With Al Etihad Credit Bureau (AECB) in place, every mortgage lender looks at your credit report to check the current financial situation and borrowing history, which indicates them to work out how much they can lend, and whether they can trust you to pay it back. It also empowers to have superior pricing of loans, Read More...
To grab the best mortgage deal, discuss with different lenders and find out how much you qualify for. For an initial assessment, the bank will need the borrower’s income and debt details, down payment, credit report, and other required documents. In UAE banks have a blend of a fixed rate followed by an Read More...
Buying a commercial real estate is a complex proposition, where sometimes become challenging even for experts to maximize their investment value. Henceforth, comprehending below concerns can help to make an efficacious acquisition. Understand the matrix When deciding to buy a commercial real estate, it is important to do some homework, to understand the Read More...
The Dubai real estate is relatively a mature marketplace and gives an opportunity to build wealth and establish the financial security. The current economic condition offers perhaps the best chance for home buyers and investors to appreciate the long-term cyclical nature of the real estate market. Deciding whether to buy or lease a home 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...
I bought a hotel apartment at Business Bay. Currently, it’s an off plan project and the handover is in 2019. The SPA is being stamped by the developer. I paid Registration fees and 30 percent of the flat amount. Can I know my options to finance remaining amount? Certainly, the finance 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...
The loan-to-value (LTV) is basically the percentage of the loan amount to the appraised value of the property. The LTV is an offering ratio that financial institutions study before approving a mortgage and is calculated by dividing the sum of your loan into the total value of your property. For example, if Read More...
Buying your dream home in Dubai or investing in Dubai Properties, here are some crucial pointers to help on your way. Plan your Finance, before you start browsing out your option in the market, it’s crucial to answer few questions, how much you can afford, how much you can borrow and what will be Read More...