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Dubai real estate: Home Loan vs. Mortgage – Which is a better property financing option? Experts weigh in

by Sharon Benjamin Wed 29 May 2024Wed 29 May 2024

Dubai experts offer insights on key differences, pros, cons and financial considerations when choosing between home loans and mortgages for property purchases in the emirates booming real estate market

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SAMA said the number of mortgages signed in the first five months of 2019 was 58,809 contract worth 27,019 billion Saudi riyals, compared to about 18 thousand contracts worth 11,680 billion Saudi riyals during the same period last year.

Home loan

Saudi Arabia sees 212% surge in new mortgages in May

by Staff writerSun 30 Jun 2019Thu 7 Oct 2021

Kingdom is aiming to increase home ownership to 70% by 2030

The Ministry of Housing recently launched a programme that facilitates financial government support in order to help citizens enjoy profit from mortgages and raise their ownership rate to 70% by 2030.

Home loan

Saudi bank mortgages tripled in Q1

by Staff WriterTue 30 Apr 2019Thu 7 Oct 2021

The size of funding also grew 133% compared to the same quarter last year