New Dubai Initiative Expands Exciting Financing Opportunities for First-Time Buyers

Thursday, 27 November 2025

A new partnership between Majid Al Futtaim and Emirates NBD is set to transform Dubai’s property market by offering off-plan mortgage financing for the first time across all Majid Al Futtaim communities. The initiative enhances accessibility, flexibility, and long-term planning for first-time buyers and investors.

Key Highlights:

Majid Al Futtaim and Emirates NBD sign a landmark MoU to offer mortgage financing for off-plan properties.
First-time buyers gain easier access to flexible and secure home financing options.
Homebuyers can apply for mortgages after completing 50% of their off-plan payments.
Attractive benefits include competitive interest rates, up to 25-year repayment terms, and eligibility for both UAE nationals and residents.
The initiative aligns with Dubai Land Department’s supportive programs, including reduced down payments and DLD fee waivers.
The model offers greater financial clarity and planning stability for buyers entering Dubai’s expanding real estate market.
Supports Dubai’s vision for sustainable homeownership and strengthens investor confidence.
Marks the beginning of enhanced, long-term financing solutions across Majid Al Futtaim communities.