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Owning your own villa will turn housing cost from a liability into a wealth building exercise. You came here to build wealth, not lose it. Inflation raises prices, and that is true for housing as well. Long term inflation in UAE is 4%. Therefore, villa prices will rise by 27% every 6-years. This trend has been proven right by Land-Department data over last 20-years. To buy this house you need Dh 430k cash, and in 6-years the villa have risen to Dh 2.4 mln while the mortgage would have reduced to Dh 1.38 mln. Which means that your equity will rise to Dh 1.02 mln in the house. This also means your investment has grown by 137%. This is how you build wealth. You will still have some worries, are there any solutions?
And what if...?
If you lose your job and can’t afford the mortgage, don’t worry, our rental team will rent the villa. At today’s rate, that would be Dh 140,000 per year. The rent will repay the mortgage and give you some profit as well. If you must leave the country, you and your family still own the villa. All you have to do is let our rental team rent the villa. The rent will go into your mortgage account ensuring mortgage gets repaid. And over time the villa will keep building you wealth.
Call me today on 050-4606807 and I will initiate a FREE initial consultation process. What is more, my company will offer you a FREE mortgage service.
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