- New product offers integrated Shariah-compliant finance for off-plan freehold properties, with progressive payments aligned to developer’s milestones
- The proposition offers financing of up to 50% of the property value, offering greater flexibility and transparency throughout the construction journey
- Available to eligible UAE Nationals, residents and non-residents
Introduced under the theme “DIB Home Finance – The Smart Way to Buy Off-Plan”, the new proposition provides customers with an integrated Shariah-compliant financing solution that helps facilitate remaining tranche payments linked to the developer’s milestones, up to property delivery.
The launch comes as demand for off-plan property continues to play an important role in the UAE’s real estate market, supported by strong investor confidence, population growth and the country’s position as a leading destination for residents and global buyers. Through this proposition, DIB aims to provide greater flexibility and transparency to customers seeking to finance off-plan homes while managing their financial commitments during the construction period.
Under the new product, customers pay only the profit component during the construction phase, with the amount increasing progressively as DIB releases tranche payments to the developer in line with the agreed milestone plan. The full monthly instalment, comprising principal and profit, begins only upon property handover or within 24 months of taking the Off-Plan Home Finance, whichever comes first.
The proposition offers finance of up to 50% finance-to-value and is available to eligible UAE nationals, residents and non-residents, including DIB’s existing customers across diverse segments. The offering enables greater access to tailored financial solutions that respond to customers’ evolving needs, subject to meeting the applicable eligibility criteria.
Sanjay Malhotra, Chief Consumer Banking Officer at DIB, said: “The UAE’s real estate sector continues to reflect the strength of the national economy, supported by long-term demand, world-class developments and a clear agenda for sustainable growth. As customer preferences evolve, especially within the off-plan segment, home finance must also become more flexible, transparent and aligned with how people buy property today. Our new Off-Plan Home Finance proposition is designed to support customers through the construction journey by easing financial pressure in the early stages and aligning payments with developer milestones. This reflects DIB’s continued focus on delivering Shariah-compliant solutions that are practical, customer-centric and connected to the real needs of the market.”
DIB is also exploring strategic collaborations with leading UAE developers to support wider access to off-plan home finance across major freehold projects. These collaborations aim to create a more seamless financing journey for customers purchasing properties during the construction phase, while supporting developers and buyers through a more integrated approach to home ownership.
The launch reinforces DIB’s commitment to supporting customers with innovative, Shariah-compliant financial solutions that respond to evolving lifestyle needs and market dynamics. It also reflects the Bank’s broader role in enabling responsible home ownership and contributing to the continued growth of the UAE’s real estate ecosystem.
For complete product details, terms and conditions, and frequently asked questions, please visit www.dib.ae
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About DIB:
Established in 1975, DIB is the largest Islamic bank in the UAE by assets and a public joint stock company listed on the Dubai Financial Market. Spearheading the evolution of the global Islamic finance industry, DIB is also the world’s first full service Islamic bank and amongst the largest Islamic banks in the world. With Group assets now exceeding US$115 billion and market capitalisation of more than US$18 billion, the group operates with a workforce of around 12,000 employees and more than 540 branches in its vast global network across the Middle East, Asia and Africa. DIB’s ecosystem, spanning across UAE, Pakistan, Turkey, Indonesia, Kenya, Sudan and Bosnia, reaches more than 11 million customers — a reflection of its expanding scale and trusted franchise.
In addition to being the first and largest Islamic bank in the UAE, DIB has a significant international presence as a torchbearer in promoting Shariah-compliant financial services across a number of markets worldwide. The bank has established DIB Pakistan Limited, a wholly owned subsidiary which is the first Islamic bank in Pakistan to offer Priority & Platinum Banking, The launch of Panin Dubai Syariah Bank in Indonesia early marked DIB’s first foray in the Far East, with a stake of nearly 25% stake in the Indonesian bank. Additionally, DIB was given the licence by the Central Bank of Kenya (CBK) to operate its subsidiary, DIB Kenya Ltd. DIB has been designated as D-SIB (Domestic Systemically Important Bank) in UAE. The acquisition of Noor Bank has solidified its position as a leading bank in the global Islamic finance industry. Recently, DIB has successfully acquired minority stake of 25% of T.O.M. Group which provides digital banking services in Türkiye.
The bank’s ultimate goal is to make Islamic finance the norm, rather than an alternative to conventional banking worldwide. DIB has won a range of accolades that are testament to these efforts across diversified areas, including retail, corporate and investment banking, as well as CSR and consultancy services. DIB has been named the “Best Islamic Bank” in various prestigious ceremonies marking the bank’s leadership position in the Islamic finance sector. As a progressive Islamic financial institution, DIB embraces the opportunities and challenges associated with integrating sustainability into its business by delivering sustainable products and services and by advancing the green and social composition. 2025 marked DIB’s Golden Jubilee, with a Bold New Vision for the Future to be prepared to meet the challenges ahead and continue building a legacy of success for the years to come.
For more information, please visit us at www.dib.ae
