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Dubai News Club > Finance > No initial approvals for real estate financing without “construction completion”
Finance

No initial approvals for real estate financing without “construction completion”

Press Room
Last updated: 2022/06/23
Press Room
Published: June 23, 2022
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No initial approvals for real estate financing without “construction completion”
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Two bankers said that the banks do not issue any initial approvals for real estate financing for units that have not been completed, or what is known as “off-plan real estate,” not even with the guarantee of the customer’s salary. They added that the system in place is to be…

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