Emaar Development has teamed up with ADCB to ease home financing.
The Dubai developer announced a strategic partnership with Abu Dhabi Commercial Bank aimed at streamlining the purchase of both ready and off‑plan premium residential communities. By joining forces, the two organisations hope to combine Emaar’s extensive portfolio of high‑end projects with ADCB’s deep mortgage expertise, creating a smoother path for buyers across the market.
New financing terms for buyers
Under the off‑plan arrangement, eligible buyers can secure pre‑approval covering up to 50% of a property’s value. The approval is renewable each year and remains valid for an initial 12‑month period throughout construction, lasting until the handover. This renewable structure gives purchasers the confidence to plan their finances well in advance, knowing the financing will stay in place as the development progresses.
ADCB is also offering market‑leading interest or profit rates starting from 3.49% per annum fixed for three years, available for a limited time. In addition, the bank will waive processing and valuation fees, reducing upfront costs for purchasers. The combination of a low fixed rate and fee waivers helps improve affordability, especially for buyers who need to manage cash flow during the construction phase.
Benefits for homebuyers
The collaboration blends ADCB’s mortgage expertise with Emaar Development’s portfolio, delivering a digitally enabled process that gives customers greater certainty and flexibility during the construction phase. The digital platform streamlines application, approval and disbursement, cutting paperwork and shortening the time needed to secure financing.
By providing renewable pre‑approval and lower financing costs, the partnership aims to boost confidence and affordability for buyers seeking handover payments, reinforcing the strength of Dubai’s real‑estate market as a key driver of the UAE’s economic growth. The initiative underscores the continued vitality of the sector and its contribution to the broader economy.
Overall, the joint effort is designed to make buying both ready and off‑plan properties more straightforward, offering buyers a clear, cost‑effective financing route that aligns with the dynamic pace of Dubai’s property development.
Frequently asked questions
What is the pre-approval percentage offered by ADCB for Emaar Development buyers?
Eligible buyers can secure pre-approval covering up to 50% of a property's value.
What are the fixed interest rates offered by ADCB for Emaar Development buyers?
ADCB is offering market-leading interest or profit rates starting from 3.49% per annum fixed for three years.
Are there any fees waived for Emaar Development buyers?
Yes, ADCB will waive processing and valuation fees, reducing upfront costs for purchasers.
