Off-plan property investment in Abu Dhabi has always carried one structural limitation that ready property buyers never faced: the inability to access mortgage financing until after handover. That limitation has now been removed. Modon has signed a Memorandum of Understanding with Abu Dhabi Islamic Bank to introduce Abu Dhabi’s first-of-its-kind home financing solution for off-plan property purchases, announced July 9, 2026. For the first time in the emirate, eligible homebuyers will be able to access up to 75% off-plan home financing through ADIB.
This is not an incremental product update. It is a structural change to how off-plan property can be financed in Abu Dhabi, available exclusively for future Modon developments, enabling customers to secure homes earlier in the development cycle through a more seamless purchasing journey. For buyers who have historically been priced out of off-plan investment because it required either full cash payment or waiting until handover to secure a mortgage, this partnership fundamentally expands who can participate in Abu Dhabi’s off-plan market.
What Was Announced: The Complete Financing Structure
The MoU was signed during an official ceremony attended by Bill O’Regan, Group CEO of Modon Holding, Ibrahim Al Maghribi, CEO of Modon Real Estate, and Mohamed Abdelbary, Group CEO at ADIB. The signing brings together Abu Dhabi’s largest government-backed holding company, listed on the Abu Dhabi Securities Exchange, with one of the UAE’s leading Islamic banks, holding AED 287 billion in assets.
Under the offering, customers can secure an off-plan property through a structured payment plan comprising a 15% payment during the construction phase and a further 5 to 10% payment upon handover. ADIB will finance up to 75% of the property’s value subject to customer eligibility during off-plan and construction, providing customers with access to funding throughout their homeownership journey.
| Financing Structure Element | Detail |
| Maximum ADIB financing | Up to 75% of property value |
| Buyer payment during construction | 15% |
| Buyer payment upon handover | 5% to 10% |
| Availability | Exclusive to future Modon developments |
| Financing coverage period | Construction phase through handover |
| Eligibility | Subject to standard ADIB customer criteria |
Reversing the traditional off-plan payment model, where buyers historically funded the majority of the purchase price out of pocket before any bank financing became available, this structure allows buyers to access institutional financing from a significantly earlier point in the transaction. For a hypothetical AED 3 million Modon off-plan unit, a buyer under this new structure could commit as little as AED 450,000 (15%) during construction, with ADIB financing covering up to AED 2.25 million of the total value, and the remaining 5 to 10% due only at handover.
Why This Matters: Abu Dhabi’s First-of-Its-Kind Off-Plan Financing Model
Bill O’Regan, Group Chief Executive Officer of Modon Holding, framed the announcement within the broader context of Abu Dhabi’s investment attractiveness: “Abu Dhabi continues to strengthen its position as one of the world’s most attractive destinations for investment and long-term growth, creating high demand for new real estate launches. Modon’s off-plan financing solution with ADIB will give more buyers access to these opportunities, reflecting the market’s ongoing transformation and supporting broader efforts to enhance global competitiveness. Together, we are helping create the conditions that enable sustainable sector growth while further reinforcing investor confidence.”
Mohamed Abdelbary, Group Chief Executive Officer of Abu Dhabi Islamic Bank, positioned the partnership as a direct response to market demand: “As Abu Dhabi’s real estate market continues to create compelling opportunities and attract strong demand, it is important that financing solutions evolve alongside it. Through our partnership with Modon, ADIB is introducing a first-of-its-kind offering in Abu Dhabi that transforms the home-buying experience by providing financing throughout the property development journey. By enabling eligible customers to finance up to 75% of a property’s value during construction and through to handover, we are making homeownership more accessible while supporting the continued development of Abu Dhabi’s real estate market.”
Ibrahim Al Maghribi, CEO of Modon Real Estate, connected the financing innovation directly to Modon’s broader positioning strategy: “At Modon, innovation extends beyond the communities we create to how we make homeownership more accessible. Our partnership with ADIB represents a significant step forward in redefining off-plan home financing by introducing a game-changing financing solution that marks a new chapter for Abu Dhabi’s real estate market. By unlocking easier access to Modon’s future developments, it expands opportunities for eligible buyers and enhances market accessibility.”
Why the Timing of This Announcement Matters
This financing innovation arrives at a specific moment in Abu Dhabi’s market cycle that amplifies its significance. Modon’s successive Hudayriyat Island launches, including Wadeem, Nawayef Village, Nawayef Park Views, Nawayef East, Nawayef West, and Bashayer, have collectively generated over AED 10.5 billion in sales since mid-2024, with several launches selling out within days of release. Off-plan properties accounted for 81% of total residential transactions in Abu Dhabi during Q1 2026, confirming that off-plan is now the dominant purchase mechanism in the emirate’s residential market.
Against this backdrop, a financing solution that allows buyers to access up to 75% institutional financing during construction directly expands the pool of buyers who can participate in Modon’s future launches, which have historically required either full cash capacity or the ability to fund substantial payment milestones without bank support. For buyers who previously watched Modon’s sellout launches from the sidelines due to capital constraints, this financing structure removes the single largest barrier to participation.
