25.08.2009 - Dubai mortgages up Dh1bln in Q2
From Khaleejtimes.com: The total value of mortgages issued in Dubai rose during the second quarter by 14.3 per cent to Dh8 billion, up from Dh7 billion in the first quarter, as banks made its easier for real estate buyers to get credit, according to a property industry report. Mortgage rates in the United Arab Emirates are declining due to changes in market dynamics and are generating new interest from buyers and end-users, online real estate information company REIDIN.com said in a report on Monday.............Full Article: Source
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