Home Loans FAQs

• Repayment period up to 20 years
• Borrow up to 70% of the property value (LTV)
• Highly competitive interest rates
• Available to Self-Employed individuals on attractive terms
• Flexible monthly repayments
• Lifeguard insurance to protect your loved ones.
• Property insurance to protect your building / apartment.

• Qatari National
• Expatriated resident in Qatar

• Qatari National : QAR 15,000
• Expatriates : QAR 15,000

• For Qataris Minimum: 18 years Maximum: 75 years on maturity of loan
• For Expatriates Minimum: 21 years Maximum: 65 years on maturity of loan

• Qataris : QAR 5,000,000
• Expatriates : QAR 4,000,000

• Qataris : The loan tenor can go up to a maximum of 30 years
• Expatriates : The loan tenor can go up to a maximum of 25 years

• The loan process will take an approximate seven working days subject to submission of all required documents.

• The value of the property being purchased or refinanced
• The ability to handle current and new obligations
• Employment history and stability
• Monthly income / salary
• The ability to meet down payment if required

Yes, both Life Insurance and Property Insurance are mandatory before disbursing the loan.

• Property Insurance: The Property Insurance premium is calculated on the cost of the property and is available only through Sharq Insurance to protect your building / apartment
• Life Insurance: Life insurance is also mandatory to protect your loved ones.

• Lease hold apartments are sold at a very convenient prices starting from QAR 1,4 Million (good size and easily rented), such apartments can be owned for 99 years with renewable contracts, the apartment can be repossessed by other parties depending on the outstanding contract tenor.

Lease hold properties should be located within one of the following below investment areas:

Foreign ownership of property in Qatar was granted on June 6th 2004 and is limited to designated developments below area:

• The Pearl Qatar
• Lusail
• West Bay Lagoon

For Salaried Employees:

• Signed and completed application form
• Original Qatari ID card
• Original Passport with valid visa (for Expats)
• Salary Certificate addressed to Doha Bank
• Last six months original bank statements (if salary is being transferred to another bank)
• Liability letter from other bank addressed to Doha Bank (if loan is being transferred from another bank)
• Quotation from developer
• Copy of Sale Purchase Agreement for resale cases

For Self-employed:

• Application form
• Passport copy with valid visa (for Expats)
• Last six months personal bank statements
• Last 12 months business bank statements
• Liability letter from the bank addressed to Doha Bank (if loan is being transferred from another bank)
• Audited financial statements of last 2 years
• Copy of Trade license
• Copy of Commercial Registration
• Rental contract from Government or Private (if rental income is being considered)
• Copy of Sale Purchase Agreement for resale cases
• Quotation

• Damac
• 1st Qatar
• Al Asmakh
• The Land
• UDC
• Sabban L.S
• Capital Invest
• Al Madar
• Dar Investment

• Loan Amount will be made to the developer based on payment schedules mentioned in the purchase contract & the confirmation from the developer on the same. In case of a secondary sale, the payment will be paid direct to the seller after completion of all formalities.

• For Qataris : No
• For Expatriates : Yes

• Yes, it’s mandatory to transfer the salary to Doha Bank in order to approve your home loan

• Yes you need to submit all document in original, and Doha Bank will be the custodian of all the documents which will be returned back to you once the loan is settled along with no liabilities certificate.

• Yes it can subject to that at least one of the borrower have a minimum salary of QAR 15,000

• Yes, it’s mandatory that all owners should be co-borrowers