Planning to buy a home in Dubai? DAMAC is hosting major mortgage event this weekend
Leading real estate developer brings top UAE banks together with on-the-spot approvals
DUBAI – Prospective homebuyers and investors in the UAE will have the opportunity to compare mortgage offers from several of the country's leading banks at a two-day event hosted by DAMAC Properties this weekend.
The initiative aims to simplify the home financing process by bringing mortgage specialists together under one roof, allowing customers to explore multiple lending options in a single visit. The event will also feature personalised eligibility assessments, exclusive financial incentives and the possibility of on-the-spot mortgage approvals.
The DAMAC Mortgage Event will take place on August 8 and 9 at the DAMAC Lagoons Sales Centre from 10am to 6pm. Mortgage experts from Abu Dhabi Islamic Bank (ADIB), Emirates NBD, Mashreq and other leading UAE banks will be available to guide prospective buyers through financing options tailored to their requirements.
Single visit
Instead of approaching banks individually, visitors will be able to compare mortgage products, receive personalised advice and assess their eligibility at one venue. Depending on lending criteria and individual financial profiles, financing of up to 85 percent will be available for UAE nationals and up to 80 percent for expatriates.
The event will also feature exclusive offers designed to reduce the upfront cost of buying a home. These include zero processing fees, cashback incentives and other financial benefits available through participating lenders.
Mortgage solutions will also be available for eligible off-plan developments that have reached at least 30 percent construction completion, expanding financing opportunities across a wider range of properties.
Flexible options
Both UAE residents and international buyers will be able to explore flexible financing solutions suited to different needs. Eligible borrowers may also benefit from payment structures that require only part of their monthly instalments during the construction phase, helping them manage cash flow before their property is completed.
DAMAC said the event forms part of its broader strategy to improve access to home ownership by combining a diverse property portfolio with customer-focused financing support.
DAMAC Properties
Amira Sajwani, Managing Director of DAMAC Properties, said buying a property is a significant decision and having access to suitable financing can make the process considerably easier.
She said the company remains committed to making the home-buying journey more accessible, convenient and seamless by bringing leading UAE banks together in one location, giving customers an efficient way to evaluate and secure mortgage options.
Founded in 2002, DAMAC Properties is one of the Middle East's largest private real estate developers. The company has delivered more than 50,000 homes and has over 55,000 additional units in various stages of planning and development across markets including the UAE, Saudi Arabia, Qatar, Jordan, Lebanon, Iraq, the Maldives, Canada, the United States and the United Kingdom. It has also partnered with global luxury, fashion and sports brands including Roberto Cavalli, de GRISOGONO, Chelsea Football Club and Oracle Red Bull Racing.