K|Wise · Glossary
Every mortgage term, in the language of borrowers.
EIBOR, LTV, DSR, DBR, NOC — every acronym that shows up on a UAE mortgage offer, with a one paragraph definition you'll actually remember.
Alphabetical · 2 terms
The dictionary, end to end.
O2 terms
Off-plan
#off-planA property purchased before construction is complete. Off-plan purchases are typically paid in instalments tied to construction milestones, with final drawdown at handover.
Overpayment
#overpaymentAdditional repayments made above your scheduled EMI to reduce the loan balance faster. Most UAE lenders allow up to 20% of the original loan amount per year without penalty.
02 Want the long form?
Read the guides — same plain English, more depth.
The Blog and FAQs unpack these terms in real-world scenarios — fix vs float, refinance break-even, non-resident eligibility, and more.