UAE Real Estate Shift: Higher Demand for Mortgages with 2024 Rate Decrease
Real estate analysts predict that property buyers, particularly end-users, in the UAE, will increasingly turn to mortgages in 2024, as interest rates are projected to drop by as much as 100 basis points. According to real estate analysts, mortgage rates have a major influence on buyers’ decision-making process when it comes to purchasing properties in the UAE. As rentals in the UAE continue to grow at a rapid pace, they predict that many UAE renters will opt to become property buyers in 2024.… Read more