Home Loans Guides
Want to take the plunge and buy your own home in the UAE? Souqalmal explores how the home loan market in the country is shaping up right now. Read More
Are you unknowingly causing a dip in your credit score? With multiple factors affecting your credit report, ignoring some of the lesser-known ones can ultimately hurt your creditworthiness. Here's how... Read More
We may have just found the most efficient way to get out of debt! The 'Debt Avalanche' debt-repayment strategy can help you cut your interest costs and repay your debts faster. Find out how... Read More
With Coronavirus related lay offs and salary cuts set to impact lives, how are banks stepping up to support customers? And what steps can you take to get back on your feet? Read More
Are you a homeowner looking for financial relief during these uncertain times? Mortgage refinance may be the solution you're looking for. Read More
Among a host of financial relief measures announced by banks in the UAE, there's some good news for first-time home buyers - You only need to put 20% down payment on your first property purchase. Read More
The UAE Central Bank has just announced a financial stimulus program to support the country's economy and banking system. Here's what this means for you. Read More
With Dubai being an expat hotspot, newcomers are always looking to rent or buy a house, while existing residents look to upgrade. Here's how you can find a trustworthy real estate agent who isn't out to dupe you. Read More
Lack of a permanent future in the UAE has been the reason for many a sleepless nights for expats nearing retirement. It may be time to put that worry behind you. Read on to find out how. Read More
Are you aware of how to lodge a complaint with the UAE Central Bank? Souqalmal.com details the process and the conditions related to lodging your grievances with the country's financial regulator. Read More
The UAE Cabinet has just passed a federal law that's going to protect struggling borrowers from jail time and prosecution. Here's all you need to know about the new financial insolvency law and what it means for you. Read More
Looking for a new home in sunny Dubai? These new and popular residential areas offer everything from affordable rents to fitness facilities, shopping centres and more. Read More
The UAE Central Bank has announced new rules for home loans in the country. Find out what these changes mean for you. Read More
Just last month, the UAE Central Bank followed in the US Fed's footsteps to cut its key lending rate. How has this impacted borrowers and savers in the country? Here's a simple explanation of what this big move means for YOU. Read More
Paying off your mortgage fully can seem like a mammoth task. But with the right attitude and strategy you can chip away at it a lot faster. We explore some practical ways that can help you wave goodbye to your mortgage sooner than expected. Read More
Are you stuck with a home loan amount that's higher than the current value of your home? We explain the concept of 'underwater mortgage' and the options you have available to remedy the situation. Read More
Debt cycle, debt trap, debt spiral - Call it what you may, being stuck with never-ending debt is a stressful experience. Souqalmal.com explains how you can escape a debt cycle and earn back your financial freedom. Read More
Are you constantly struggling to keep up with your financial commitments? You may be financially overextended without even realizing it. We list the telltale signs and risks associated with being overextended and what positive changes you should make in order to regain control over your finances. Read More
As a first time home buyer, you obviously want everything to go smoothly. We've listed some key mistakes to avoid, so you end up with the home that's just right for you and your family. Read More
When it comes to deciding on a place to rent in Dubai, it is best to start crunching some numbers before browsing rental listings. Souqalmal.com outlines all the factors you must consider when trying to nail down a housing budget. Read More
Do you keep hearing the term 'Escrow Account' but have no idea how it affects you as a prospective property buyer in Dubai? Keep reading to understand how the Escrow system works and how it impacts the Dubai off-plan property market. Read More
Are you planning to buy or rent a new place in Dubai? With plenty of choices available for every type of budget, picking between a villa or apartment can be a tricky decision. We help you figure out which one fits your lifestyle better. Read More
Have you decided to turn 'Homeowner' in the UAE? It can be pretty daunting to figure out where and how to get started on your search for the perfect house. That's why we've created this first-time homebuyer's guide to help you get started. Read More
Looking to apply for a new loan? You don't have to settle for the first deal you come across. With a little bit of careful research and haggling skills, you can successfully bring down the interest rate and save big bucks in the long run. Read More
The UAE Central Bank has just raised its key policy rate the fourth time this year. Souqalmal.com explains what this means for the average UAE resident's personal finances. Read More
Looking for ways to boost the value of your home? Here are some practical tips and tricks to make your property truly stand out and make prospective buyers go 'Wow'! Read More
Moving to a new apartment can be exciting and overwhelming all at the same time. Here's a handy guide to help you prepare for and manage the relocation and living expenses up ahead. Read More
Want to buy your dream home, but wondering how you'll save up enough for that hefty down payment? We've got a few tips that will help you gather the funds you need to call a home your own in the UAE... Read More
Tired of losing rental income on your vacant property in the UAE? Here are five tips to help you attract tenants and rent it out faster... Read More
Like any other investment, off-plan property purchase comes with its share of risks too. If you’re considering investing in an off-plan property in Dubai, here’s what you need to know before finalizing your purchase. Read More
Have you ever considered property as an investment but aren't sure where to start? Checkout our guide below to help you get started. Read More
What's the difference between an Islamic mortgage and a conventional mortgage? Find out how the two types of mortgages are handled differently. Read More
We look at the rules associated with buying property in Sharjah, and what the rent rules are if you're looking to buy to let. Read More
Considering a home loan is a long-term commitment, it's important to take time to do your homework and find out what options are available. Read More
With rental rates still rising, now could be a good time to buy. With many steps to go through, where do you start when buying property in the UAE? Read More
The best ways to rent out your buy-to-let property in the UAE and the laws a landlord must abide by. Read More
The UAE property market is booming once more encouraging many investors to sink their cash into real-estate. But rather than live in the home themselves, they plan to let it out to earn a rental income. So what should buy-to-let investors look out for? Read More
They say a man’s home is his castle but for expats living in the UAE, deciding whether to invest in a property here or in their home country is a bit of a quandary? So how should they decide? Property should be a key component of any investor’s... Read More
