What is mortgage refinancing (remortgaging) in Dubai?
Refinancing, or remortgaging, replaces your existing home loan with a new one, to secure a lower rate, switch fixed to variable, shorten or extend the term, or release built-up equity as cash. It can be done with your current bank as a product switch, or by moving to a new lender, which is called a buyout.
Rules and eligibility criteria change — confirm the current position with the relevant authority before acting. This is general information, not legal advice.
