Buying a property – cash vs mortgage, what is better?

Buying a property – cash vs mortgage, what is better?

Blog Article

Introduction

Purchasing a property in Dubai or the UAE can be a lucrative investment. Whether you plan to live in it or rent it out, it can offer significant financial benefits. When considering financing your property, you have two primary options: paying in cash or obtaining a mortgage. This article will explore the advantages and disadvantages of each approach, helping you make an informed decision.

BUYING A PROPERTY IN CASH VS MORTGAGE

ADVANTAGES OF BUYING A HOUSE WITH CASH :

No interest payments: You avoid paying interest on a loan, saving you money over time.
Full ownership: You immediately become the sole owner of the property, granting you complete control.
Potential for higher returns: In a rising market, cash buyers may have more negotiating power and potentially secure better deals...Read more

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