Selling a Mortgaged Resale in Dubai

Selling a Mortgaged Resale in Dubai

The seller still has a mortgage. That changes the transfer plan.If you are buying a Dubai resale property and the seller still owes money to a bank, the transfer does not follow the same path as a cash-owned sale. The lender, liability letter, settlement timing and...
Dubai mortgage refinancing and early repayment

Dubai mortgage refinancing and early repayment

Dubai mortgage refinancing and early repayment: do not assume the first deal is the lastIf you bought in Dubai with a mortgage, the first offer is only the starting point. Rates change, fixed periods end, cash needs move, and the cheapest monthly payment today is not...
Property Inspection and Snagging in Dubai

Property Inspection and Snagging in Dubai

Property inspection and snagging: do not save money in the wrong placeIf you are spending AED 1 million on a Dubai property, skipping the inspection is a strange place to try and save money. A quick viewing can tell you whether the flat looks presentable. It will not...
Dubai Off-Plan Property Risks: Resale Due Diligence

Dubai Off-Plan Property Risks: Resale Due Diligence

Dubai off-plan property risks: a resale property is finished. The due diligence is not.If you are buying a completed Dubai property, it is easy to focus on the visible condition, the asking price and whether the tenant is in place. That is where buyers get lazy. A...
Why Mortgage Pre-Approval Can Still Fail

Why Mortgage Pre-Approval Can Still Fail

Why mortgage pre-approval can still failPre-approved does not mean completed. In Dubai, a mortgage can still unravel between initial approval and transfer if your finances change, your job situation shifts, the property fails valuation, or the documents expire. If you...