What Finance Packages are avaliable?

Posted on: December 14, 2005

Written by Select Property

When buying in Dubai there are a wide variety of finance packages available for property bought off-plan in Dubai, offered by local lenders such as Tamweel or global banking organisations like HSBC. Finance can take the form of a standard home loan of up to 70% of the purchase price, or alternatively the developers themselves may offer an 8 to 15 year repayment plan as a purchase option. These packages come at competitive rates of interest and bring the convenience of fixed monthly repayments over the long-term in place of staged equity instalments up to completion.