Bank Valuation Gap in Dubai Property Buying

Bank Valuation Gap in Dubai Property Buying

Bank valuation gap in Dubai property buyingIf you are buying Dubai property, the biggest surprise is not always the deposit. It is the bank valuation gap. You agree a price, then the bank values the unit lower, and the mortgage is based on the lower number. That can...
Ready Property or Off-Plan in Dubai?

Ready Property or Off-Plan in Dubai?

Ready property or off-plan? The cheaper-looking option is not always safer.If you are comparing Dubai property, the headline price can be misleading. A ready apartment may need a bigger deposit and heavier upfront costs, while off-plan can look cheaper at first but...
Dubai Mortgage Calculator: Debt Burden Cuts Budget

Dubai Mortgage Calculator: Debt Burden Cuts Budget

Your car loan may be quietly shrinking your Dubai property budgetIf you are using a Dubai mortgage calculator, do not stop at salary. Credit cards, car loans and personal loans can reduce how much a lender may be willing to offer, which can leave you short before you...
What Salary Buys AED 1m in Dubai?

What Salary Buys AED 1m in Dubai?

What salary do you need to buy an AED 1 million property in Dubai?If you are looking at a Dubai property priced at AED 1 million, the real question is not just the headline price. You also need to think about deposit, Dubai property buying costs, monthly mortgage...