The early settlement fee was set at 3 per cent in June 2018. But now the Central Bank of the UAE directed local banks to reduce the early settlement fee on mortgages to a maximum of 1 per cent or Dh10,000, whichever is less, to those borrowers who want to exit their mortgages early.
What are the risks of investing in off-plan property in Dubai?
What are the non-freehold areas in Dubai?
Thanks for your interest. One of our representatives will contact you soon on your contact number or email.