Bank AlJazira introduced the “ARM”, adjustable Repayment Mortgage program which allows to obtain Real Estate finance with lower installments in the first period in case of having other liabilities such as Personal Finance or Financial lease and then the Real Estate finance installments will increase once other liabilities are settled.

The insight was based on the fact that the consumer thoughts that of they have any personal loans they will not be able to get any mortgage loan and that they had to wait until they payback their personal loans before starting their dream home. So hence why wait.