Off-Plan & Under-Construction Finance
While UAE banks do not generally fund early-stage construction installments, mortgage financing becomes critical as projects approach completion and handover.
Key Regulatory Parameters
Reviewed: 2026-10-21What It Is
Under-construction finance provides mortgage funding for properties being built by approved developers, typically disbursed at project completion or when title is registered with the land department under Oqood or pre-title registration.
Key Features & Structure
- Structured handover mortgages to pay off the final developer completion installment.
- Central Bank LTV cap of 50% during the off-plan stage, transitioning to standard ready rates upon handover.
- Ability to lock in mortgage approvals prior to official keys handover.
Who It Suits
Investors and homeowners with existing developer payment plans needing financing for final handover amounts (typically 40% to 50% of purchase price).
Important Things to Consider & Risks
- Developer must be licensed and project registered with escrow accounts under RERA/DLD.
- Valuation occurs close to handover; any discrepancy between purchase price and market valuation affects loan amount.
Typical Documents Required
- Initial Sale Contract / Oqood registration
- Proof of all developer payment installments paid to date
- Developer statement of account
- Standard income & KYC documents
Estimate Your Monthly Payments
Use our client-side calculator to model repayment scenarios under CBUAE rules.
Frequently Asked Questions
No. Central Bank regulations cap mortgage financing for off-plan properties at 50% LTV until completion and issuance of the completion certificate/Title Deed.
Begin the consultation process approximately 2 to 3 months before your projected handover date to ensure valuation and pre-approvals are in place.