Finance and payment plans

History of property in Dubai

For some years now Dubai has been the location of choice for property investment, providing tax free profits through soaring rental returns and capital appreciation. The financial options available to investors however have been few and far between, and payment terms on developments have traditionally been heavily geared in the developers favour, involving the bulk of the property price to be paid during construction with only a small fraction due on completion. Whilst the returns more than make up for this, for the investor tying up large levels of capital allows for fewer investments limiting potential returns.

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Changes to payment terms

The multinational banks have been slow to respond to the demand for financed properties, with few financial options available to non UAE nationals and non residents. Whilst it is possible as a resident to borrow up to 90% of the value of the property, for the non resident the options are limited, and where available tend to for short term loans at relatively high interest rates. better financial deals are now starting to emerge and it is now possible to get some terrific payment terms and excellent rates on finance on selected developments within Sports and Outdoor World.

The best payment plans

On selected developments within the DSC it is now possible to get excellent payment terms providing maximum returns with minimum outlay. Investment opportunities requiring a cash outlay of only 30%, with nothing to pay until completion of the project are now available. For the investor this represents an incredible opportunity to take advantage of the excellent capital appreciation, leaving more capital available to put into other investments, or to enable interest on the balance to be directed in the right location, the investors pocket rather than the developers!