Handover Payment Mortgages in the UAE
Finance the handover balance on your off-plan Dubai property — bridging construction payment plans to a full mortgage.
A handover payment mortgage is used when a buyer has made off-plan payments during construction and needs to finance the remaining balance at handover. Many off-plan properties in Dubai offer 40/60 or 50/50 payment plans, with the remaining balance due at handover — this balance is typically financed through a UAE bank mortgage at handover. Mortigo specialises in structuring handover mortgages aligned to developer payment plan timelines.
Key Facts
| Typical handover payment | 40–60% of property price |
| Maximum mortgage at handover (expats) | 75% LTV |
| Key risk to manage | Align bank pre-approval with developer handover date |
| Best banks for handover mortgages | Emirates NBD, DIB, FAB, Mashreq |
Key Points
- Start the bank pre-approval process 3–6 months before expected handover — not at the last minute.
- The bank's valuation at handover determines the LTV — not the original purchase price.
- If property has appreciated, your LTV may be lower (favourable). If it has fallen, you may need a larger equity input.
- Mortigo manages developer-bank coordination for handover mortgage timing.
Frequently Asked Questions
What is a handover mortgage in the UAE?
A handover mortgage finances the remaining balance on an off-plan property at the point of handover (completion). For example, on a 50/50 plan, the remaining 50% is financed by a UAE bank mortgage at handover.
When should I apply for a handover mortgage?
Apply 3–6 months before the expected handover date. Banks need time to process the application, order a valuation, and issue the mortgage offer. Mortigo tracks your handover date and initiates the process at the right time.
Learn about UAE handover payment structures for off-plan properties — how to plan your finances from reservation to key collection.
Get pre-approved in 10 minutes | All mortgage guides | Compare UAE banks
Overview
A handover payment mortgage is used when a buyer has made off-plan payments during construction and needs to finance the remaining balance at handover. Many off-plan properties in Dubai offer 40/60 or 50/50 payment plans, with the remaining balance due at handover — this balance is typically financed through a UAE bank mortgage at handover. Mortigo specialises in structuring handover mortgages aligned to developer payment plan timelines.
Key Points
Frequently Asked Questions
What is a handover mortgage in the UAE?
A handover mortgage finances the remaining balance on an off-plan property at the point of handover (completion). For example, on a 50/50 plan, the remaining 50% is financed by a UAE bank mortgage at handover.
When should I apply for a handover mortgage?
Apply 3–6 months before the expected handover date. Banks need time to process the application, order a valuation, and issue the mortgage offer. Mortigo tracks your handover date and initiates the process at the right time.
Recommended Banks
Compare all UAE banks →Related Guides
Your complete guide to buying your first property in the UAE — from eligibility and down payment to choosing the right bank.
Finance under-construction properties in Dubai and Abu Dhabi with the UAE's most experienced mortgage broker.