Privilege Dubai
  • Home
  • ~ Dubai News ~
  • THOE
    • The Floating Seahorse
    • Portofino Family Hotel
    • Germany Island Villas
    • Monaco De Dubai Hotel
  • EMAAR
    • Aseel Golf Villas
    • Il Primo Penthouses
    • Palace Residences
    • Beachfront Apartments
    • Grande Downtown
    • Expo Golf Villas
    • Maple Villas
    • Creek Gate Apartments
  • Nakheel
    • Al Furjan
    • The Palm Tower
    • Nad Al Sheba Villas
  • Meraas
    • Bluewaters
  • Al Wasl
    • The Nook Apartments
  • Palm Jumeirah Portal
  • Company Sponsorship
  • Member Registration
  • Home
  • ~ Dubai News ~
  • THOE
    • The Floating Seahorse
    • Portofino Family Hotel
    • Germany Island Villas
    • Monaco De Dubai Hotel
  • EMAAR
    • Aseel Golf Villas
    • Il Primo Penthouses
    • Palace Residences
    • Beachfront Apartments
    • Grande Downtown
    • Expo Golf Villas
    • Maple Villas
    • Creek Gate Apartments
  • Nakheel
    • Al Furjan
    • The Palm Tower
    • Nad Al Sheba Villas
  • Meraas
    • Bluewaters
  • Al Wasl
    • The Nook Apartments
  • Palm Jumeirah Portal
  • Company Sponsorship
  • Member Registration
"We are committed to the notion that quality matters and will never stop striving for perfection"

More Dubai tenants consider buying property

8/27/2013

 
Rising rents, low mortgage rates drive shift in attitude, industry experts say
Picture
Dubai: The concept of renting and hopping from one apartment to another has become unrealistic for some tenants in Dubai and many are now warming to the idea of owning a home.

Property experts in the UAE have observed a change in attitude towards home ownership and say this shift is driven primarily by rising rents and easier mortgage terms.

Residential rents have been rising recently, owing to the recovery of the real estate market. During the first six months of the year, rental values across Dubai went up by 11.3 per cent.

Interest rates on mortgages in Dubai have dropped over the last three to four years from 9 per cent to 4.5 per cent per year. Banks are also offering other incentives to would-be homeowners, such as discounts on processing and valuation fees, and reduced interest rate during the first year.

Comments are closed.

    Privilege Dubai

    Stay up to date with this blog on important news in Dubai, UAE.


    Archives

    September 2019
    January 2019
    December 2018
    October 2018
    May 2018
    April 2018
    February 2018
    September 2017
    February 2017
    January 2017
    December 2016
    September 2016
    August 2016
    March 2016
    December 2015
    November 2015
    October 2015
    February 2015
    January 2015
    December 2014
    November 2014
    October 2014
    September 2014
    August 2014
    March 2014
    February 2014
    January 2014
    December 2013
    November 2013
    October 2013
    September 2013
    August 2013


    Categories

    All
    Nakheel
    Reject Rent Contract
    Rent In Dubai


    RSS Feed


​Terms Of Use | Privacy Promise | Advertising | Contact
Copyright @ 2012 to 2020 Privilege Dubai | All Rights Reserved 
  • Home
  • ~ Dubai News ~
  • THOE
    • The Floating Seahorse
    • Portofino Family Hotel
    • Germany Island Villas
    • Monaco De Dubai Hotel
  • EMAAR
    • Aseel Golf Villas
    • Il Primo Penthouses
    • Palace Residences
    • Beachfront Apartments
    • Grande Downtown
    • Expo Golf Villas
    • Maple Villas
    • Creek Gate Apartments
  • Nakheel
    • Al Furjan
    • The Palm Tower
    • Nad Al Sheba Villas
  • Meraas
    • Bluewaters
  • Al Wasl
    • The Nook Apartments
  • Palm Jumeirah Portal
  • Company Sponsorship
  • Member Registration