Funding ceiling reduce negative impact on the sales of real estate in the UAE - Property News - real estate tips
Expatriates in the UAE said they have abandoned the idea of buying the house after that select the "central bank" boplats roof mortgages at 50% of the property value. At the same time Real estate experts "Arab confirmed" that the housing Sttbata purchases during the current year due to the decision, although the rental market will recover.
Said Basil Abu Shakra, who decided after years of residence in the United Arab Emirates, boplats to buy a house old "villa in Jumeirah Turnql project" through to the real estate company: "The price of the villa of around 2.4 million dirhams, and contacted the finance company and they said they Samulunni 84% of the value of Property, was the first installment with the company's commission in the range of 400 thousand dirhams. "
He said Abu Chakra "after the central bank's recent decision, they called me from" finance "and said that the file has been arrested because of the central bank, which determines funding 50% of the property value of the decision, and I can not pay about 1.4 million dirhams, so I decided to cancel the subject."
The expert said the real estate, Munther boplats al-Hamwi, the director of "Dubai Real Estate Academy," this decision is limited, may affect the purchase of residential property during the year 2013, but as a whole is not a bad decision, but it is a decision to adjust the market and not to mistakes of the past, especially the real estate crisis that has passed UAE and the region.
In addition to the assurances of the experts, boplats there are numbers boplats from the market confirms the influential role of the real estate market wheel rotation, what is between 30-40% of home sales, are made through real estate financing, which reached a value of 251 million dirhams until the third quarter of last year, about 45 % of the amount of funding for the members of the citizens and expatriates.
In conjunction with a negative sales market affected, will be affected by the real estate rental market boplats positively, according to what he said Saadallah Abed, from the company "Colliers International Property Consultants," adding, "Of course the decision will prevent a large number of people buying real estate, and thus they will have to move on to the rental market, so We expect boplats that the rental market significantly benefit, where rents will rise in most areas in Dubai. "
Despite the concerns of declining purchases of homes in the UAE because of the decision, the shares of real estate companies are not adversely boplats affected, since the beginning of this year until Tuesday, the real estate sector boplats index in Dubai Mercantile Exchange rose 11.3%, as the real estate sector index in Abu Dhabi Stock Exchange rose 23.8%.
News Related topics 5 - (June 06) - 2012 allegations iron traders to raise local prices refute global declines boplats logged a ton to $ 655 saw global prices for ferrous metals declined in most crudes, [...] 26 - (January 01) --201 390% of traders in the real estate sector boplats aim speculation boplats attributed Yasser Abu Atiq real estate expert and CEO of Dar Al [...] 6 - (March boplats 03) --2,013 dangerous practices and abuses in the competition on the mortgage at the time Monetary Agency approved the regulations for real estate [...] 13 - ( October 10) - 2012 duplication instruments and multiple ownerships prominent high Arabia real estate prices 40% of residential land in the southern region untapped factors .. [...] 13 - (June 06) --2,013 commentator restaurant above a residential neighborhood Iwan International Company for Housing boplats launched in Jeddah Within its support for the activities of Jeddah boplats [...]
The latest news and tips Real Estate Foundation retirement obligation to pay 30% of the value of the property like land banks robbers loot the Ministry of Housing boplats sites granting 295 citizen mortgages to Mecca rising asset real estate funds to 5 billion riyals encroachments Taif remove 35 drug and warn violators of white land
Archive December 2014 November 2014 October 2014 September 2014 August 2014 June 2014 May 2014 April 2014 March 2014 February 2014 January 2014 December 2013 November 2013 October 2013 September 2013 August 2013 July 2013 June 2013 May 2013 April 2013 March 2013 February 2013 January 2013 December 2012 November 2012 October 2012 September 2012 August 2012 July 2012 June 2012 May 2012 April 2012 March 2012
Leaders land prices, land housing estate development residential mortgage support mortgage Riyadh, the Saudi real estate market, real estate market real estate real estate real estate real estate index Medina eastern region of residential units Jeddah Dubai Real Estate Development Fund Real Estate Development Fund Mecca Residential Unit of the Ministry of Housing, Department of Housing and the Ministry of Commerce and Industry The Ministry of Municipal and Rural Affairs and the Ministry of Justice and Minister of Housing
Expatriates in the UAE said they have abandoned the idea of buying the house after that select the "central bank" boplats roof mortgages at 50% of the property value. At the same time Real estate experts "Arab confirmed" that the housing Sttbata purchases during the current year due to the decision, although the rental market will recover.
