PRYPCO raises $10m in seed funding as it looks to transform real estate financing and Golden Visa registration
mortgage brokerage
Latest in mortgage brokerage
Abu Dhabi real estate
UAE’s mortgage market witnesses surge in refinancing due to rising interest rates
The hardening of interest rates is encouraging buyers to take the leap to ownership by locking-in better long-term rates before it’s too late
business funding
UAE-based proptech startup Huspy receives $37mn in Series A funding led by Sequoia Capital India
Huspy’s Series A round will be used to extensively invest in technology development, double down on growth in the UAE and Spain, and expand across Europe
Allsopp & Allsopp
The importance of a mortgage pre-approval in Dubai’s real estate market
The importance of securing a mortgage pre-approval before beginning the search to buy a property is imperative
e-mortgage system
Dubai-based start-up, Huspy, disrupting home finance industry
Launched in August 2020, the company is starting with a web and app-based licensed mortgage platform offering home financing products with no paperwork involved
Amlak Finance
Dubai’s Amlak expects to restructure $1.2bn with creditors by end of year
Amlak is negotiating new restructuring terms with creditors that will ‘allow more flexibility to adapt to current market conditions’ and boost growth,
Dubai property market
Video: UAE’s mortgage cap explained
Arabian Business’ Shruthi Nair explains the Mortgage Cap rule that was introduced in the UAE in 2013. Most residents of the UAE are highly invested – at least emotionally, if not monetarily – in the countries real estate market.
Dubai real estate market
Revealed: Fixit app aims to help Dubai tenants resolve urgent problems
Dubai-based broker announces new property management system for landlords and tenants