- New product offers integrated Shariah-compliant finance for off-plan freehold properties, with progressive payments aligned to developer’s milestones
- The proposition offers financing of up to 50% of the property value, offering greater flexibility and transparency throughout the construction journey
- Available to eligible UAE Nationals, residents and non-residents
Sanjay Malhotra, Chief Consumer Banking Officer, DIB
Introduced under the theme “DIB Home Finance – The Smart Way to Buy Off-Plan”, the new proposition provides customers with an integrated Shariah-compliant financing solution that helps facilitate remaining tranche payments linked to the developer’s milestones, up to property delivery.
The launch comes as demand for off-plan property continues to play an important role in the UAE’s real estate market, supported by strong investor confidence, population growth and the country’s position as a leading destination for residents and global buyers. Through this proposition, DIB aims to provide greater flexibility and transparency to customers seeking to finance off-plan homes while managing their financial commitments during the construction period.
Under the new product, customers pay only the profit component during the construction phase, with the amount increasing progressively as DIB releases tranche payments to the developer in line with the agreed milestone plan. The full monthly instalment, comprising principal and profit, begins only upon property handover or within 24 months of taking the Off-Plan Home Finance, whichever comes first.
The proposition offers finance of up to 50% finance-to-value and is available to eligible UAE nationals, residents and non-residents, including DIB’s existing customers across diverse segments. The offering enables greater access to tailored financial solutions that respond to customers’ evolving needs, subject to meeting the applicable eligibility criteria.
Sanjay Malhotra, Chief Consumer Banking Officer at DIB, said: “The UAE’s real estate sector continues to reflect the strength of the national economy, supported by long-term demand, world-class developments and a clear agenda for sustainable growth. As customer preferences evolve, especially within the off-plan segment, home finance must also become more flexible, transparent and aligned with how people buy property today. Our new Off-Plan Home Finance proposition is designed to support customers through the construction journey by easing financial pressure in the early stages and aligning payments with developer milestones. This reflects DIB’s continued focus on delivering Shariah-compliant solutions that are practical, customer-centric and connected to the real needs of the market.”
DIB is also exploring strategic collaborations with leading UAE developers to support wider access to off-plan home finance across major freehold projects. These collaborations aim to create a more seamless financing journey for customers purchasing properties during the construction phase, while supporting developers and buyers through a more integrated approach to home ownership.
The launch reinforces DIB’s commitment to supporting customers with innovative, Shariah-compliant financial solutions that respond to evolving lifestyle needs and market dynamics. It also reflects the Bank’s broader role in enabling responsible home ownership and contributing to the continued growth of the UAE’s real estate ecosystem.
For complete product details, terms and conditions, and frequently asked questions, please visit www.dib.ae
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