Is it possible to mortgage a property in Dubai?
Yes. Amlak, Tamweel, HSBC, Lloyds, Mashreq Bank, RAK Bank, National Bank of Dubai, United National Bank, Abu Dhabi Commercial Bank and Standard Chartered Bank, to name a few, lend on both ready-to-occupy and off-plan projects. Each one has different rates and terms. Some only lend to residents. You can also get mortgages internationally for property in Dubai. HSBC in the UK currently lends an asset-based mortgage.
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