Tags Mortgages

Tag: Mortgages

UAE Central Bank caps mortgage lending

Mortgage lending regulation allows the country’s banks to provide a loan of up to 80 percent of the property value to UAE nationals and 75 percent to expatriates.

UAE Central Bank announced mortgage-loans limits

The Central Bank of the United Arab Emirates last week approved the decision to increase the recently proposed mortgage-loans limits. Initially, the proposed mortgage...

Mortgages to Foreigners Maybe Capped at 50% of Home Value, Sources

A large number of international media sources report that UAE's Central Bank have issued guidelines restricting mortgages for expatriates to 50 percent of the...

Nine out of ten UAE home buyers now end-users

Nine out of ten home buyers in the UAE are now end-users, representing a significant shift in the country’s real estate sector, according to...

How to avoid mortgage problems

Nowadays banks in Dubai and Abu Dhabi are getting more and more cautious about home mortgage loans. Even consumers with good credit and plenty...

Rosy perspectives for mortgage providers in Dubai

Mortgage providers in Dubai introduce higher quality products Many expatriates in Dubai are now planning to purchase a home. Most of them have been living...

Real Estate Market Stimulus

Prices in Dubai’s residential property segment have posted a minor growth over the past few months, according to a number of research firms' reports....

Banks offer free air tickets with personal loans

Applies to customers availing personal finance of AED 75,000 and above Includes instalment deferment of up to 60 days, free credit life Takaful insurance and...

Value-packed mortgages for resident expats

Interest rates starting from 4.49 per cent (with fixed rate pricing options for up to 7 years) Up to 85 per cent financing Includes free life,...

Real Estate Investors return to Dubai

Number of transactions raise by 20% with 35297 transactions in 2011 Sales and Mortgage for plots hit AED 91 billion Sales and Mortgage for flats hit...

Abu Dhabi Real estate transactions top AED 43b in 2011

Real estate transactions in Abu Dhabi have shown remarkable activities in 2011, with obvious contrasts between size of mortgage and selling transactions

Interest rates on mortgages sliding

The international banking giant HSBC has become the latest lender to cut...