Dubai Holding Real Estate and ADCB Launch New Off-Plan Financing Solutions
Eligible buyers across selected Nakheel and Meraas developments can access home financing after paying 50% of the property value, regardless of construction progress.
Dubai Holding Real Estate and Abu Dhabi Commercial Bank (ADCB) have announced a strategic partnership to provide tailored off-plan home financing solutions for buyers across selected developments by Nakheel, Meraas and Dubai Properties.
Under the new arrangement, eligible buyers at Palm Jebel Ali, The Acres and Nad Al Sheba Gardens can access home financing once they have paid 50% of the property's value to the developer, regardless of the project's construction progress.
The financing package includes pre-approvals valid for up to 18 months, with competitive rates starting from 3.49% per annum, fixed for three years. Buyers can also benefit from waived processing and valuation fees, digital onboarding, exclusive rewards and dedicated support through ADCB Mortgage Centres.
The partnership is designed to provide buyers with greater visibility over future payment obligations while making the transition from property purchase to handover more seamless.
ADCB's off-plan financing solutions will also be available across other residential communities developed by Nakheel, Meraas and Dubai Properties, subject to the required construction milestones being achieved.
