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Dubai News Club > Finance > Can real estate projects be mortgaged?
Finance

Can real estate projects be mortgaged?

Press Room
Last updated: 2023/05/23
Press Room
Published: May 23, 2023
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A: Real estate projects can be mortgaged to obtain a loan from banks or financing companies approved by law, provided that the value of the mortgage is deposited in the project’s escrow account, with the commitment of both the bank and the developer to ensure that…

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