sarahanne replied to the topic Borrowing to buy in Dubai in the forum No Subject 17 years, 8 months ago
You would have to get a lender here in Dubai, which is possible – you don’t need to be a resident here to get a home loan with a local lender (for some you do- just depends on lender). But you need to check which lenders will lend for the development you are looking at.
For a start, only certain areas in Dubai are designed for foreign (non-local)…[Read more]sarahanne replied to the topic united arab emirate in the forum Overseas Deals 18 years, 4 months ago
Frank,
I have to agree with the general sentiment of comments posted by Jason. I am originally from Sydney, but have been living in Dubai for nearly a year now. On paper it looks like a no-brainer – with rental yeilds at around 10-12%, it looks like an easy decision to invest here. However the amount of projects in the pipeline is just…[Read more]