties: These include apartments, villas, townhouses, and other residential units located within designated freehold areas. Both UAE nationals and foreign nationals can mortgage these properties.
  
  

• Leasehold Properties: Residential properties with long-term leasehold rights (usually 99 years) can also be mortgaged. These properties are typically found in areas where full ownership is not available to expatriates but long-term leaseholds are offered.
  
  

2. Commercial Properties

• Office Spaces: Commercial office spaces can be mortgaged, whether they are freehold or leasehold.
  
  

• Retail Units: Shops, retail outlets, and other commercial spaces used for business activities are eligible for mortgages.
  
  

• Warehouses and Industrial Units: These properties, which are often used for storage or manufacturing purposes, can also be mortgaged.
  
  

3. Mixed-Use Properties

• Buildings with Both Residential and Commercial Use: Properties that serve both residential and commercial purposes (e.g., a building with retail outlets on the ground floor and apartments above) can be mortgaged. The mortgage conditions may vary depending on the use.
  
  

4. Land

• Plots of Land: Freehold land plots designated for residential, commercial, or industrial development can be mortgaged. The mortgage terms will often depend on the intended use of the land.
  
  

Legal Requirements and Conditions

• Mortgage Registration: All mortgages must be registered with the Dubai Land Department (DLD) to be legally enforceable. This includes the preparation of mortgage contracts, payment of associated fees, and official registration.
  
  

• LTV Ratios: The Loan-to-Value (LTV) ratio, which determines how much of the property's value can be borrowed, varies depending on the property type and the borrower’s residency status. For example, expatriates typically have a lower LTV ratio compared to UAE nationals.
  
  

Current Trends and Data

• Market Growth: As of recent reports, there has been significant growth in the mortgage market in Dubai, particularly in the residential sector, fueled by attractive interest rates and favorable economic conditions.
  
  

By understanding the categories of real estate eligible for mortgages in Dubai, investors and homeowners can better navigate the financing options available to them, ensuring they make informed decisions that align with their financial goals.