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 of Abu Dhabi Islamic Bank (ADIB).
Under the new financing structure, customers can purchase an off-plan property through a payment plan that includes 15% during the construction phase and an additional 5% to 10% upon handover. ADIB will finance up to 75% of the property’s value, subject to customer eligibility, during both the off-plan and construction phases, providing funding support throughout the homeownership journey.
Bill O’Regan, Group Chief Executive Officer of Modon Holding, said:
“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, added:
“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, commented:
“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. It marks a new chapter for Abu Dhabi’s real estate market by unlocking easier access to Modon’s future developments, expanding opportunities for eligible buyers, and improving overall market accessibility.”
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 while providing greater flexibility for buyers and investors. It also reflects the shared commitment of Modon and ADIB to deliver forward-looking financial solutions that enhance the property ownership journey and support Abu Dhabi’s long-term growth ambitions.
What This Means for Investors and First-Time Buyers
The introduction of off-plan financing during the construction phase is expected to make property ownership significantly more accessible. Instead of arranging full financing only after project completion, eligible buyers can now secure financing much earlier, reducing the amount of upfront capital required.
For first-time homebuyers, this lowers the financial barrier to entering Abu Dhabi’s property market, allowing them to purchase homes in premium Modon developments with a more manageable payment structure.
For property investors, the solution improves cash flow by reducing the amount of personal capital tied up during construction. Investors can diversify across multiple opportunities while benefiting from Abu Dhabi’s growing off-plan market and long-term capital appreciation.
Royal Lounge Properties Perspective
At Royal Lounge Properties, we believe this initiative is one of the most significant financing developments introduced in Abu Dhabi’s off-plan market. Financing up to 75% during construction provides buyers with greater flexibility and confidence when purchasing new developments, while also making premium communities more accessible.
As Abu Dhabi continues to attract international investors and end-users, innovative financing solutions such as this are expected to increase demand for future launches and support healthy market growth. For buyers considering upcoming Modon developments, understanding eligibility requirements and selecting the right investment opportunity from the beginning can make a substantial difference in long-term returns.
