Lender launches mortgages for non-residents

Emirates Islamic, a leading Islamic financial institution in the UAE, yesterday announced the launch of home-finance solutions to help non-residents purchase property in the UAE.

Investors residing in Kuwait, Oman, Bahrain, Saudi Arabia, India, the United Kingdom, China, Hong Kong and Russia can get finance up to 50 per cent of their UAE property value for 25 years. In addition to attractive rates, customers applying for home finance can also benefit from fast-tracked documentation. (Staff Report)