28/06/2024
Interested in buying property in Dubai? Here are three effective ways to finance your purchase, each offering unique advantages:
Instalment plans: pay an initial 10% and spread the rest into equal instalments. Many UAE developers provide interest-free plans, making this a practical and affordable option.
Assignment sales: purchase from owners who haven’t fully paid off their property. This lets you assume their payment terms, often with less hassle and more favourable conditions than new deals.
Mortgages: opt for a traditional bank loan with various fixed and variable rate options. You’ll typically need a 20-25% down payment, with the remaining amount paid over 10–25 years.
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