What is a Final Offer Letter (FOL) in Dubai?

A Final Offer Letter is issued by a mortgage lender once the buyer's finance has progressed to the appropriate stage and sets out the final mortgage terms being offered.

It is an important milestone in a mortgage purchase and is generally required before the transaction can progress through the remaining bank and transfer stages.

CLC coordinates the conveyancing process alongside the buyer's bank or mortgage broker so the mortgage requirements remain aligned with the transaction.