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A guide to mortgages in the UAE as interest rates rise

admin by admin
August 4, 2023
in Lifestyle
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Over the past three years, through a period of global uncertainty, the UAE’s real estate market has remained buoyant.

Low interest rates, an ample supply of homes and policies that encouraged long-term residency in the UAE meant more people were considering buying a home in the country.

While Dubai continues to lead the domestic real estate market, Abu Dhabi, Sharjah and Ras Al Khaimah are also attracting buyer demand.

The UAE dirham’s peg to the dollar, however, means that borrowers are not immune to interest-rate changes by the US…



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