Handover Payment Calculator
Handover payment and cash needed · all amounts in AED
Handover Payment Mortgage in Dubai
Finance your off-plan property's final payment at completion — spread over up to 25 years instead of paying the balance in cash.
Handover payment calculator
Enter the property value, the balance still owed to the developer, the term and a rate to estimate your monthly payment, the maximum the bank is likely to lend, and any cash you would need to add at completion.
Open the full calculator → · Read the handover payment guide →
How this is calculated
The bank's maximum loan is the LTV limit applied to the property value you enter. The amount financed is the lower of that maximum and your outstanding balance; anything above it is paid in cash. The monthly payment is a standard amortising repayment over the term at the rate entered. Your actual offer also depends on the Debt Burden Ratio (total debt repayments within 50% of income) and the bank's own valuation, which can come in below the figure you entered.
What this calculator doesn't include
DLD transfer, mortgage registration, the trustee fee and the bank valuation fee are in the cost breakdown. Not included: the bank arrangement fee, property and life insurance, and the rate after any fixed period.
Worked example
On a property value of AED 2,000,000 with AED 500,000 outstanding, a UAE resident could finance the full AED 500,000 (within the 80% LTV cap of AED 1,600,000). Over 25 years at 3.75%, that is approximately AED 2,571 per month, with no cash shortfall.
Disclaimer: Indicative only. This is not a mortgage offer. Eligibility, LTV and rates are set by the bank after full assessment.
Rate assumption: 3.75% p.a. — indicative; bank rates vary.
What is a handover payment mortgage?
A handover payment mortgage is a long-term home loan, secured against the completed property, used to pay the developer's final instalment when an off-plan property in Dubai reaches completion and is ready for handover.
Unlike construction finance or short-term lending, it works like a standard UAE mortgage: the bank settles the developer's outstanding balance, the mortgage is registered with the Dubai Land Department, and you repay monthly over a term of up to 25 years. For buyers on a developer payment plan, it is the usual way to complete the purchase without funding the whole final instalment in cash.
How a Dubai handover mortgage works
Eligibility assessment
Income, liabilities, residency, credit and the requested amount are reviewed against bank criteria. Total monthly debt including the new mortgage must stay within 50% of income (DBR).
Document preparation
The full document set is collected and checked. Exact requirements vary by bank and applicant profile.
Bank selection and pre-approval
MOVA matches your profile and property to banks whose criteria fit, rather than submitting to everyone.
Bank valuation
The bank orders an independent valuation. The loan is based on the lower of the purchase price and the valuation.
Final approval
The bank completes underwriting and confirms the loan amount, interest rate, term and conditions.
Developer settlement and DLD registration
The bank pays the developer, the mortgage is registered with the DLD, the title deed is issued and keys are released.
Who a handover mortgage suits
First-time buyers
UAE residents — First-time buyers
- First home: 80% LTV under AED 5M, 70% above
- Keep your cash liquidity
- Long-term repayment, up to 25 years
International investors
Non-residents — International investors
- Access to UAE bank mortgages
- First home typically 60% LTV; a second home about 50%
- Spread the final commitment instead of paying cash
Portfolio expansion
Existing owners — Portfolio expansion
- Second home: about 60% for residents, 65% for UAE nationals
- Manageable monthly payments
- Avoid a large cash outflow at completion
When do you need a handover payment mortgage?
A handover mortgage is the right solution when your property is approaching completion and the developer has issued — or is about to issue — the final payment or handover notice.
This often applies if you bought off-plan with a payment plan and a significant final instalment is due at completion. A UAE bank can finance part or all of that balance, allowing you to keep your liquidity instead of paying the full amount in cash.
Start early. Financial assessment, document checks, bank valuation and registration each take time, so it's best to begin before the developer's deadline.
Our advice
Start the mortgage process early to ensure a smooth handover and avoid last-minute pressure.
