How will a 50% mortgage loan cap for expatriates impact on the UAE property market? « ArabianMoney

The UAE Central bank has issued guidelines to local banks restricting mortgages for expatriates only to 50 per cent of property value. This is likely to dampen the property recovery in the second largest Arab economy but such action did not prevent Hong Kong from becoming the world’s most highly priced real estate market.

Short-term negative and long-term positive? That is a reasonable conclusion to reach.

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