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Asteco says rent-to-own schemes underpin ‘cautious optimism’

Dubai real estate

Residents across the country are looking to get more value for their money by seeking out properties in less built-up areas Despite softening real estate prices, property manager Asteco said it is exercising “cautious optimism” as rent-to-own schemes and crowdfunding for properties begin to gain traction in Dubai. “We believe these developments have the potential to absorb some…

Why Dubai developers need to pick up their pace on projects

Dubai properties

Dubai: Dubai’s developers just aren’t pushing ahead with their projects fast enough – only about 16,750 new homes will get delivered this year. That compares with forecasts of 30,000 units made at the start of the year and only a slight improvement on the 15,000 actually delivered last year, according to estimates by Asteco. So,…

Dubai developer offers buyer options for any job loss

Dubai real estate market

Sunn & Sand promises repayments and rent-free stays to cover any eventuality Dubai: Want to make a property purchase but worried whether you can keep up with the payments because of a sudden change in the job status? A developer in Dubai wants to ease any such concerns of prospective buyers with an exit scheme….

Types of mortgage loans available in the UAE

mortgage

Finding the right bank for a mortgage loan is the first step prior to a property hunt. Financial institutions provide different types of mortgages, which can vary depending on the preference and eligibility of the borrower. But before picking a particular type of mortgage, borrowers need to do their homework on the types of mortgage…