[Design Architect]

Dear All,

I have recently started to take interest in this whole "property" thing in Dubai, so now I have a couple of questions (which may be helpful to others as well)

- If somebody is advertising property with payment plan lets say 40% now, 30% in next couple of months and 30% on finish construction, can that property be payed with mortgage?? And does that mean that bank will approve 60% of finance or it can approve up to 90%???

- Current prices are all over the place as I see now. I was looking at JLT and it striked me that prices are very close to Dubai Marina Projects. And I don't mean Marina Diamond. Am I missing something. Not to say that Jebel Ali Downtown is climbing to 2500dhs/sqft and you can find a decent apartment in Dubai marina for 1500dhs/sqft

- Whats your opinion on off plan buying in Marina now, and is Marina good investment in a bit longer period (1-2years)

- If I take mortgage for one apartment - and buy it, how difficult is to get second one for (to buy another property and to rent it?)

Thank you very much
Regards