Information of interest to you when you own the property
DOWN PAYMENT
the amount paid by the client form the values of the property as participant in the financing transaction as stipulated in the law of financing in UAE and the percentage changeable based on the finance type and case conditions.
PROFIT RATE
the percentage imposed by the bank or financial institution on the client based on his mortgage finance request, it's counted annually and vary according to lender of the type of finance and other.
PROCESSING FEES
One-time amount paid by the client for against his finance request from bank and financial institutions.
DSR
Debt Servicing Ratio By that we mean the sum of the value of the permanent monthly payments that are deducted from your income and according to the regulations of UAE the maximum limit of DSR should not exceed 50% of the total monthly income