Press release article from our research archive:

Almas Capital to highlight Dubai real estate lending; Mortgage guidelines continue to shift.

M2 PRESSWIRE-16 August 2005-Almas Capital: Almas Capital to highlight Dubai real estate lending; Mortgage guidelines continue to shift(C)1994-2005 M2 COMMUNICATIONS LTD

RDATE:16082005

Dubai, United Arab Emirates - Banks in the UAE have had to adjust their lending parameters as the residential mortgage market gradually enters a more mature phase. Real property laws have been evolving dynamically and mortgage lenders have had to adjust their lending parameters accordingly. Homebuyers, and even seasoned property sales professionals, are faced with daunting task of staying abreast of shifting underwriting guidelines within the real estate lending industry.

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