Behomes 🌐 Dubai Real Estate Database

🏗 What the Latest Oil Spike Means for UAE Real Estate

According to Gulf News, the recent spike in oil prices could delay the expected interest rate cuts this year.

A few key takeaways for the UAE market:
• Central banks are expected to wait and assess the situation, not react immediately. Mortgage and lending activity in the UAE continues as usual.
• The economic impact largely depends on how long the tensions last. A short-term shock may have limited effect.
• Higher oil prices tend to support Gulf economies, strengthening investment activity in sectors like real estate.

For real estate market players, the fundamentals remain stable while global policy adjusts.

If your clients have mortgage questions, the Behomes mortgage team can support the process from consultation to approval. Partners receive a referral commission.

#MortgageCase: Mortgage for a Self-Employed Client

Self-employed profiles are often more difficult for banks due to income structure and additional checks.

Our client was purchasing a property worth AED 2,400,000. After preparing the financial documents and structuring the case, we secured a mortgage covering 65% of the property value at 3.95% fixed for 3 years.

Another complex profile successfully approved with the right mortgage strategy.

Brokers and clients are welcome to explore mortgage solutions with Behomes and bring even the most challenging cases to our team.