News DeskDubai, UAE – Sobha Realty has announced a strategic partnership with Abu Dhabi Islamic Bank (ADIB) aimed at making homeownership more accessible for off-plan property buyers in the UAE through innovative, Sharia-compliant financing solutions.
Under the new collaboration, UAE residents purchasing Sobha Realty’s off-plan developments will be eligible to secure Islamic home financing once construction reaches 35 per cent completion. The initiative significantly reduces the upfront financial burden on buyers, offering a more structured and accessible pathway to property ownership.
The financing framework aligns with Sobha Realty’s vertically integrated development model and its longstanding focus on delivery certainty and customer trust. By enabling earlier access to funding, the partnership is designed to provide buyers with greater financial clarity while maintaining transparency throughout the purchasing journey.
Commenting on the collaboration, Ravi Menon, Chairman of Sobha Group, said the partnership reflects the company’s core philosophy of building trust alongside homes. “At Sobha, we’ve never viewed a home as a transaction. It’s a legacy—built brick by brick, on a foundation of trust. This partnership with ADIB is an extension of that philosophy, offering our off-plan buyers a financing path that’s as thoughtfully constructed as our homes,” he said.
Francis Alfred, Managing Director of Sobha Realty, highlighted the growing demand for certainty and convenience among today’s property buyers. “Our collaboration with ADIB brings clarity, credibility, and financial accessibility to the off-plan journey. It enables our customers to plan their future with confidence and ease,” he noted.
From the banking perspective, Amit Malhotra, Global Head of Retail Banking at ADIB, said the initiative reflects the bank’s commitment to innovation and customer-centric Islamic finance solutions. “This collaboration ensures a more accessible and structured route to homeownership, built on the principles of transparency and Sharia compliance,” he said.
As the UAE real estate market continues to mature, the partnership between Sobha Realty and ADIB underscores a shared vision of responsible growth, customer empowerment, and long-term value creation. By integrating financing solutions into the homebuying journey, Sobha Realty reinforces its position as a developer focused not only on design and delivery, but on redefining the overall homeownership experience.
