What is the key feature of DIB's new off-plan home finance?

Customers are required to pay only the profit component of their financing during the construction phase, with these payments increasing progressively in line with developer milestones.

When do full monthly instalments begin for DIB's off-plan finance?

Full monthly instalments, covering both principal and profit, start either upon property handover or within 24 months of taking the Off-Plan Home Finance, whichever occurs first.

What percentage of property value can be financed?

The new proposition offers financing of up to 50% of the property's total value.

Who is eligible for DIB's new off-plan home finance?

The product is available to eligible UAE Nationals, residents, and non-residents, including existing DIB customers across diverse segments, subject to meeting specific criteria.

Are only specific types of properties covered by this finance option?

The finance solution is designed for customers purchasing freehold properties from leading developers across the UAE during their under-construction phase.

All news

Development·26 August 2026

DIB Launches New Sharia-Compliant Off-Plan Home Finance with Progressive Payments

Dubai Islamic Bank (DIB) has introduced a new Sharia-compliant off-plan home finance solution for freehold properties across the UAE, allowing customers to pay only the profit component during construction.

Dubai Islamic Bank (DIB) has launched a new Sharia-compliant off-plan home finance product designed to support customers purchasing freehold properties across the UAE during the construction phase. This initiative aims to make homeownership more accessible by offering greater flexibility and transparency throughout the building journey.

Flexible Payment Structure

The new proposition, themed "DIB Home Finance — The Smart Way to Buy Off-Plan", allows customers to pay only the profit component during the construction period. These payments increase progressively as DIB releases tranches to the developer, aligning with the agreed milestone plan. The full monthly instalment, which includes both principal and profit, commences either upon property handover or within 24 months of taking the Off-Plan Home Finance, whichever comes first.

Financing Details and Eligibility

DIB's offering provides financing of up to 50% of the property value. It is available to eligible UAE Nationals, residents, and non-residents, including current DIB customers across various segments, subject to meeting applicable eligibility criteria. The bank is also exploring strategic collaborations with leading UAE developers to further extend access to off-plan home finance across major freehold projects.

Sanjay Malhotra, Chief Consumer Banking Officer at DIB, highlighted that the new product addresses evolving customer preferences in the off-plan segment by offering more flexible and transparent financing solutions that align with modern property purchasing methods.

Frequently asked

Questions, answered

What is the key feature of DIB's new off-plan home finance?: Customers are required to pay only the profit component of their financing during the construction phase, with these payments increasing progressively in line with developer milestones.
When do full monthly instalments begin for DIB's off-plan finance?: Full monthly instalments, covering both principal and profit, start either upon property handover or within 24 months of taking the Off-Plan Home Finance, whichever occurs first.
What percentage of property value can be financed?: The new proposition offers financing of up to 50% of the property's total value.
Who is eligible for DIB's new off-plan home finance?: The product is available to eligible UAE Nationals, residents, and non-residents, including existing DIB customers across diverse segments, subject to meeting specific criteria.
Are only specific types of properties covered by this finance option?: The finance solution is designed for customers purchasing freehold properties from leading developers across the UAE during their under-construction phase.

Reported by

Google News — Off-plan & Handover (7d) · Off-Plan & Payment Plans

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This brief was summarised and rewritten by Gaia Living from public reporting. Figures and details reflect the original sources.

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