GET A MORTGAGE NOW
Your questions about property mortgage answered!
What is a mortgage?
A mortgage is a loan from a bank that helps you purchase a home. You then pay the mortgage plus interest back in monthly Instalment over a set number of years.
Who can get a mortgage in Dubai?
Banks in the UAE can lend to:
Residents (UAE nationals & expats)
Non-residents
Salaried
Self-employed
How much can I borrow from banks in Dubai?
85% if you...
GET YOUR FREE REAL ESTATE TRAINING NOW
STEP BY STEP GUIDE TO BUYING OFF-PLAN IN DUBAI
1- Decide what you are looking for.
When buying off-plan, you will not be able to physically view the property itself but you will benefit by making this type of investment, because: - Best Price: The opportunity to choose the best unit at the lowest possible price for the project, maximising the returns on your investment. - Profit Opportunity: Investors can sell prior to project...
GET YOUR FREE REAL ESTATE TRAINING NOW
STEP BY STEP GUIDE TO BUYING REAL ESTATE IN DUBAI
1- Figure out what you can afford.
Remember for buyers there is a 2% agency fee and a 4% transfer fee to take in to account when it comes to any purchase. Are you planning to mortgage? Then you will most likely need at least 25% of the property as a down payment. You will also be paying interest on your loan which varies, but is around 3-4% depending on length of loan and bank....
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