Why do non-residents face different lending criteria in Dubai?
Non-residents often encounter stricter lending criteria due to perceived risk. Lenders may offer lower LTV ratios and require more documentation. From experience, it's crucial for non-residents to work with a knowledgeable advisor to navigate these challenges and find suitable loan options.
Rules and eligibility criteria change — confirm the current position with the relevant authority before acting. This is general information, not legal advice.