Refinancing is the process of taking out a new loan to pay off an existing loan. Refinancing a mortgage in the UAE can be a great way to save money on your monthly payments or to get cash out of your home equity. Many different lenders offer mortgage refinancing in the UAE, so it is… Continue reading Refinancing Mortgage in the UAE: Types, Benefits, FAQs, Documents Required & more
Author: eMortgage
Getting a Mortgage Loan in Dubai: Features, Benefits, Documents Required and more..
Mortgage Loans are a boon for those who are looking to invest in property in Dubai. A secured loan helps you buy a property by providing you with the required finances. Mortgage loans are a good way to get affordable financing for your property purchase. It’s best to look for one-stop shops for getting… Continue reading Getting a Mortgage Loan in Dubai: Features, Benefits, Documents Required and more..
Are Post-Handover Payment Plans: Risky for Buyers?
In the age of rising property prices, buyers are increasingly turning to post-handover payment plans, which is labeled as a good shortcut. Developers offer attractive terms, making it an excellent avenue for those who can’t afford to pay up-front for the property they want. However, post-handover payment plans come with a certain degree of risk… Continue reading Are Post-Handover Payment Plans: Risky for Buyers?
What are the Average Salary Requirements for Loan Against Property as an Expat in Dubai?
If you’re an expatriate or an international investor looking for a great return on investment, Dubai should be at the top of the list. With its lively cultural scene, business-friendly atmosphere, and wealth of amenities, there’s no better time to invest in this booming Emirate. But what’s the average salary required to get a loan… Continue reading What are the Average Salary Requirements for Loan Against Property as an Expat in Dubai?
Your Three-Step Guide to Calculating Cash-out while buying a home through a mortgage
Are you considering buying a home through a mortgage company and need to know how to calculate your cash out? We understand where you’re coming from. As an aspirational homeowner, you must do your research and estimate its costs in the long run. Calculating cash-out refinancing when purchasing a home can seem tricky at first,… Continue reading Your Three-Step Guide to Calculating Cash-out while buying a home through a mortgage
How can a Non-Native Investor Get a Mortgage in Dubai?
While foreigners can work, live and own property in the cosmopolitan city of Dubai, applying for a mortgage as an expat can be daunting. There are many regulations to take into account before you start filling out your application with one of the available banks and loan providers in Dubai. This guide will cover… Continue reading How can a Non-Native Investor Get a Mortgage in Dubai?
Expats Guide to Getting a Property Mortgage In Dubai
Dubai is the dream destination for many expats, offering an attractive combination of career opportunities and a high quality of life. It is undoubtedly a great place to live and work, but buying a property in Dubai is not going to be cheap. So, if you are looking to buy a property in Dubai, here… Continue reading Expats Guide to Getting a Property Mortgage In Dubai
How do I calculate my mortgage interest payment?
What is Loan Interest? Loan interest is the amount that you pay to a lender in exchange for them lending you money. It is essentially a fee charged for the privilege of borrowing money, and it is typically paid to the lender on a monthly basis. The actual amount of interest that you pay… Continue reading How do I calculate my mortgage interest payment?
How to Qualify for a Mortgage in the UAE?
Buying a home in the United Arab Emirates (UAE) is an exciting prospect and and undoubtedly the most important financial decision you will ever make.It is no big surprise that property in the UAE is very expensive. That said, a mortgage can help you purchase your dream home in the UAE much sooner than if… Continue reading How to Qualify for a Mortgage in the UAE?
Most Common Payment Plans for Buying a Property in Dubai
With high returns and exceptional lifestyle opportunities, the real estate industry in Dubai has progressed significantly in recent years. More and more individuals are looking to invest in property in the Emirate but are still confused about what type of payment plan to choose when buying a property. Here are the most common payment plans… Continue reading Most Common Payment Plans for Buying a Property in Dubai