UAE homebuyers see faster mortgage approvals as AI automates paperwork

UAE homebuyers are beginning to see faster and more predictable mortgage approvals as artificial intelligence reshapes one of the most time-consuming parts of the home-buying journey: paperwork.

UAE proptech platform Holo has automated several of the most error-prone steps in the mortgage file, from document collection to income verification, giving buyers a cleaner, more accurate application from the start.

The shift is accelerating as the UAE continues to scale its national digital transformation agenda.

UAE mortgages

Supported by initiatives including the UAE Artificial Intelligence Strategy 2031, Dubai’s Digital Government Strategy 2025 and the D33 economic agenda, AI adoption across financial services is rising rapidly.

The UAE AI market is expected to exceed AED170bn ($46.28bn) by 2030, while the country’s proptech sector is forecast to expand from AED 2.24bn ($608.85m) in 2024 to AED5.69bn ($1.55bn) by 2030, recording a 17 per cent compound annual growth rate.

With more than 86 per cent of the population living in urban centres, demand for faster and more transparent digital property services continues to increase.

At Holo, AI-driven automation now supports core parts of the mortgage journey, including:

• Document extraction
• Income and liability verification
• ID matching
• Lender-specific formatting
• Intelligent bank-matching

AI in real estate

These stages have historically caused delays for buyers—particularly first-time purchasers—due to missing paperwork, manual checks or inconsistencies between lender requirements.

Automating these steps reduces back-and-forth communication, lowers error rates and produces more complete, review-ready files for banks.

Holo has already observed faster turnaround times and greater predictability for buyers, especially during the initial review stage where errors once caused significant delays.

Arran Summerhill, Co-Founder and COO of Holo, said: “Paperwork has always been the slowest part of buying a home, and for years it’s been the single biggest source of delays for buyers and lenders alike.

“At Holo, we’re seeing AI finally turn that around. It’s removing the friction points that used to eat up days, the back-and-forth, the manual checks, the missing documents, and replacing them with a cleaner, faster path to approval.

“The exciting part is that this isn’t theoretical anymore; it’s happening in the applications we handle every day. When buyers get clarity sooner and banks get accurate files upfront, the whole system moves with more confidence. This shift is going to make a major impact on the home-buying experience.”

Artificial intelligence usage

AI use in UAE real estate continues to deepen. Machine-learning tools within the property sector have reached up to 92 per cent accuracy in predicting quarterly price trends, reflecting the country’s maturity in deploying advanced analytics.

This infrastructure is now supporting a more seamless mortgage experience, enabling faster document processing for buyers and more consistent files for lenders.

Together, these developments are making the mortgage process significantly faster and more predictable than in previous years, reducing the back-and-forth that once slowed home financing.

As AI adoption expands, the UAE mortgage journey is expected to become even faster, cleaner and more transparent, reflecting the nation’s ambition to build one of the world’s most advanced digital real estate ecosystems.