What type of mortgage products are available in the UAE?
In the UAE there are many types of mortgage products available, below are some of the main types:
- Residential mortgages
- Investment mortgages
- Non-resident mortgages
- Commercial mortgages
- Rent only mortgages
- Fixed and floating rate mortgages
- Offset mortgages
- Capital and interest/profit mortgages
- Interest only mortgages
- Fixed payment mortgages
- Land and construction mortgages
All of these are available as conventional or Islamic finance.
You can read about the difference between Islamic finance and conventional finance here.
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