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º£½ÇÂÒÂ× Property Investment

sh3hryar

Hello all,

I am based in KSA, and would like to explore the Dubai real estate market.

To begin with can foreigners purchase property in Dubai on mortgage?

Much appreciate any help.

See also

Opening a bank account in the United Arab EmiratesOpening a bank account in DubaiPayment methods in the United Arab EmiratesLoan settled and want to return, PLEASE ADVICEIs there any UAE based lawyer here?
mjrv

Foreigners can purchase property.  Will be based on 99-year lease (theoretically renewable)

borntobemild

can you pm me details about this 99year mortgage?

sh3hryar

borntobemild wrote:

can you pm me details about this 99year mortgage?


What I understand is this aint 99year mortgage. You pay off the property in about 5 years.

And you get to keep the property for 99years.