Abu Dhabi Islamic Bank (ADIB) and DAMAC Properties have launched a new home financing plan in the UAE aimed at making property ownership more accessible and affordable for residents and investors.
The strategic partnership introduces a flexible financing solution that offers eligible buyers financing of up to 85 percent of the property value, alongside several cost-saving benefits designed to simplify the homebuying process.
ADIB and DAMAC Introduce Flexible UAE Property Financing
The newly launched financing solution reflects a shared commitment by ADIB and DAMAC Properties to support sustainable growth in the UAE real estate market while expanding homeownership opportunities for individuals and families.
Under the agreement, DAMAC customers can receive financing of up to 85 percent of the property value upon handover. The package also includes subvention support equivalent to finance profit charges for up to six months, helping reduce the financial burden on buyers during the early stages of ownership.
The financing plan additionally waives property valuation fees and provides complimentary property takaful insurance, offering extra financial protection and reducing upfront expenses for customers.
UAE Homeownership Becomes More Accessible
The partnership aims to remove major financial barriers that often prevent buyers from entering the UAE property market.
By reducing initial ownership costs and simplifying the financing process, the initiative is expected to encourage more residents to invest in long-term homeownership across Dubai and other emirates.
Industry experts believe the move supports the UAE’s growing residential property sector while contributing to resident stability and economic confidence.
DAMAC Highlights Commitment to Stable Housing Solutions
Amira Sajwani, Managing Director of DAMAC Properties, emphasized that the collaboration focuses on making homeownership easier and more affordable for UAE residents.
She stated that providing accessible pathways to property ownership helps support family stability and long-term prosperity, especially as demand for residential real estate continues to rise across the UAE.
According to Sajwani, DAMAC remains committed to developing innovative solutions that help individuals and families secure quality homes in a rapidly evolving market.
ADIB Advances Digital Islamic Banking Solutions
Amit Malhotra, Global Head of Retail at Abu Dhabi Islamic Bank, said the partnership reflects ADIB’s broader strategy to enhance customer experience and strengthen its position as a leading Islamic financial institution.
He highlighted the bank’s recent digital transformation initiatives, including a new digital onboarding system launched earlier in 2026 that reduced home finance application times from several days to just minutes.
The latest financing partnership aligns with ADIB’s Vision 2035 strategy, which aims to position the bank among the world’s most innovative Islamic banking institutions through advanced financial technology and customer-focused services.
UAE Real Estate Market Continues to Attract Buyers
The launch of the ADIB-DAMAC financing package comes at a time when the UAE real estate market continues to experience strong demand, supported by investor confidence, economic diversification, and government-led initiatives promoting long-term residency and property ownership.
Flexible financing solutions and reduced entry costs are increasingly becoming key drivers behind the growth of the UAE’s residential property market, especially in Dubai and Abu Dhabi.
The partnership between ADIB and DAMAC is expected to further strengthen buyer confidence while encouraging sustainable expansion across the country’s real estate sector.
