Dubai Sports City Blog

DSC News & Updates

New Mortgage Rule: 80% of unit value for Emiratis, 75% for Expats

| October 29, 2013

New Rules will be enforced one month after they are published in official gazette. The UAE Central Bank has finally issued a mortgage lending system that allows the country‚Äôs banks to provide a loan of up to 80 per cent of the property value to Emiratis and 75 per cent to expatriates. A statement by […]