The partnership also arrives as Abu Dhabi’s broader financial infrastructure matures around real estate. ABK-UAE became the first GCC bank licensed by ADREC as an escrow agent in May 2026. The Sheikh Zayed Housing Programme delivered AED 616 million in Q1 2026 housing approvals. Modon’s own AED 5 billion construction contract for Nawayef East and West, awarded in December 2025, was the largest residential contract in Abu Dhabi in 2025. The ADIB financing partnership is the latest instalment in a pattern of institutional financial infrastructure being built specifically to support Abu Dhabi’s off-plan market at scale.
What This Means for Buyers Evaluating Modon’s Future Developments
For prospective buyers, the practical implications of this partnership are significant and specific. First, capital efficiency improves substantially. A buyer who previously needed to fund 100% of an off-plan purchase price out of pocket, or negotiate bespoke developer payment plans, now has access to institutional bank financing covering up to three-quarters of the property value from the construction phase onward.
Second, portfolio diversification becomes more achievable. Buyers with limited liquid capital who previously could only afford one off-plan commitment can now potentially structure multiple smaller equity positions across different Modon developments, using ADIB financing to cover the majority of each purchase.
Third, the financing arrangement provides a degree of institutional validation for Modon’s future project pipeline. Banks conducting due diligence before committing to finance off-plan developments at this scale are effectively underwriting the credibility of the developer and the projects themselves. ADIB’s willingness to extend up to 75% financing throughout the construction period signals institutional confidence in Modon’s delivery track record, following the government-owned developer’s history of successive sellout launches on Hudayriyat Island. For buyers seeking to understand how this financing structure applies to specific upcoming Modon launches, consulting a Trusted VIP property broker Abu Dhabi provides the guidance needed to structure an application and identify which future developments will fall under this financing arrangement.
The Broader Implication: A New Financing Standard for Abu Dhabi Off-Plan
The partnership supports the continued development of Abu Dhabi’s real estate sector by introducing an innovative financing framework that expands access to off-plan investment and creates greater flexibility for buyers and investors. It further reflects Modon’s and ADIB’s commitment to delivering forward-looking solutions that enhance the property ownership journey while supporting the emirate’s long-term ambitions.
For the broader market, this MoU establishes a template that other developer-bank partnerships in Abu Dhabi may follow. If Modon’s exclusive arrangement with ADIB proves successful in expanding buyer participation and transaction velocity, other major Abu Dhabi developers, including Aldar and IMKAN, may pursue similar structured financing partnerships with their preferred banking partners. This would represent a systemic shift in how off-plan property is financed across the entire emirate, moving away from the cash-heavy or developer-financed models that have historically defined the segment.
For buyers seeking to understand how this new financing landscape affects specific communities and investment strategies, our team maintains direct relationships with Abu Dhabi’s leading developers , providing end-to-end guidance from financing structure through to handover.
Conclusion: A Structural Unlock for Abu Dhabi’s Off-Plan Market
The Modon and ADIB partnership announced July 9, 2026 is not a marginal product enhancement. It is the first structural solution to a financing gap that has defined off-plan property investment in Abu Dhabi since the market’s inception. By enabling up to 75% institutional financing from the construction phase through to handover, this MoU expands the buyer pool for Modon’s future developments, reduces the capital burden on individual buyers, and signals a broader maturation of Abu Dhabi’s off-plan financing ecosystem that will likely extend to other developers and banks over time. For any buyer evaluating an off-plan purchase in Abu Dhabi going forward, this financing structure is now a factor that materially changes what is financially achievable.
On July 9, 2026, Modon signed a Memorandum of Understanding with Abu Dhabi Islamic Bank to introduce Abu Dhabi’s first-of-its-kind off-plan home financing solution, enabling eligible homebuyers to access up to 75% financing on the property’s value, available exclusively for future Modon developments. Contact our abu dhabi real estate investment advisor team for guidance on how this financing applies to upcoming Modon launches.
Under the new structure, buyers pay 15% of the property value during the construction phase and a further 5 to 10% upon handover. ADIB finances up to 75% of the property’s value, subject to customer eligibility, covering the buyer throughout the off-plan and construction period through to handover. This significantly reduces the upfront capital a buyer needs to commit compared to traditional off-plan payment structures.
The financing solution is available exclusively for future Modon developments, meaning it applies to upcoming launches rather than existing sold-out communities such as Wadeem, Nawayef Village, or Bashayer. For details on which upcoming Modon projects will offer this financing structure, contact our best real estate consultant abu dhabi team, who maintain direct relationships with Modon’s sales teams.
This is the first-of-its-kind home financing solution for off-plan purchases in Abu Dhabi, addressing a structural gap where buyers previously could not access mortgage-style financing until after handover. With off-plan properties accounting for 81% of total residential transactions in Q1 2026, this financing structure expands the pool of eligible buyers who can participate in Modon’s future sellout-prone launches. For access to Abu Dhabi’s leading off-plan developments guidance, our specialist real estate advisory team provides comprehensive support.
ADIB will finance up to 75% of the property’s value subject to customers’ eligibility during off-plan and construction. Specific eligibility criteria follow ADIB’s standard home financing assessment process, which typically considers income verification, credit history, and residency status. For guidance on eligibility assessment and application support for Modon’s future developments under this financing structure, speak with our advisory team.