Said Basil Abu Shakra, who decided after years of residence in the United Arab Emirates, boplats to buy a house old "villa in Jumeirah Turnql project" through to the real estate company: "The price of the villa of around 2.4 million dirhams, and contacted the finance company and they said they Samulunni 84% of the value of Property, was the first installment with the company's commission in the range of 400 thousand dirhams. "
He said Abu Chakra "after the central bank's recent decision, they called me from" finance "and said that the file has been arrested because of the central bank, which determines funding 50% of the property value of the decision, and I can not pay about 1.4 million dirhams, so I decided to cancel the subject."
The expert said the real estate, Munther boplats al-Hamwi, the director of "Dubai Real Estate Academy," this decision is limited, may affect the purchase of residential property during the year 2013, but as a whole is not a bad decision, but it is a decision to adjust the market and not to mistakes of the past, especially the real estate crisis that has passed UAE and the region.
In addition to the assurances of the experts, boplats there are numbers boplats from the market confirms the influential role of the real estate market wheel rotation, what is between 30-40% of home sales, are made through real estate financing, which reached a value of 251 million dirhams until the third quarter of last year, about 45 % of the amount of funding for the members of the citizens and expatriates.
In conjunction with a negative sales market affected, will be affected by the real estate rental market boplats positively, according to what he said Saadallah Abed, from the company "Colliers International Property Consultants," adding, "Of course the decision will prevent a large number of people buying real estate, and thus they will have to move on to the rental market, so We expect boplats that the rental market significantly benefit, where rents will rise in most areas in Dubai. "
Despite the concerns of declining purchases of homes in the UAE because of the decision, the shares of real estate companies are not adversely boplats affected, since the beginning of this year until Tuesday, the real estate sector boplats index in Dubai Mercantile Exchange rose 11.3%, as the real estate sector index in Abu Dhabi Stock Exchange rose 23.8%.
News Related topics 5 - (June 06) - 2012 allegations iron traders to raise local prices refute global declines boplats logged a ton to $ 655 saw global prices for ferrous metals declined in most crudes, [...] 26 - (January 01) --201 390% of traders in the real estate sector boplats aim speculation boplats attributed Yasser Abu Atiq real estate expert and CEO of Dar Al [...] 6 - (March boplats 03) --2,013 dangerous practices and abuses in the competition on the mortgage at the time Monetary Agency approved the regulations for real estate [...] 13 - ( October 10) - 2012 duplication instruments and multiple ownerships prominent high Arabia real estate prices 40% of residential land in the southern region untapped factors .. [...] 13 - (June 06) --2,013 commentator restaurant above a residential neighborhood Iwan International Company for Housing boplats launched in Jeddah Within its support for the activities of Jeddah boplats [...]
The latest news and tips Real Estate Foundation retirement obligation to pay 30% of the value of the property like land banks robbers loot the Ministry of Housing boplats sites granting 295 citizen mortgages to Mecca rising asset real estate funds to 5 billion riyals encroachments Taif remove 35 drug and warn violators of white land
Archive December 2014 November 2014 October 2014 September 2014 August 2014 June 2014 May 2014 April 2014 March 2014 February 2014 January 2014 December 2013 November 2013 October 2013 September 2013 August 2013 July 2013 June 2013 May 2013 April 2013 March 2013 February 2013 January 2013 December 2012 November 2012 October 2012 September 2012 August 2012 July 2012 June 2012 May 2012 April 2012 March 2012
Leaders land prices, land housing estate development residential mortgage support mortgage Riyadh, the Saudi real estate market, real estate market real estate real estate real estate real estate index Medina eastern region of residential units Jeddah Dubai Real Estate Development Fund Real Estate Development Fund Mecca Residential Unit of the Ministry of Housing, Department of Housing and the Ministry of Commerce and Industry The Ministry of Municipal and Rural Affairs and the Ministry of Justice and Minister of Housing
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