The UAE mortgage sector is being boosted by interest from overseas and non-resident investors
UAE mortgage
Dubai real estate: Is it better to fix a mortgage now or next year? Experts weigh in
Homebuyers are advised to carefully evaluate their financial plans and consider the stability offered by fixed-rate mortgages, experts said
Real estate deals in Dubai hit $490 million on Wednesday
The deals included 344 sales transactions worth AED 1.09 billion, 98 mortgage deals of AED 405.08 million and 16 gift deals amounting to AED 366.51 million
Dubai property deals hit $326.7 million on Monday
The deals included 446 sales transactions worth AED1.07 billion, 85 mortgage deals of AED168.99 million and 29 gift deals amounting to AED34.46 million
Sharjah records $517.3 million real estate transactions in June
This represents 747 sales and 358 mortgage transactions, state news agency Wam has reported, with a total area exceeding 6 million square feet
The increase in interest rate has limited impact on the UAE property market
In response to rising interest rates, UAE banks have started offering long-term fixed rates on mortgages, from 3.5% for up to 5 years
Dubai residential property market transactions reach AED61.9bn despite inflation concerns
UAE’s diversified imports strategy, steps to boost its food security among the reasons for ‘cautious optimism’ when it comes to economic growth
The increase in interest rates has created an all-time high on mortgage applications
Since the beginning of the year, observing the increase in mortgage interest rates has been fascinating to say the least. You would expect the substantial rise to cause a decline in mortgage transaction volumes, however this has not been the case.
Over the course of 2022, we all anticipated interest rates to surge since the US […]
Armed with knowledge: A smarter approach to real estate investment
Here’s how you can pick properties which are ripe for investment, and diversify your portfolio to make it less susceptible to market fluctuations
Real estate buyers face uncertain future as interest rate hike casts spectre on mortgage rates: Experts
Fixed term mortgages are likely to increase in popularity as buyers seek to lock in their mortgage costs amid increasing interest rates
More than 8 in 10 of mortgage borrowers in the UAE are first-time buyers: report
Mortgage Finder processed home loans for buyers from more than 60 different countries in 2021, with nationals from Australia, France, India, South Africa, and the UK being in the majority
A step by step guide to buying property in the UAE
With its strong economic growth, the UAE’s property market has become more appealing than ever to investors and buyers