Required documents
- Passport and Emirates ID (Emirates ID and residence visa for UAE residents)
- Salary certificate or other proof of income
- Bank statements (typically 3–6 months)
- Details of existing liabilities (loans, credit cards)
- Oqood / Sale and Purchase Agreement (SPA)
- Developer statement of account
- Completion or handover notice from the developer
- Any other property documentation requested by the bank
Requirements differ by bank and by applicant profile (salaried, self-employed, resident, non-resident).
Costs to budget for at handover
- DLD mortgage registration fee: 0.25% of the loan amount + AED 290 admin fee
- Bank arrangement fee: typically up to 1% of the loan (some banks cap or waive it)
- Bank valuation fee: AED 3,150
- Property and life insurance required by the bank
- Any title-deed or registration fees not already paid at the Oqood stage
- A cash contribution if the bank valuation is below the outstanding balance
For reference: UAE early-settlement fees are capped at 1% of the outstanding balance or AED 10,000, whichever is lower.
What if the bank valuation is lower than the developer price?
Banks lend against the lower of the purchase price and their own valuation. If the valuation comes in below your outstanding balance, the difference is paid in cash at completion. TruValue shows that gap before you apply.
How MOVA supports your handover mortgage
- Eligibility assessment — income, liabilities, required loan and property value checked against live lender criteria before any application.
- Bank matching — lending criteria compared across participating UAE banks.
- Document review — the full file organised and checked before submission.
- Valuation coordination — bank valuation arranged and, where useful, TruValue first.
- Application management — one point of contact from pre-approval to final approval.
- DLD and completion support — mortgage-related steps coordinated with the bank and developer.
MOVA does not approve mortgages. Final approval is always subject to the bank's underwriting.
FAQs
FAQ — Handover payment mortgage in Dubai
What is a handover payment mortgage?
A long-term home loan, secured against the completed property, used to pay the developer's final instalment when an off-plan property reaches completion. It is repaid monthly over a term of up to 25 years.
Can I get a mortgage for an off-plan property at handover?
Usually, yes. Once the property is complete, or mortgageable under the bank's rules, the bank assesses you and the property as it would for a standard mortgage. Final eligibility depends on the applicant, the property and the lender's criteria.
How much can I borrow at handover?
Banks lend on the lower of the purchase price and their own valuation, up to the LTV cap. On a first home: UAE residents up to 80% under AED 5M and 70% above; UAE nationals up to 85% under AED 5M and 75% above; non-residents typically 60%. A second or investment home is usually lower (about 60% resident, 65% national, 50% non-resident). This calculator assumes a first home. Total monthly debt, including the new mortgage, must stay within 50% of income. Use the calculator on this page for an estimate.
Does the bank use the developer price or its own valuation?
Its own valuation. If the valuation is below your outstanding balance, you pay the difference in cash at completion.
When should I apply for a handover mortgage?
Before the developer issues the final payment deadline — ideally as soon as the completion notice is expected — so that assessment, documents, valuation and approval all fit before the due date.
What documents are required?
Passport, Emirates ID and residence visa for residents, proof of income, bank statements, details of existing liabilities, Oqood or SPA, the developer's statement of account and the completion or handover notice.
What is the Debt Burden Ratio (DBR)?
The share of your monthly income that goes to debt repayments, including the new mortgage. UAE banks cap it at 50%.
Is a handover mortgage the same as a construction loan?
No. A handover mortgage is a long-term mortgage secured against a completed or mortgageable property, not short-term finance used during construction.
Does the mortgage have to be registered with the DLD?
Yes. The bank's mortgage is registered with the Dubai Land Department at completion, and the registration fee of 0.25% of the loan plus AED 290 applies.
Does MOVA approve the mortgage?
No. MOVA assesses your file, prepares it, matches you to suitable banks and manages the application. Approval is always the bank's decision.
Planning for an upcoming handover?
If your off-plan property is approaching completion, review your options before the developer's final payment deadline. MOVA will assess your expected handover balance, estimate your mortgage eligibility and prepare the application for the right lenders.