“According to DLD’s report, a total of 27,642 transactions were recorded in H1 2018 including 18,191 sales deals worth about Dhs40bn, 7,668 mortgage transactions worth over Dhs57.6bn, and 1,783 other transactions valued at Dhs13.4bn.” (Quote from Gulf Business)
With the highest value of property transactions in H1, 2018 at Dubai Land Department being from mortgage transactions I have teamed up with Just Mortgages to see what offers and rates are currently available.
If you wish to find out if it is possible for you to buy, either as a first-time buyer in Dubai as a Resident or Non-Resident or if you wish to refinance please get in touch and I will refer you straight away. Just Mortgages quotes are free and fees negotiable depending on the transactions.
The examples are on properties that Carlton Real Estate have for sale currently.
Laura Adams, Managing Director
Marina Heights, Dubai Marina
2 bedrooms on a high floor, 1,160 sq.ft, Golf Course View Vacant, service charge AED14,500 AED1,500,000
Dubai Marina, Dream Tower, 1 Bedroom, Furnished, 795 sq ft, AED820,000 – Leased for AED70,000
Service charge AED13,117
Net return 6.9%
Al Reem 2 – Type 3E, Vacant, Upgraded, BUA:2400 sq.ft , Plot:3110 sq.ft, Partial Lake View Sale Price:AED2,195,000
Service charge AED8,739