Mortgages for under-construction properties.

An under-construction property gives you the flexibility to customise your home around your own preferences. Some are based on building and floor-plan designs from the developer. Constructing from scratch can sometimes save costs, and the property's value may rise from the time of purchase to the time of occupancy.

Mortgage interest rates are typically slightly higher until construction is complete and the handover certificate is issued. Once the property is handed over, standard mortgage rates apply.

Plot purchase and construction loans are also part of the wider UAE mortgage product set worth considering alongside under-construction financing.