Welcome to Dubai Forums, the funniest cyber community in UAE.
Index - Dubai Expat Help Forum

Realstate financing..


Post reply

ikhalid
Hi all, I am planning to relocate to Dubai from US in December. My employer will provide a months accomodation but I will be on my own after then. I have researched the real estate market and am interested in buying a property as opposed to renting.. Here are my questions: 1 - I have excellent credit in the US, but I understand that in UAE credit is established throug bank statements and employment history in UAE. Wondering if it is possible/realistic to get financing without much established credit history in UAE. 2 - Is it possible/easy to get a short term rental lease (e.g. 3 months) ? thanks in advance for the guidance.
MaaaD
1- Bring with you proof of good credit in the US (pay slips, paid bills, etc..) that might help you here but usually they will want to see a few months of regular income and paid bills before you get a loan out here. 2- yes, classifieds are full of those.




Dubai Forum | Paris Forum | IT Forum | Vegan Forum | Brisbane Forum | 3D Forum | Jobs in Dubai | Jobs in London | London classified ads | EU forums | vegan news
PhpBB seo Archive script by RedHo.com