DAMAC & ADIB Launch ‘Game-Changing’ Home Financing Solution in UAE
Tuesday, 11 March 2025
DAMAC Properties partners with Abu Dhabi Islamic Bank (ADIB) to introduce an innovative home financing solution, making luxury real estate more accessible. This initiative allows UAE residents to secure financing for off-plan properties once construction reaches 35% completion, setting a new standard in the market.
Key Highlights:
- Innovative Financing Option – DAMAC becomes the first UAE developer to offer home financing for off-plan properties at 35% construction completion.
- Strategic Partnership – Collaboration with ADIB aims to enhance financial accessibility for buyers and investors.
- Market Growth Alignment – Supports UAE’s booming real estate market by enabling easier access to prime properties.
- Customer-Centric Approach – Provides seamless, Sharia-compliant home financing tailored to modern investor needs.
- Luxury Homeownership Made Easier – Reinforces DAMAC’s commitment to making high-end real estate investments more attainable.
- New Industry Benchmark – Sets a precedent for financial flexibility in the UAE property sector.