Don't hesitate to reach out to them for support and guidance in navigating through your property purchasing journey with DAMAC.ĭAMAC rigorously adheres to all legal and procedural requirements set by the UAE government, ensuring a seamless and compliant experience for our customers. They can walk you through how to use the mortgage calculator effectively, ensuring you have all the information you need for a well-informed decision. Our dedicated support representatives are always ready to provide detailed guidance and help you comply with all necessary requirements. The maximum tenure for paying back the loan is 25 years, which is a long enough time to make payment through easy instalments. You can find multiple payment plans depending on your financial ease and choice. This means that you can own one of the most desired and coveted houses and properties by paying a minimum of 15-20% of the price. Expats can get a loan of up to 80% of the property cost while for UAE nationals, it goes up to 85%. The loan to value ratio offered is also one of the best you will find. This offer is unmatched by any other financing solution you can find in UAE for buying DAMAC’s properties. For up to 7 years, you have to pay interest at a rate of just 1.99%. Interest Rate (or Mortgage Rate) offered by DAMAC is the lowest you can find in the market. With DAMAC and ADIB's partnership, along with the added convenience of our mortgage calculator, you can enjoy a hassle-free path to owning your dream property. This enables you to foresee your financial commitments and make well-informed decisions about your property investment. By entering details like the loan amount, interest rate, and loan tenure, you can easily calculate your monthly payments. This mortgage calculator is a valuable tool to help you understand and plan your finances better. To enhance this offering, we've integrated a user-friendly mortgage calculator into our services. Not only you can save a lot of money by using this deal, but also be free from troubles about confusing conditions or difficult schedules. Here is why you should use DAMAC’s Mortgage Assist, which now includes a user-friendly mortgage calculator:ĭAMAC has partnered with ADIB to bring you the most affordable and convenient financing solutions. You are also helped by well-learned and experienced professionals throughout the process, so you won’t find yourself having any difficulty or hassles understanding mortgage rates in Dubai. The representatives will guide you through every single aspect of the process, keeping you connected with the procedure at all times.ĭAMAC brings you the best mortgage rates and terms by collaborating with top financial institutions in the (UAE) United Arab Emirates. You will find about all the costs involved up-front, with no hidden charges or costs. DAMAC’s Mortgage AssistĭAMAC brings you the fastest and easiest way to purchase its highly coveted properties through mortgage financing. Along with that, you can always get in touch with our support representatives who are always ready to help and guide the customers.īefore moving on to using the mortgage calculator, we should take a look at some important aspects of the mortgage loan and what makes DAMAC’s service the best one for you. You have to enter the values about your chosen property, price range and other numbers based on your preferences to get an insight into the repayment of the mortgage. This helps you avoid contacting anyone to discuss financial feasibilities until you work out things by yourself and are willing to go for a mortgage loan. With the mortgage calculator, you can easily find out what you need to pay for your favourite real estate projects. The mortgage calculator on this page is just one of the benefits brought to you by DAMAC. With the mortgage calculator, you can easily understand and plan your finances, making the dream of owning a property more accessible and transparent.ĭAMAC has designed the easiest process and solutions that help you understand mortgage loan calculator and acquire them with unmatched convenience. This tool simplifies the process by helping you estimate your monthly payments, taking into account various factors such as loan amount, interest rate, and loan tenure. Something that usually becomes a hurdle for most aspirants is the difficulty in understanding the process, its terms and the calculations involved.īeing a market leader, DAMAC has addressed this for its valued customers and prospective residents and brought the perfect combination of services, including a user-friendly mortgage calculator. Mortgage financing is very attractive, and rightly so as it helps you buy the most loved properties in the most affordable way.
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