Non-Residents Account for 35% to 40% of Total Mortgage Bookings in the UAE

Dubai, UAE, April 2024:The UAE’s mortgage market is experiencing a transformative surge, driven by the substantial interest from non-residents. Constituting between 35% to 40% of overall mortgage bookings, non-residents, hailing primarily from the GCC, UK, US, Germany, and India, are increasingly opting for home loans in the UAE, signaling the country’s appeal as a global investment destination.

Rajender Prasad, Managing Director of Money Maestro.

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