Dubai Property Owners Risk Losing Their Homes If They Default on Mortgage Payments Dubai, UAE - With many expatriates buying homes in Dubai, it's important to understand the consequences of defaulting on mortgage payments. Under the provisions of Law No. 14 of 2008 Concerning Mortgage in the Emirate of Dubai and Federal Law No. (5) of 1985 On the Civil Transactions Law of the UAE, if a mortgagor...