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I was wondering what you can do in situation when I decided to leave Dubai and I still want to pay out my liability on normal basis like installment rates?
I got answer from bank that in situation like that customers disposed property well in advance and thus settle off the loans because banks in UAE do not support facilities or service for NON-RESIDENTS.
To be honest this is weird for me because bank will have my property as a security that I will pay out my mortgage.
I would like to take long time mortgage and some day just leave this country and still own property here and slowly pay out my liabilities.
Do you see any solution for that?

--- Sun Aug 12, 2012 8:35 am ---

Take a loan in the country you will reside in and use the money to pay off the property in Dubai, then pay your loan in the country you reside in.