Your guide to a hassle-free home loan process Applying for a home loan can be a daunting and complicated process with many potential pitfalls. In the following sections, we will discuss some of the most common mistakes made when applying for a home loan so that you can avoid them. Common obstacles include not researching,… Continue reading Home Loan Guide for UAE nationals
Author: eMortgage
How interest rates can affect your Mortgage in the UAE
Everyone dreams of owning a home and in the UAE, that dream is within reach for many. However, as with any major purchase, it’s important to be aware of the different factors that can affect your mortgage. One of these is interest rates. Interest rates on mortgages in the UAE can vary depending on the… Continue reading How interest rates can affect your Mortgage in the UAE
How to Get a mortgage in Dubai – Full Guide
The UAE offers a wide range of mortgage products that cater to the needs of both local and foreign buyers. Banks in the UAE offer fixed, variable, and Islamic mortgages. Mortgage products are usually available for properties located in Dubai, Abu Dhabi, and the Northern Emirates. However, some banks also offer mortgages for properties located… Continue reading How to Get a mortgage in Dubai – Full Guide
Can You Sell Your House with a Mortgage?
Can You Sell Your House with a Mortgage? Moving house is always exciting. The chance to start anew, expand your social circle and to take some more “me time” are often big reasons why people decide to move. But if you are an expat living in Dubai, you might be wondering how the local rules… Continue reading Can You Sell Your House with a Mortgage?
Can I Change My Mortgage Provider?
Can I Change My Mortgage Provider? Dubai represents a land of ideal opportunities, which is why so many Brits settle in the city every year. However, in a rush to get their dream lives started, it’s easy to forget that every mortgage product and lender is different. Accepting the first mortgage offer you’re given is… Continue reading Can I Change My Mortgage Provider?
What Happens to a Joint Mortgage After a Divorce in Dubai?
What Happens to a Joint Mortgage After a Divorce in Dubai? Many British couples come to Dubai to start a new life, but sometimes, plans just don’t work out. In these cases, the couple may decide that a divorce is the best option. Unfortunately, no divorce is ever truly straightforward, even if it’s an amicable… Continue reading What Happens to a Joint Mortgage After a Divorce in Dubai?
Should I get my Mortgage through my Personal Bank?
For Brits, Dubai can represent the ultimate lifestyle. There are great spots for raising families, excellent career opportunities and the amount of property you get for your money is exceptional. If you buy a property here in Dubai, you’ll have a range of mortgage options to consider. To keep things simple, you might think about… Continue reading Should I get my Mortgage through my Personal Bank?
Can a Married Person Get a Mortgage Without Their Spouse in Dubai?
When you are looking to buy a property in Dubai, there are many different mortgage options you could take, and you should ask your broker as many questions as you feel is necessary to find the right option. One question we get asked by some expats is “Can a married person get a mortgage without their… Continue reading Can a Married Person Get a Mortgage Without Their Spouse in Dubai?
How Conveyancing Works in Dubai for Expats?
How Conveyancing Works in Dubai for Expats? There are many steps involved when you buy a property in Dubai, much like there is when you buy a property in the UK. While arranging a mortgage is a significant part of purchasing a home, so is managing the conveyancing process. As experts in the purchase of… Continue reading How Conveyancing Works in Dubai for Expats?
Should I Get a Sharia Compliant Mortgage or a Conventional Mortgage?
Dubai differs from the UK in many ways. These differences should be celebrated, and immersing yourself in Arab culture can open your eyes to its rich heritage. One thing that does trip up a few British expats though is the difference between Sharia and conventional mortgages. If you aren’t a Muslim, you don’t need to… Continue reading Should I Get a Sharia Compliant Mortgage or a Conventional Mortgage?