Foreign investors, end-users and District 2020 will continue to drive Dubai real estate sector’s growth this year as the emirate offers a complete lifestyle with an excellent infrastructure to the property buyers, according to reports.

Mortgage Finder, a tech enabled mortgage advisory service powered by Property Finder, said about 82 per cent of mortgages in the UAE last year were from first-time buyers and they are willing to reside within the property. The UAE residents accounted for majority of borrowers at 94 per cent while 90 per cent of borrowers opted for fixed rate mortgages.