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Source: Damac Suncity Brochure
Published on 03/05/2025

DAMAC & ADIB Introduce Game-Changing Home Finance Solution in UAE

UAE’s First Off-Plan Home Financing, DAMAC & ADIB Offer Loans at 35% Construction Mark Amid Surging Market

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.

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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.