Dubai Holding Property and Emirates NBD, a leading banking group in the Middle East, have unveiled a memorandum of understanding aimed at delivering an array of comprehensive financing solutions for residential projects currently under construction by both “Meraas” and “Nakheel” as well as “Dubai Properties”.
This collaboration marks a significant enhancement in the experience of purchasing off-plan homes in Dubai, granting eligible clients access to customized mortgage solutions from the initial stages of buying their properties. By integrating organized financing directly into the sales process, this initiative ensures transparency regarding affordability, competitive pricing, and a smoother journey from reservation to delivery.
The initiative is open to both residents and non-residents of the United Arab Emirates, subject to requisite regulatory approvals, and aims to bolster transparency while alleviating uncertainty for buyers, ultimately promoting responsible and sustainable growth within Dubai’s real estate sector.
Dubai Holding Property is moving beyond traditional payment plans typically adopted by property developers, as it incorporates Emirates NBD’s mortgage offerings into its clients’ home-buying experiences within its premium real estate projects. Buyers who secure preliminary mortgage approval for off-plan homes will benefit from enhanced financial stability and improved liquidity management throughout the construction period.
This partnership also further enhances Dubai’s long-term urban and economic ambitions, aligning with the objectives set forth in the Dubai Urban Master Plan 2040, which aims to improve housing accessibility and support a resilient and well-regulated real estate market.
On this occasion, Khaled Al Malek, CEO of Dubai Holding Property, stated, “The real estate market in Dubai continues to evolve into a global standard for growth and investment. Through our collaboration with Emirates NBD, we aim to refine the process of purchasing off-plan homes by directly integrating a range of structured mortgage solutions into the customer experience. This initiative contributes to establishing a more organized and predictable purchasing pathway for buyers throughout the project development cycle.”
In addition, Marwan Hadi, Head of Retail Banking and Wealth Management at Emirates NBD, remarked, “We are pleased to partner with Dubai Holding Property to enhance the financing process for homes under construction in Dubai. By offering organized mortgage solutions from the onset of home purchase, we provide our clients with greater financial clarity and confidence in their purchasing decisions. This initiative reflects our commitment to enabling sustainable home ownership while promoting transparency and responsible lending within the UAE’s real estate market.”
It is noteworthy that Dubai recorded over 270,000 real estate transactions valued at a total of 917 billion dirhams in 2025, with properties under construction accounting for more than 70% of total residential deals, according to the Dubai Land Department. This partnership is expected to strengthen market confidence and support the growing demand for high-quality residential projects throughout the emirate.