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21-07-2007
Global property warnings also apply to Dubai!
Take heed of the warnings about cooling global real estate markets that have now reached Spain and India. Meanwhile, there were 4.2 million unsold homes in the US at the end of April, and the annualized rate of second-hand home sales fell by 2.6 per cent to 5.99 million in April, enough to worry the Wall Street bulls.
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A variety of finance options are available to customers when buying a property in Dubai. You may decide to purchase a property by borrowing from local Dubai based lenders such as Tamweel or look to secure finance with international banks such as HSBC or Lloyds TSB.

Borrowing against assets or releasing equity from an existing property can be a method of generating capital. This is a decision many make to generate income quickly and secure the property to be purchased.  

With many financing options and numerous lenders out there, it makes it very difficult to choose what is the best source of finance. Before you decide to finance your property, the most advisable option is to use an independent mortgage broker who knows the market and what other lenders are offering.

At Cubic, we work closely with our clients in helping find the right finance package by working with Accelarabia (www.accelarabia.com) a mortgage broker in the middle east assisting international clients in finding the right lending products from other financial institutions to meet your needs. Accelarabia works with a highly experienced and qualified team and will assist you, guiding you through the whole process. By working with all the key banks and lenders in Dubai, they act as a one stop shop, taking much of the hard work away from you.

 
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