Category Archives: Loans

10 Tips For First Time Mortgagers in UAE

As of August 2016, the oil prices have fallen around the globe leaving the UAE government to pull-back on the country’s real estate investments. But this also means that the prices for people to buy homes and apartments have grown, considering the lowering of real estate prices in the 7 emirates, as well. This means… Read More »

This Ramadan get home your favorite Car in the UAE

Are you a car enthusiast? If yes, this is the right time to drive home your dream car in the UAE.  A lot of attractive deals are going on centering around Ramadan in the UAE. Well, what is so special about these Ramadan special car deals? What additional benefit do you get when you opt… Read More »

Why the UAE Economic Slowdown Can Hurt Your Chances of Getting a Loan

It sure seems like this year is going to be tough for our oil-dependent economy, what with the crude oil prices constantly going down – lower by around 70% in the last 2 years! While the government tries to work out a plan to increase non-oil revenues (did you know that over 60% of the… Read More »

Holidaying without Breaking the Bank!

Who doesn’t like vacations? Taking off from the mundane everyday life and enjoying the finer things in life. Vacations are important because it helps you rejuvenate yourself and bounce back as a happier soul. Be it a short weekend break or a long vacation, vacations are imperative. But vacations come with their own price tag.… Read More »

How do I Finance my Children’s Education in UAE?

The cost of education in the UAE gradually is going up and parents have faced unbearable pressure in terms of funding their children’s education. Even many parents in the UAE send their children abroad for schooling as they are unable to bear the high cost of education.  Given the alarming rise in the cost of… Read More »

Islamic Economy – Ways to Thrive in the UAE

Probably the most lucrative aspect of the UAE for professionals or businessmen is the tax free economy. Add to that splending infrastructure, possibilities of a lavish lifestyle and bulk savings, it almost seems like a glittery dream for many. How UAE Economy actually Earns A collection of seven different emirates, the UAE certainly doesn’t have… Read More »

A Vanilla Condominium or A Custom Villa

What with the tax free economy, splendid nightlife, variety of entertainment and an overall pleasant weather, settling down in the UAE seems a pretty good option for many people. Once that thought crosses your mind, getting a house to call home is the first logical prerequisite. But then, there’s the question, or rather the inclination… Read More »

Car Ijarah or Car Loan?

When you think of a car loan you think about all the running around from one bank to another, the approval process, the paperwork and the amount that the bank will be willing to lend. Now imagine a situation where the bank buys the car and then allow you to ‘rent’ the car for them.… Read More »

Check the Cost of Your Home Loan in UAE

Are you taking a home loan in UAE? If yes, then you must be prepared for the costs associated with taking a home loan. The fees associated with a home purchase includes closing costs, loan discount points and prepaid items. The closing cost varies by location and is generally 2%-3% of the loan amount. The… Read More »