Category: Mortgage in Dubai
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HOW TO BUY PROPERTY IN DUBAI FROM THE UK
Dubai continues to attract property buyers from all over the world. One of the most noticeable trends in recent years is the strong interest from international investors—particularly from the UK. British buyers see Dubai as a high-return, tax-friendly market with strong infrastructure and global appeal. The best part? You don’t need to have the full…
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ISLAMIC MORTGAGE DUBAI: EVERYTHING YOU NEED TO KNOW
Islamic financing or an Islamic mortgage in Dubai or the UAE is a method of conducting financial transactions that steer clear of ‘Riba,’ or interest, which is strictly prohibited under Sharia law. Islamic financing focuses on risk-sharing between the parties involved, ensuring that the financial burden and benefits are distributed more equitably. Let’s understand the…
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LOAN AGAINST PROPERTY: UNLOCKING EQUITY IN DUBAI
Investing in real estate in Dubai isn’t just about enjoying impressive returns on investment; it also opens doors to unique financial opportunities that many overlook. One such opportunity is taking a loan against your property in Dubai. This strategy allows you to leverage your existing real estate to access substantial funds, which can be used…
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IS 2024 A GOOD TIME TO BUY PROPERTY IN DUBAI?
Dubai’s luxurious and vibrant lifestyle has long been a magnet for real estate investors. Even though the pandemic posed challenges, Dubai’s real estate market has continued to be a prime destination for global investors. After all, people don’t want to miss out on capitalizing on the land of fine living and modern architecture. With UAE’s…
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MINIMUM CREDIT SCORE FOR MORTGAGES IN THE UAE
Securing a mortgage in the UAE requires a good credit score, much like in other countries. However, the specific minimum credit score for a mortgage in UAE can be confusing due to varying lender requirements and a lack of clear information. Moving forward, we’ll clarify the minimum credit score needed for home loans in the…
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IMPACT OF ECONOMIC FACTORS ON MORTGAGE RATES IN UAE
Mortgage rates in UAE are influenced by a complex interplay of domestic and international economic factors. These rates are crucial for both potential homeowners and investors to understand, as they significantly affect the affordability of mortgages and the overall real estate market dynamics. Let’s understand the various economic factors that impact mortgages in the UAE.…
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FIXED VS VARIABLE INTEREST RATE DUBAI MORTGAGE
Stepping into the world of homeownership is an exciting journey, filled with important decisions that shape your financial future. One of the most critical choices first-time homebuyers face is selecting between fixed and variable interest rates for their mortgage. This decision not only affects your monthly payments but also the total amount you’ll pay over…
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EXPECTATIONS VS REALITY : COMPARING UAE MORTGAGE CALCULATORS TO ACTUAL OFFERS
Comparing mortgage calculator results with actual mortgage offers in the UAE can be quite insightful for understanding how much you might end up paying for a mortgage, but it’s important to approach these comparisons with a nuanced perspective. In this guide, we delve into the nuances that distinguish calculator predictions from real-world mortgage proposals, shedding…
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HOW TO USE A MORTGAGE CALCULATOR IN THE UAE
Embarking on the journey of property ownership in the bustling real estate landscape of the United Arab Emirates (UAE) demands a keen understanding of your financial commitments. At the heart of this endeavour lies a potent tool: the UAE mortgage calculator. This digital ally empowers potential homebuyers to not just gauge affordability, but to meticulously…
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EARLY MORTGAGE PAYOFF : STRATEGIES TO HELP YOU SAVE
Have early settlement fees ever made you think twice about paying off your mortgage in Dubai? You’re not alone in facing this dilemma, as many homeowners grapple with the frustration of unexpected charges that make early repayment seem less appealing. This common challenge can turn the dream of financial freedom into a complex puzzle, filled…