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...
Why a Dubai Mortgage Calculator Is Not Approval

Why a Dubai Mortgage Calculator Is Not Approval

A mortgage calculator is a starting point, not a promiseIf you are using a Dubai mortgage calculator to work out what you can buy, treat the result as a rough guide, not bank approval. In Dubai and across the UAE, lenders look at income, existing debts, age, property...
Dubai Mortgage Pre-Approval Documents Checklist

Dubai Mortgage Pre-Approval Documents Checklist

Getting pre-approved for a Dubai mortgage? Do not wait for the bank to ask twice.If you are using a Dubai mortgage calculator and starting pre-approval, the slowest part is usually not the numbers. It is the paperwork. Missing salary proof, debt details, bank...
What Would It Take to Buy in Dubai in 12 Months?

What Would It Take to Buy in Dubai in 12 Months?

What would it take to buy in Dubai within 12 months?If you are renting in Dubai and thinking about buying within a year, the gap is usually not just the deposit. It is the deposit, the upfront buying costs, the monthly mortgage test and whether your savings rate can...