Emaar buyers gain access to ADCB financing with rates starting at 3.49%.
Dubai: Eligible Emaar Development customers can obtain pre-approval for financing of up to 50 per cent of a property’s value under a new agreement with Abu Dhabi Commercial Bank.
The financing option will apply to both ready and off-plan properties across Emaar Development’s premium residential communities in Dubai.
Initial pre-approval will remain valid for 12 months and can be renewed annually throughout the construction period until the property is handed over.
Financing certainty during construction
The annually renewable structure allows eligible buyers to secure a significant portion of their financing before an off-plan property is completed, helping reduce uncertainty around funding availability at the time of handover.
Customers will be able to complete their applications through a streamlined, digitally enabled process supported by ADCB’s mortgage services.
The agreement also extends financing options to buyers purchasing completed properties across Emaar Development’s portfolio.
Rates start from 3.49%
ADCB will offer interest or profit rates starting from 3.49 per cent per annum, fixed for three years, as part of the limited-period financing offer.
Eligible buyers will also benefit from waived processing and valuation fees, helping to reduce some of the upfront costs involved in arranging property finance.
The companies said the financing solutions are designed to make home ownership more accessible by lowering initial expenses while providing greater certainty over funding throughout the construction period
