There’s no doubt about it, well located and constructed property in Dubai represents an excellent purchase and investment choice even despite the fact that such real estate has risen sharply in underlying price consistently over the past few years.

However, naturally enough this strong price gain has led to more affordability questions being raised by more buyers contemplating Dubai – but don’t worry because once again, forward thinking Emaar Properties has come to the rescue with the announcement of special finance deals for property in Dubai and this article details the mortgage opportunities now available for overseas buyers.

Since the ruler of Dubai ratified the rights of foreigners to own freehold real estate in the emirate in 2006 it has become an incredibly attractive location in which to live, work and invest and as a result, if anything, interest in Dubai property has risen in recent months.
Naturally enough the affordability of property is now a question that many more people have to consider because gone are the days when it was highly affordable to pick up properties in the emirate which is why Emaar has been working behind the scenes to put together as attractive an array of finance offers as possible for their potential customer base.

So far Emaar has arranged exclusive and special finance packages for purchasers within certain of their key developments in Dubai.  Buyers within certain of their main developments can now get a mortgage of up to 96% of the property’s value as long as they meet the lending criteria from either Amlak, RAK Bank or Mashreqbank.

The developments where these deals apply are The Old Town, The Residences, The Burj Views, South Ridge, The Lofts and 8 Boulevard Walk within the Downtown Burj Dubai development; Marina Promenade, Park Island and Marina Quays within the Dubai Marina development and The Fairways and The Links at The Views development.

Available for sale is a range of real estate ranging from simple one bedroom apartments to sumptuous three bedroom homes and for those who are ready to move with their purchase decisions and who require express approval, this is available as long as applicants for the special finance deals for property in Dubai are salaried and can produce 6 months of bank statements, a salary certificate, copies of passports, a cheque book and a letter of liability from their bank. To find out more about these special finance deals contact Emaar or if you require alternative mortgage deals in Dubai contact us and if we possibly can we will put you in touch with a broker.