Dubai Holding Real Estate and ADIB launch Sharia-compliant home financing across Nakheel, Meraas and Dubai Properties
Dubai Holding Real Estate and Abu Dhabi Islamic Bank unveil a dual-track Sharia-compliant home financing scheme covering off‑plan and completed properties across Nakheel, Meraas and Dubai Properties, expanding Islamic mortgage access for eligible buyers.
Dubai Holding Real Estate has signed a strategic partnership with Abu Dhabi Islamic Bank (ADIB) to expand access to Sharia‑compliant home financing for eligible customers across its consumer-facing brands Nakheel, Meraas and Dubai Properties.
The agreement establishes a dual-track financing framework designed to cover both off‑plan (properties on the map) and completed units, aiming to provide a clearer pathway to homeownership.
Company executives described the move as part of Dubai Holding Real Estate’s broader effort to widen the financing ecosystem available to its homebuyers and to boost confidence at key stages of the buyer journey.
Scope of the dual-track Sharia-compliant financing
The partnership delivers a comprehensive, Sharia‑compliant financing framework that accommodates distinct purchase stages and property types.
One track is tailored for off‑plan purchases, enabling structured payment plans that align with project timelines and developer milestones.
The second track addresses completed properties, offering tailored finance terms for ready units to help buyers transition from reservation to ownership more efficiently.
Brands and projects covered under the agreement
Under the deal, financing solutions will be available across Dubai Holding Real Estate’s retail brands: Nakheel, Meraas and Dubai Properties.
This coverage spans a wide range of residential projects, from large masterplanned communities to boutique developments, reflecting the diversity of the group’s housing portfolio.
By linking financing directly to the developer brands, the scheme seeks to simplify eligibility checks and documentation for prospective buyers.
Comments from Dubai Holding Real Estate leadership
Khalid Al Malik, chief executive of Dubai Holding Real Estate, said the partnership represents a significant step to broaden access to organised housing finance across the group’s residential portfolio.
He noted the initiative is intended to provide clearer ownership pathways and to strengthen buyer confidence at various stages of the property purchase process.
Al Malik emphasized that collaboration between developers and banking partners can play a central role in supporting Dubai’s growth and reinforcing the emirate’s attractiveness for living and investment.
ADIB’s rationale and expected customer benefits
Mohammed Abd al‑Bari, group chief executive at Abu Dhabi Islamic Bank, framed the deal as part of ADIB’s commitment to offer innovative, Sharia‑compliant financing solutions that meet growing customer demand.
ADIB expects the partnership to increase the pool of buyers who can access structured and flexible home finance options while ensuring compliance with Islamic finance principles.
The bank highlighted that supporting home purchases through organised, compliant products helps broaden financial inclusion and gives buyers more predictable repayment pathways.
Implications for Dubai’s housing market and buyers
Market observers say tying developer supply with a dedicated Islamic finance partner can streamline transactions and reduce friction for buyers navigating off‑plan purchases.
For customers, the move should mean more transparent financing routes, potentially faster approvals and loan structures aligned with project payment schedules.
Developers may also benefit from improved sales traction when buyers can access credible, prearranged financing solutions from a major Islamic bank.
Operational rollout and next steps
Both organisations indicated implementation will focus first on eligible purchasers identified across the three brands, with processes to be aligned to each project’s delivery timetable.
Operational details such as specific product features, eligibility criteria and application procedures will be communicated to customers through the developers’ sales channels and ADIB’s network.
Dubai Holding Real Estate said it will continue to expand its financing ecosystem to include additional channels and partners as market needs evolve.
The partnership between Dubai Holding Real Estate and Abu Dhabi Islamic Bank creates a targeted channel for Sharia‑compliant home financing across major developer brands, aiming to make ownership more accessible and predictable for qualified buyers.
