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How much should I borrow for my mortgage?

Before deciding on an amount, consider the following The first logical step of buying a house would be to determine your budget. Financial institutions would be happy to lend if the applicant meets the eligibility criteria with a good debt-burden ratio (DBR) and a credit score. Usually, they offer 70-80 per cent of the property…

Should you buy or rent a property in Dubai?

buy or rent a property in Dubai

If you are looking for a ‘forever home’, then buying might just make sense. There are a number of pros and cons regarding buying or renting. Important factors weighing on the decision include your time of life, income, personal status and commitment to a specific place. But we firmly believe that in the current market,…

Top Dubai broker targets Chinese real estate investors in 2019

Dubai broker targets Chinese real estate investors

Data released by DLD revealed that 7,013 Chinese investors made 9,640 real estate transactions from July 2002 until July 2018 worth AED14.34 billion. The top selling real estate broker in Dubai has predicted that half of its sales this year will come from Chinese investors. Firas Al Msaddi, CEO of fäm Properties, has set the…