Mortgages and Payment Plans in Dubai

Most Dubai off-plan launches are paid in stages through developer payment plans, and UAE banks lend on ready property within Central Bank rules. These answers explain the options.

How much down payment do I need?

Off-plan: commonly 10-20% at booking plus the DLD fee, then staged instalments. With a mortgage on ready property, the minimum deposit is set by UAE Central Bank loan-to-value limits and differs for residents, non-residents and properties above AED 5 million.

Can I buy with a mortgage?

Yes. UAE banks lend to residents and, selectively, to non-residents, within UAE Central Bank loan-to-value rules. Off-plan mortgages are limited; most buyers use developer payment plans until handover. Ovation introduces mortgage advisers on request.

Can I get a payment plan directly from the developer?

Yes. Most off-plan launches offer staged plans (for example during construction and on handover), and some offer post-handover plans. Payments go to the project's escrow account. Ovation compares plans across projects on the same brief.

What is a post-handover payment plan?

A plan where part of the price is paid in instalments after you receive the keys, letting rent contribute to the remaining payments. Terms vary by developer and are written into the sale agreement.

How do I preserve liquidity while investing?

Use staged off-plan payments, post-handover plans or mortgages on ready stock, and keep reserves for service charges. Ovation structures purchases around your cash-flow calendar.