Off Plan Property Buyers

UAE Mortgage Lenders Reduce Off-Plan Project Completion Requirement to 50% from 80% After lenders gradually loosened the standards on project construction levels, new off-plan property buyers in the UAE are beginning to receive mortgages more quickly than in the past. Banks are now willing to lend when a project is 50% complete or higher. As opposed to the past when they would only do so after it had...