What is FTV?

FTV, or financing-to-value, also referred to as loan-to-value (LTV), indicates the percentage of a property's price that a lender is willing to finance through a mortgage. For instance, if you are buying a property worth AED 1 million with an 80% FTV, the lender will cover AED 800,000, and you will need to contribute AED 200,000 as a down payment.

Understanding FTV is important for prospective homebuyers, as it influences the amount you can borrow and the size of the down payment required.