A: The process of debt consolidation loan allows borrowers to coalesce all debts with one single loan to help manage payment easily with one solo monthly installment and at preferential interest rates.   Indeed, debt consolidation loan could be an effective process and a relieving decision. Studies indicate that this Read More...

  This new year, let’s have the resolution to have a secure grip on our finances. And let us adopt one new money habit today and drop the one that’s been holding us back. To protect the financial future, one needs to identify bad financial habits and understand the ways to avoid those inaccuracies on Read More...

    How to start my investment with a small amount of AED 5000 a month. I want to target the short-term investment options which provide me a good return. Short-term investments are any assets that are projected to perish or to be honored within the progression of one to three years. The objective of Read More...

I currently have two personal loans. I’m expecting to receive a large bonus by the year end.Should I use that towards repaying my loan or is it a better idea to invest it in a savings account?   While I would say that getting rid of debt is always a prudent idea, sometimes it might Read More...

  I want to take out a personal loan. But around five years ago I had some default repayment issue on my credit cards, which all I settled gradually. But now am concerned, will this issue be highlighted in my credit history, which might stop me from getting the loan. Should I check before applying Read More...

My home was appraised at AED 2 Million at the time of purchase. Now am looking for refinance options. But little worried that current property value might be less, what factors I should consider and how to get a rough estimate of the property to apply for refinance.   While considering an appraisal of the Read More...

  Are you planning the investment in the real estate market this year, let’s take a deeper look on options of Ready property and Off-Plan property investment in the market   Ready Property   Ready units are the one which are completely ready for occupancy. In Dubai the average return on buy-to-let ready property is Read More...

Dubai’s Land Department is working on a new rental law that will give separate weightage to commercial real estate such as offices, malls, health and educational property, apart from residential. The law, which is in front of the legislative committee, will replace the current one-size-fits-all rental regulation, top officials said.   That could pave the Read More...

  The US Fed may have raised the base rate, but it’s not by a margin to start hurting UAE’s mortgage takers. A 0.25 per cent increase is something they can take in their stride. And continue to do so as long as the US Federal Reserve keeps hiking its interest rate only by a Read More...

The Dubai Land Department has introduced a feature that will allow transaction fees to be paid online. The e-Payment initiative will be cost-effective for the departments and its customers, especially since customers will not need to visit the department’s offices to pay the fees.   “This initiative will contribute to raising the capacity of the Read More...