Banks still wary of giving mortgages to overseas buyers of Dubai property - The National:
"As the Dubai property market heats up and real estate prices surge at the steepest rate in the world, international investors are eager for a piece of the action.
Topic Mortgage cap Financial literacy Central Bank of the UAE Emirates NBD Personal finance
But there is just one small problem: getting a mortgage.
Bryan Ong, the director of a private tuition company in Singapore, said he began looking for bank financing this year to fund investments in Dubai's property market, which he said looked attractive."
'via Blog this'
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