Emaar Buyers Can Secure Financing Before Property Handover

Emaar Buyers Can Secure Financing Before Property Handover

By Gulfnews • 86 days ago

Summary:

Emaar homebuyers can now secure up to 50% financing before property handover through a new agreement with Abu Dhabi Commercial Bank (ADCB). This financing option applies to both ready and off-plan homes in Emaar's Dubai communities. The initial pre-approval lasts for 12 months and can be renewed annually, reducing uncertainty about funding access at handover. ADCB offers interest rates starting at 3.49% fixed for three years, with no processing or valuation fees. This initiative aims to make home ownership more accessible while providing clearer financing during construction.

Source: Gulfnews

Author: Nivetha Dayanand

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