Modon and Abu Dhabi Islamic Bank (ADIB) announced a strategic partnership to introduce Abu Dhabi’s first off-plan home financing solution, enabling eligible buyers to secure financing throughout the entire property development journey, from construction to handover.
Available exclusively for future Modon developments, the new solution allows eligible homebuyers to finance up to 75% of a property’s value during the off-plan and construction phases, marking a first for Abu Dhabi’s real estate market.
Key highlights:
• Abu Dhabi’s first off-plan home financing solution
• Financing of up to 75% of the property’s value during construction
• Available exclusively for future Modon developments
• Financing covers the entire journey from construction to handover
• Introduced through a strategic partnership between Modon and ADIB
Under the financing structure:
• Buyers pay 15% during the construction phase
• A further 5%–10% is payable upon handover
• ADIB finances up to 75% of the property’s value, subject to customer eligibility
According to Modon and ADIB, the partnership is designed to make homeownership more accessible, expand access to off-plan investments and provide greater flexibility for buyers while supporting the continued growth of Abu Dhabi’s real estate sector.
The companies added that the initiative reflects their shared commitment to developing innovative financing solutions that enhance the home-buying experience and strengthen Abu Dhabi’s position as one of the region’s leading real estate investment destinations.
Source: Modon / Abu Dhabi Islamic Bank (ADIB)
Disclaimer: This post is for informational purposes only and should not be considered investment or financial advice.