New Launch - India Real Estate Report 2026.
Ellington Properties and Abu Dhabi Commercial Bank (ADCB) have formed a new partnership. The deal introduces pre-approved home financing solutions.
It covers both ready and off-plan residential developments in Dubai. The goal is to make it easier for eligible buyers to secure financing.
How the Partnership Works
The partnership combines ADCB's mortgage expertise with Ellington's residential portfolio. Together, they offer financing for both off-plan and ready properties.
The process runs through a streamlined digital journey. Customers are also supported by dedicated relationship managers throughout the process.
- Competitive financing rates for eligible customers
- Annually renewable pre-approval for off-plan properties until handover
- Greater flexibility and certainty during the construction period
Details of the Off-Plan Offering
Eligible Ellington Properties customers can access pre-approved financing. This covers up to 50 percent of a property's value.
The pre-approval lasts 12 months and can be renewed annually until handover. This helps customers manage milestone and handover payments as construction progresses.
For a limited time, eligible customers get access to competitive ADCB rates. Interest and profit rates start at 3.49 percent per year, fixed for three years.
Processing and valuation fees are also waived. This applies to both off-plan and ready property financing.
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What This Means for Dubai's Property Market
The agreement reflects continued strength in Dubai's residential real estate market. It also points to growing demand for flexible home financing solutions.
The partnership brings together ADCB's financing capabilities and Ellington's real estate expertise.
Together, the two companies aim to support greater access to home ownership. The move also contributes to Dubai's long-term vision.
That vision focuses on building a dynamic and sustainable real estate sector.
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Signing Ceremony
The partnership was signed by Elie Naaman, Co-founder and CEO of Ellington Properties, and Joseph Thomas, Co-founder of Ellington Properties.
Representing ADCB were Hamad Budebes, Senior Division Head for Government Clients, and Rashid Alshuhail, Senior Relationship Manager in the Corporate Banking, Real Estate and Contracting Division.
The announcement was made on September 16, 2026. It highlights a broader trend of banks and developers working together in Dubai.
These partnerships aim to simplify the home-buying process for residents and investors. As Dubai's property market continues to grow, offerings like this one give buyers more predictable and flexible paths to ownership.
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