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Buy home in Dubai

Can you buy a home with Dh10,000 salary in Dubai?

Woman on a highrise balcony

After qualifying for a mortgage, you have to arrange the up-front payment and registration charges There is a property for every income bracket in Dubai. The lower sales prices and attractive payment plans offered by developers in Dubai are resulting in more first-time home buyers hopping on the property bandwagon. The introduction of new innovative…

Is paying off your home mortgage early a good idea?

If finding your dream house and getting a mortgage approved is one part of buying a house, then owning it by paying back the loan is the other. Mortgage loans in the UAE are capped at about 70-75 per cent of the property value on a maximum tenure of 25 years. On proper planning, getting…

Live close to Dubai Metro, the rents are lower

Dubai Metro impacts rents

The Dubai Metro has impacted residential capital and rental values since it started operations in September 2009 with the opening of the Red Line and the Green Line in 2011. According to a report by global real estate consultancy Knight Frank, average mainstream prices in Dubai grew by 28 per cent from Q1 2010 to…