The UAE banking sector is still in recovery stage, post the 2008-09 real estate crisis in Dubai. However, the financial performance of the banks has stabilised especially over the past couple of years. The UAE banks, particularly Dubai based banks, are facing asset quality challenges, as reflected in their high proportion of non-performing loans and low level of provisions. On the other hand, A
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Dubai is now one of the most sought after locations in the world. In fact, expatriates and foreign investors are now considering this emirate as a major business hub in the UAE. Although buying a property in this emirate is not that simple especially if you don't have the money to secure a property of your choice. That's why it's essential for you to take out a mortgage, but you need to get the
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Central bank issued the different forms for all types of commercial banks about the bank loans. This clearly stated in the Dubai newspaper that there is controversy in contracts and complaints by borrowers. Loan forms cover the three basic key forms; personal loans,
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