Interest Rate Impact

UAE Property Buyers Embrace Mortgages with Anticipated Interest Rate Drop in 2024

UAE Property Buyers Embrace Mortgages with Anticipated Interest Rate Drop in 2024

In 2024, a significant shift is expected in the UAE real estate landscape as more property buyers, especially end users, are projected to opt for mortgages. The catalyst behind this trend is the anticipated drop in interest rates, estimated to decrease by up to 100 basis points. Real estate experts emphasize the substantial influence of mortgage rate fluctuations on the decision-making process of...

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