Investing
Refinancing a Dubai mortgage: what switching costs and when it breaks even
Switching lenders means an early-settlement charge, two Land Department fees and new bank costs. A worked example puts break-even at roughly 17 months.
Mortgages
What the Central Bank Rulebook actually caps, where banks fill the silence with their own policy, and what that means for resident and non-resident borrowers.
- Mortgages
- Yields and costs
Investing
Dubai mortgage valuations: the bank picks the valuer, and the loan follows the appraisal
Circular 31/2013 caps the loan as a share of appraised value, not price. The bank chooses the valuer, and a DLD certificate will not replace its report.
Investing
Missing a Dubai mortgage payment: the notice, court and auction steps a bank must follow
A missed payment starts a notice, court and auction process under Law No. (14) of 2008, not instant repossession. A surplus after sale goes to the borrower.
Investing
Non-resident mortgages in the UAE: why every bank quotes a different LTV
The Central Bank Rulebook keys loan-to-value to nationality and property price, never to residency. Banks invented the category to fill the silence.