Services
Mortgage for Off-Plan Property
Off-plan financing works differently from ready property — most buyers pay the developer's construction instalments directly and bring in a mortgage near completion.
| Financing during construction (top developers) | up to 50% financed |
| Financing at handover/final payment | up to 80%, no additional down payment required at handover |
| Bank requirement | Project typically needs ~40% construction completion before a bank will approve drawdown |
| Rate | from 3.99–5.5% p.a. |
Documents
- Passport
- Visa + Emirates ID, for residents
- Salary certificate / employment contract, for salaried applicants
- 3–6 months personal bank statements (bank-dependent)
- Payslips / WPS evidence, where required
- Company licence, corporate statements, VAT/CT/audit documents, for business-owner applicants
- Property documents: booking form / SPA / Oqood / title deed / MOU / statement of account, depending on the case
- Existing liabilities: credit cards, loans
We reply within 15 minutes during working hours
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Frequently asked questions
No — most banks require meaningful construction progress (around 40%) before financing an off-plan unit.
Paying construction instalments in cash, then arranging a bank mortgage at handover to cover the remaining balance — avoids interest during construction.
No — banks maintain approved-developer lists; major names like Emaar, Dubai Holding and Aldar are typically included.
Rarely — most off-plan financing products are for residents; non-residents typically use the developer's payment plan.
Funds sit in a DLD-controlled escrow account and release only at verified milestones, protecting the buyer.
Talk to us about your situation
We reply within 15 minutes during working hours
Tell us your goal, your nationality or residency status and your rough timeline — the more specific the first message, the faster we can help.
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