Dubai Holding Real Estate, one of the largest integrated master developers in Dubai, has entered into a strategic partnership with Abu Dhabi Islamic Bank (ADIB) to expand access to Sharia-compliant home financing solutions for eligible customers across Nakheel, Meraas and Dubai Properties.
The partnership introduces a comprehensive Sharia-compliant dual-track financing framework for both off-plan and completed (handover) properties, offering customers a seamless, end-to-end homeownership journey. Tailored home finances are available for qualifying off-plan properties and for completed units, with competitive profit rates and flexible terms of up to 25 years.
The home finance structure that is Sharia-compliant provides buyers with a clear and structured path to off-plan ownership. Payments are aligned to project milestones, offering both flexibility and transparency. The result is a more considered and accessible route into Dubai’s off-plan market.
The agreement builds on Dubai Holding Real Estate’s expanding suite of customer financing solutions across its consumer-facing brands, including Nakheel, Meraas and Dubai Properties. It reflects the company’s continued focus on enhancing the customer experience, improving access to structured financing and supporting Dubai’s position as a globally competitive real estate market.
Khalid Al Malik, Chief Executive Officer of Dubai Holding Real Estate, said: “Our partnership with Abu Dhabi Islamic Bank is another important step in expanding access to structured home financing across our residential portfolio. By enabling eligible customers to access Sharia-compliant solutions across both off-plan and completed properties, we are creating clearer pathways to ownership and strengthening confidence at each stage of the customer journey. It also reflects the important role that developer-bank partnerships can play in supporting Dubai’s continued growth as one of the world’s most attractive cities to live, invest and own a home.”
Mohamed Abdelbary, Group Chief Executive Officer of Abu Dhabi Islamic Bank, said: “Our partnership with Dubai Holding Real Estate reflects ADIB’s commitment to delivering innovative Sharia-compliant financing solutions that meet the evolving needs of customers. By supporting both off-plan and completed home purchases, we are helping more customers access structured and flexible home financing solutions, while contributing to the continued development of the UAE’s dynamic real estate sector.”
Dubai Holding Real Estate’s portfolio brings together some of Dubai’s most established and sought-after destinations across Nakheel, Meraas and Dubai Properties, spanning waterfront, urban and master-planned communities.
Through this collaboration, customers will benefit from a more connected financing journey, combining Dubai Holding Real Estate’s residential platform with ADIB’s expertise as one of the UAE’s leading Islamic financial institutions.
All financing remains subject to ADIB’s due diligence, internal approvals, applicable regulatory requirements, final documentation and terms and conditions. – TradeArabia News Service