UAE mortgages: Home a loan

UAE mortgages: Home a loan

Home buyers go off plan and mid-market

Developers in the UAE are increasingly looking into offering more off plan projects that welcome foreign investors and home buyers contemplating long-term living in the UAE.

Community living, which has been the dominant residential trend for several years now, continues to attract home buyers. However, affordability remains a challenge across the UAE's residential market. With household incomes strained by rising living costs, underpinned by inflation levels of over two per cent and the looming new VAT regime, the dream of home ownership continues to drift further away for many.</