DAMAC Properties has partnered with Abu Dhabi Islamic Bank (ADIB) to launch an innovative home financing plan, allowing buyers to secure financing for off-plan properties once construction reaches 35% completion. This makes DAMAC the first UAE developer to offer such a flexible option, making luxury homeownership more accessible.

The initiative aligns with DAMAC and ADIB’s commitment to providing customer-centric financial solutions, catering to evolving market needs. As Dubai’s real estate market surges, this financing model empowers investors to secure prime properties while benefiting from market appreciation.

DAMAC’s Managing Director, Amira Sajwani, called it a "game-changer" for residents and investors, reinforcing its commitment to making homeownership a reality for many. ADIB’s Head of Home Finance, Elie Hayek, emphasized the bank’s dedication to providing seamless, Sharia-compliant financing solutions.

With property values expected to rise, this initiative ensures that premium real estate remains within reach for a broader range of buyers, setting new benchmarks in UAE real estate financing.