Property News
Latest property news & product launches
Bank of America takes stake in Dubai's Emirates NBD
Bank of America is believed to have bought 100 million shares - about 1.51% - of Emirates NBD.
Bayshore promises elegant living in Dubai
Residents will be able to sail, dine and enjoy the creative scene at the social hubs of Creek Beach and Creek Marina, as well as experiencing the Ras Al Khor Wildlife Sanctuary.
Dubai banks combine to offer help during crisis
LTVs for first-time homebuyers now up to 85% for UAE Nationals and up to 80% for Expatriates
Mortgage Advice
It is possible to obtain a Maxof 75% Loan to Value (LTV)
The banks that will lend 75% to a Non-Resident require that the property must have a Title Deed rather than just a Building Completion Certificate (BCC) and Oqood Certificate.
The Title Deed is only issued once the property is fully paid for and the process will take at least a month once the property is completed and the keys are handed over, but it can take even longer so not a reliable time frame.
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