Blog

  • Home Matters - Dubai Mortgage

    Dubai Land Department reveals the top 10 nationalities that invested in Dubai’s real estate market

    Dubai Land Department reveals the top 10 nationalities that invested in Dubai’s real estate market over the past 18 months. UAE Nationals are leading the list, outperforming all other nationalities. His Excellency Sultan Butti bin Mejren, Director General of Dubai Land Department, commented: “217 nationalities have invested a total of AED 151 billion in Dubai’s real […]

  • Home Matters - Al Etihad Credit Bureau Credit Score

    Al Etihad Credit Bureau launches a new credit scoring system

    Al Etihad Credit Bureau (AECB) recently launched a new credit scoring system in the UAE. A credit score represents the creditworthiness of an individual. A credit scoring (a three-digit number, between 300 and 900) is assigned to a borrower to determine if he/she qualifies for a credit card or a loan. With this new system, AECB […]

  • Home Matters - Expert Advice

    Can I take out a personal loan to fund my deposit on a Dubai property?

    The National’s Money Clinic segment recently featured a reader’s personal finance problem and requested expert mortgage advice. Our Managing Director, Sawan Karia was asked to provide the reader with advice. Reader’s Question: I want to buy an apartment in Dubai for Dh1.75 million but only have just over half of the Dh437,500 deposit I need saved up. Can […]

  • Home Matters - Fixed Rate Mortgage

    What a Fed rate hike means to UAE mortgages

    Our Managing Director, Sawan Karia, was recently asked to provide Gulf News’ readers an opinion on how changes in the US interest rate impact UAE mortgages and homebuyers. The last US rate hike was widely expected and priced into the market, so no significant impact was felt in the UAE and rates remained stable. Home […]