Timely intervention to infuse new funding for projects- When the UAE Central Bank removed a key hurdle that had long limited the ability of banks to fund real estate projects, it also made sure to remain flexible to counter risks of an overheating market. Announced in November, the regulation abolished a ceiling on banks’ Read More...

  Getting onto the real estate is one of the prime decisions one makes in his life and getting a mortgage may seem like an intimidating task, but it’s not that tricky and there are ways you can increase your chances and certainly, it pays to do so prudently. And before committing to a long-term Read More...

    No doubts, off plan purchases are giving worthy alternative options in today’s market with an eye-catching payment plan, together with the resilient security measures taken by the government to protect buyers’ rights. Off plan developments have been steadily budding and are accessible at lesser values. These days all most every developer is offering Read More...

Nowadays, most people opt for a mortgage to buy a property in the UAE, for a very unpretentious reason- mortgage products offered are in the buyer’s interest. But will this endure in 2017? We need to be observant. When we actually plan to step on the property ladder, one need not only to shop for Read More...

  Islamic Finance in Dubai Buying an off plan with a mortgage, buyers have the option to choose between the conventional product and the Islamic finance product in Dubai. Now if we talk about Islamic Finance, indeed has emerged in the market as a stranglehold within the overall Islamic finance region. Islamic Finance works differently Read More...

    While the statistics show that the majority of property purchases in the emirates are done in cash, but definitely the enduring low- interest rate entices the end-users more, as with this they can consider the option of offsetting rising rents with mortgage installments. Since the mortgage is a long- term commitment, it is Read More...

      Buying a new property or refinancing the existing mortgage in the UAE can be confusing, especially when you have a list of home loan products available from both local and international financial institutions. Here are some handy tips which one should consider before taking a mortgage in Dubai.     Shop around Read More...

  The future builds on the foundation of the past. Well, the same has been demonstrated in 2015 and would be chronic in upcoming years, as certain regulations which were restructured in the past by the regulators have started coming into effect.   However, the fundamentals remain strong with the healthy market correction and this Read More...

  Regardless of what you owe, zeroing out the housing costs is a smart move. Sales prices have plummeted as much as 30 to 40 per cent since the year 2011-2012 and current interest rates are at a remarkable low at around 2.99 per cent fixed for 2 years.   As a result, today many Read More...

  Dubai is looming as an international destination for overseas investors. Modern infrastructure, political stability, a cosmopolitan environment, consistently strong economic outlook and a major tourist destination are amidst many contributing factors that entice investors. As per the recent report from the Dubai Land Department, foreign buyers from 123 nationalities invested estimated Dh12 billion of Read More...