Abu Dhabi Buyers Can Now Finance Up to 75% of an Off-Plan Home During Construction

A First for Abu Dhabi's Off-Plan Market

On 7 July 2026, Modon signed a Memorandum of Understanding with Abu Dhabi Islamic Bank (ADIB) to introduce off-plan home financing that covers the entire development journey, from construction through handover. It's a first for the emirate: eligible buyers can now access up to 75% financing on future Modon developments, rather than waiting until a building is complete before a bank will lend against it.

How the Payment Structure Works

Under the new offering, buyers secure a future Modon home through a structured plan:

• 15% paid during the construction phase
• A further 5–10% paid at handover
• Up to 75% financed by ADIB, subject to eligibility, spanning the off-plan and construction period

In practice, that means a buyer no longer has to fund the bulk of a property's value out of pocket while it's being built. The financing runs alongside the construction timeline itself, rather than kicking in only once keys change hands.

It's worth being precise about what's confirmed: this is a signed MoU, not yet a fully live retail product with published rates and terms. The structure above is the framework Modon and ADIB have announced; eligibility criteria, interest rates, tenure, and which specific developments qualify first are expected to follow as the offering rolls out. For now, it applies to future Modon developments only, not existing off-plan inventory.

Why It Matters

The timing lines up with a run of sell-outs on Hudayriyat Island. Hudayriyat Golf Estates reportedly generated a UAE sales record of more than AED 13 billion within days of its July 2026 launch, and Bashayer's final phase sold out within 24 hours. Off-plan demand is clearly there, and construction-phase financing widens who can act on it, without a single unit being discounted.

For ADIB, it's a first-mover position: most Abu Dhabi banks lend once there's a completed, mortgageable asset, not against a unit still under construction. Structuring a product around that says as much about ADIB's confidence in Modon's delivery track record as it does about the product itself.

What It Means If You're House-Hunting

If you're considering a future Modon launch, the practical takeaway is to check ADIB eligibility before assuming you need to self-fund the construction period. Financing up to 75% of value during construction changes what "afford an off-plan home in Abu Dhabi" actually requires.

That said, "up to 75%, subject to eligibility" is doing real work in that sentence — wait for the published rate and eligibility criteria before treating it as guaranteed, and size any commitment against your own financial position rather than the headline number.

If you want to know which upcoming Modon launches this financing is likely to apply to, or want your eligibility checked ahead of a launch date, get in touch for a private consultation.