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Posted on Originally published at doment.ai

Dubai Holding Real Estate and Commercial Bank of Dubai Launch Home Financing for Nakheel, Meraas and Dubai Properties Buyers

Dubai Holding Real Estate, the developer behind Nakheel, Meraas and Dubai Properties, has teamed up with Commercial Bank of Dubai to fold a mortgage directly into the purchase across its three brands. The programme covers off-plan and completed homes and is open to UAE nationals and residents, whether salaried or self-employed.

Buyers can pick conventional or Islamic financing, get digital pre-approval, and self-employed applicants face lighter paperwork. Perks include preferential rates, dedicated relationship managers and CBD Elite benefits.

The real news for off-plan buyers is timing. Those who have paid 50 percent can draw financing once a project reaches 30 percent construction, far earlier than Dubai's usual out-of-pocket payment plans. Rates were not published and approval still depends on eligibility, but for anyone comparing off-plan projects, the affordability maths just changed.

Read the full article on Doment: Dubai Holding Real Estate and Commercial Bank of Dubai Launch Home Financing for Nakheel, Meraas and Dubai Properties Buyers

Originally published on Doment, Dubai property intelligence.

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