Dubai developers are returning with plans for 5-8 years after the transfer to cope with rising mortgage rates

Dubai developers are restoring long-term payment terms after the transfer of the facility; recent unscheduled launches even included provisions for a «7.5-year deadline». The goal is to dispel buyers' concerns about rising mortgage rates, especially since at least a couple more increases will occur at the end of this year.

Another popular payment schedule, pioneered by the company Danube Properties, currently does not meet the plan. For terms up to 99 months, this is a monthly contribution of 1%. It is noteworthy that many of these projects belong to the affordable category, with entry-level prices from 500,000 dirhams and above, and two-bedroom apartments cost from 1.5 to 2 million dirhams, depending on the location and the numerous additional advantages of the developer.