Handover Payments and Off-Plan Mortgages UAE — Finance Your Dubai Property

If you purchased an off-plan property in Dubai or the UAE and your handover date is approaching, Mortigo helps you secure the right mortgage at the best rate. We work with all major UAE banks to arrange financing before your handover deadline — giving you certainty and peace of mind.

What Are Off-Plan Handover Mortgages?

When you buy off-plan in the UAE, you typically pay in instalments during construction (the payment plan). When the property is ready for handover, you need a mortgage to cover the remaining balance owed to the developer. Mortigo arranges this handover mortgage and submits your application to multiple banks simultaneously.

How to Finance Your Handover Payment in the UAE

Start early — apply with Mortigo 3-6 months before your expected handover date
Property assessment — we review your property details, developer, and remaining balance
Multi-bank submission — applications submitted simultaneously to UAE banks offering best off-plan handover terms
Bank offers — receive competing mortgage offers and choose the best rate and terms
Completion — funds released to the developer at handover; you become the full legal owner

Off-Plan Handover Mortgage Requirements

Property must be within a freehold zone in the UAE
Developer must be approved by the relevant bank
Maximum 50% LTV on off-plan properties (UAE Central Bank requirement)
Valid UAE residence visa and salary certificate required
Property valuation will be conducted by a bank-appointed RICS valuer at completion

Popular Developers We Work With

Mortigo arranges handover mortgages for properties by all major UAE developers including Emaar Properties, DAMAC Properties, Nakheel, Meraas, Aldar Properties, Dubai Properties, and more.

Contact Mortigo — Off-Plan Mortgage Specialists

Phone & WhatsApp: +971 50 729 7196 | Email: info@mortigo.ae

Contact us as early as possible — handover mortgages need time to arrange and delays can affect your handover completion date.