Zawya - Press Releases: Dubai Holding Properties and Commercial Bank of Dubai launch a home finance program for Nakheel, Meraas and Dubai Properties customers
- The program includes conventional and Islamic financing solutions, fast digital pre-approval, and customized mortgage financing support.
- Financing is available starting from the completion of 30% of the construction phase, provided that the clients have met the condition of paying 50% of the property value.
Dubai, UAE – Dubai Holding Properties, one of Dubai’s largest integrated real estate developers, has announced a partnership with Commercial Bank of Dubai to launch a new home finance program for eligible customers purchasing properties across its Nakheel, Meraas and Dubai Properties brands.
The program is available to UAE nationals and residents, including eligible employees and self-employed individuals, who wish to purchase off-plan or completed villas and apartments within Dubai Holding Properties' portfolio of projects. The program aims to provide a smoother and more transparent ownership pathway, offering preferential pricing, attractive fee structures, expedited digital registration, dedicated relationship management, and access to a selection of premium banking benefits.
The program offers both conventional and Islamic financing solutions, subject to eligibility requirements and regulatory approval, thus expanding the range of options available to customers across the country. It also includes a digital pre-approval process supported by an automated eligibility assessment, providing customers with greater clarity regarding their borrowing capacity from the outset and contributing to a more efficient financing process.
One of the program's key advantages is the ability to access financing as early as 30% completion of construction, provided the client has paid 50% of the property value. This allows eligible buyers to explore available financing options early on, giving them greater confidence and certainty when planning their purchase. The program is designed to meet the needs of discerning buyers, offering tailored home financing solutions for eligible purchasers of off-plan or completed properties, with attractive fixed and variable interest rates.
For salaried employees, digital pre-approval will provide greater clarity and reduce processing time. Self-employed buyers, including entrepreneurs and SMEs, will benefit from simplified documentation requirements and flexible eligibility frameworks designed to improve access to finance. Eligible customers will also be able to take advantage of Dubai Commercial Bank’s premium banking services, including Elite Banking.
On this occasion, Khalid Al Malik, CEO of Dubai Holding Properties, said: “Enabling customers to access favorable home finance options early in their homeownership journey has always been a top priority for us at Dubai Holding Properties. Our partnership with Commercial Bank of Dubai comes in response to this pressing need by providing earlier and more structured access to home finance solutions in Nakheel, Meraas, and Dubai Properties projects for UAE nationals and residents, including employees and self-employed individuals. By leveraging our diverse portfolio of housing options, we are giving buyers greater confidence to plan and move forward with their decisions, further solidifying Dubai Holding Properties’ role in developing more sophisticated and accessible residential communities in Dubai’s most prominent residential destinations.”
Dr. Bernd van Linder, CEO of Commercial Bank of Dubai , said: “Customers today are no longer just looking for financing; they are seeking clarity, transparency, speed, and reliable guidance throughout their property ownership experience. Through our partnership with Dubai Holding Properties, we are facilitating access to home financing through fast digital pre-approvals, specialized expertise in real estate finance, and an efficient registration process. All of this reflects Commercial Bank of Dubai’s commitment to supporting customers and contributing to the sustainable growth of Dubai’s real estate market.”
This partnership reflects the continued alignment between the real estate and banking sectors in Dubai, as the two sectors collaborate to support market resilience, customer confidence and sustainable economic growth.
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