Investor takeaway
Affordability needs price, cash and monthly-payment context
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Published by PropertyStellar Editorial Team. Read our editorial policy and research methodology.
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.
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