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The end-user is driving the Dubai property market in 2021 where the drastic increase is seen in the property mortgage transactions of Dh127.82 million. The low financing rates have increased the demand and buying of homes as per their needs. The low financing rates suit the users’ budget and lead to a flexible monthly payment which is one of the factors driving the market.

The all-time low financing rates allow the end-users to buy more freehold properties in Dubai. The transactions from January to the end of March show the best quarter for property mortgage in Dubai and high revenue generated from the property sales.

In 2017, property mortgage deals were the highest while 2021 has beaten the record with an increase of 26% and revenue of Dh127.82 billion has been recorded. This shows how quickly Dubai’s economy has bounced back and investments in real estate will benefit in the long run.

The data recorded by the Dubai Land Department shows the city property sector is growing at the best pace as compared to previous years and the same is expected in 2022.

The all-time high Dubai property market is the indication to invest and retain the maximum profit in no time. Signature habitat has the finest property available for mortgage and sale in Dubai at exceptional prices. The highest economic country has flexible regulations and zeroes corporate tax which aids each investor’s benefits and delivers high results.

One of the major benefits of acquiring property with Signature Habitat is fulfilling the minimum down payment requirement. If you are a foreign investor or first-time buyer, it’s the best time to take leverage of low down payment and build the home or space in no time.

The fixed rates are as low as 1.99 percent and the existing leading rate is at 2.39 percent which is quite low as compared to 2019. Buyers can easily leverage these low-rate mortgages and build the property they have dreamt of in the growing economy of the UAE.

The UAE Central Bank has reduced the requirement of the down payment for the first-time buyers by 5 percent, 10 percent for nationals, and 20 percent for the non-UAE nationals. This provides a huge opportunity to step into buying the luxury property with Signature Habitat. They have extensive listings and also take off the legalities in their hand and focus on delivering you the best experience of buying freehold properties in Dubai.

The change in loan rates majorly affected the mortgage transactions and trends have shown the opportunities coming and how the real estate market will grow exponentially by end-user in no time. Even the slow market has provided better returns in mortgage and transactions have been recorded of around Dh10.08 billion.

If you are looking to buy, sell or mortgage the property, it is recommended to make Signature Habitat your companion in the journey and receive better returns with growing demand.