How Much Income Should Go to Mortgage 

How Much Income Should Go To Mortgage The United Arab Emirates, in particular Dubai, enforces an economic law referred to as the Debt Burden Ratio (DBR), which caps the quantity of profits that may be allotted to debt repayment. This rule, set via the Central Bank of the UAE, guarantees that no more than 50% […]

What Is A Mortgage Clause?

What is a Mortgage Clause? In Dubai’s dynamic real property sector, a loan clause plays an important role in protecting both the lender and borrower at some stage in asset transactions. A loan clause is a prison provision protected in asset coverage rules, making sure that the lender’s monetary interest is safeguarded in case of […]

What Is A Fixed Rate Mortgage

What Is A Fixed Rate Mortgage A fixed rate mortgage in Dubai is a type of home loan where the interest rate remains constant during an agreed-upon period, typically ranging from one to five years. This structure ensures borrowers pay the same amount each month, making budgeting simpler. Fixed rate mortgages are particularly valuable in […]

What is a Mortgage Loan?

How to Get a Personal Loan in the UAE? A mortgage loan forms one of the most common methods of financing for the acquisition of a property. Whether it is the first time you will buy a house or if you need some upscaling of space, you need to understand what a mortgage loan is […]