New Dubai Mortgage Laws?
910 views · Published 16 April 2018 · 2:40 · Indexed 22 September 2026
Channel: Liam Jeffrey · 2018 · People & Blogs
New Dubai Mortgage Laws? Another quick market round-up. Tonight we discuss the potential new relaxed mortgage loan to value ratio. As per the new land department directive a new framework for the law of home financing could be introduced. I also let you know which area have seen the biggest drops in prices during the first quarter of this year. My sale of the day is a 2 bed in the Armani Residences, Burj Khalifa. It sold for 7.5m dh. As always would love to hear your thoughts especially on the relaxation of loan to value rates. It is rumored to go as high as 85%.. You can reach me on +971 (0) 56 251 1311.
