Tag: Mortgages

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.

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...

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

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

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...

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....

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...

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,...

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...

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

The international banking giant HSBC has become the latest lender to cut interest rates in the UAE. HSBC brought down rates on conventional and...

Abu Dhabi Finance, has launched its first service centre in Al Ain, the Emirate's second city. The service centre was officially opened with...

Three banks in Abu Dhabi have agreed to provide finance to buyers of units at the Dh2 billion Bloom Gardens project, reported Business 24/7. The...

Abu Dhabi's five largest companies: Mubadala Development, Abu Dhabi Commercial Bank, Aldar Properties, Sorouh Real Estate and the Tourism Development and Investment Company, will...

MORTGAGE A written document, in the form of a temporary conditional contract, taken by a lender as security for the repayment of a loan.PRE-APPROVAL A commitment...

Customers of Emaar Properties have been given a breather in terms of extending the time for repayment of mortgages, a senior official of the...