Dubai Off-Plan Handover Costs: Final Budget

Dubai Off-Plan Handover Costs: Final Budget

If you are buying off-plan in Dubai, the developer’s final instalment is not the whole handover budget. The unit can be completed on paper and still need more cash for finance, snagging, fit-out, service charges and basic reserves before you can use it...
Dubai Mortgage Calculator Rate Sensitivity

Dubai Mortgage Calculator Rate Sensitivity

The short answerA Dubai mortgage calculator is useful, but one repayment figure is not enough on its own. A small change in interest rate, loan term or loan size can change the monthly number enough to affect your cash buffer, especially if you are close to your...
What a Dubai Mortgage Calculator Leaves Out

What a Dubai Mortgage Calculator Leaves Out

The short answerA mortgage calculator can tell you the likely monthly repayment on a Dubai property, but it does not tell you whether the purchase fits your full budget. The repayment is only one part of the decision. You also need to check the deposit, transfer...
Buying a Tenanted Dubai Property? Check Rent Timing

Buying a Tenanted Dubai Property? Check Rent Timing

Buying a tenanted Dubai property? Check who owns the rent nextIf you are buying a tenanted Dubai property, the lease is only half the job. The other half is cash timing: what rent has already been paid, which deposits are still held, and from which date the income...
Mortgage Pre-Approval Before Buying in Dubai

Mortgage Pre-Approval Before Buying in Dubai

One common mistake in Dubai property buying is treating mortgage pre-approval as permission to buy any home. It is not. A lender indication can be useful, but it only tests a borrower at a point in time. It does not guarantee the property, valuation, completion...