The Mortgage in Qatar

Qatar’s Central Bank set laws on mortgage lending, with ex-pat borrowers allowed to spend a maximum of 50% of their monthly salary on mortgage payments and mortgage terms of a maximum of 20 years. In addition, borrowers can only borrow up to 70% of a property’s value. In Qatar, both fixed and variable-rate mortgages are available. Some loans have a fixed rate for the whole period, while others have a lower introductory rate for a specific number of months or years, after which the rate becomes variable.