Get in touch
Home UAE Mortgage Rates Mortgage Calculator Eligibility Calculator DBR Calculator Banks Projects Guides Blog Bank Updates FAQs About Get in touch

Meraas handover mortgage

If your Meraas home is nearing handover, a payment is usually due at handover. Plan the mortgage for it early, so there is time for approval and valuation before the developer's deadline.

Plan my handover mortgage

Mortgease is a mortgage brokerage company in Dubai. We compare offers from the banks on our panel for your handover payment, prepare the paperwork and coordinate the valuation, so you can start on the mortgage before Meraas asks for the balance. Mortgease is not affiliated with Meraas or Dubai Holding.

Meraas homes nearing handover

Meraas's Central Park at City Walk page (checked 15 September 2026) says Thyme and Erin are advancing through their final stages, with handover preparations among the work planned for the coming months. If your home is in another Central Park building such as Castleton, Fern or Laurel, at Madinat Jumeirah Living, in Nad Al Sheba Gardens or in another Meraas community, the same steps generally apply. Your handover date and payment amount are the ones in Meraas's notice to you.

Handover notice on its way? Starting early leaves time for pre-approval and valuation before the payment deadline. No Mortg Ease client brokerage fee.
Plan my handover mortgage

How a handover mortgage works

  1. Free consultation: we look at your payment plan, what is left to pay at handover and your income.
  2. Compare offers: we compare the banks on our panel for your profile and the property.
  3. Pre-approval and documents: we prepare your application and the bank's document list.
  4. Valuation: the bank values the completed home.
  5. Payment to the developer: the approved loan is normally paid to Meraas at handover.
  6. Registration and keys: the mortgage is registered and you collect your keys.

How much can you borrow?

Central Bank rules cap a mortgage on a first home at 80% of the bank's valuation for expatriates and 85% for UAE nationals (lower above AED 5 million and for second homes), and at 50% for a property still being purchased off-plan. Which limit applies at handover depends on how the bank classifies your home, so we ask the bank to confirm it. Total monthly debt repayments are also capped at 50% of income, and banks can set lower limits than these caps, for example for non-residents. Use the mortgage calculator to estimate the monthly payment on the balance you owe at handover.

Documents typically required

  • Passport copy and Emirates ID
  • Visa copy (for residents)
  • Salary certificate or income proof
  • Latest 6 months' bank statements
  • Sale and Purchase Agreement (SPA)
  • Meraas payment schedule and handover notice

Full document checklist by profile →  ·  How handover payment financing works →  ·  City Walk mortgage guide →

There is no Mortg Ease client brokerage fee; the lender pays us on completion. Bank, valuation, registration and other costs still apply.

Meraas handover mortgage FAQs

Can I get a mortgage for my Meraas handover payment?
Usually, once the home is ready for handover. The bank values the completed home, lends within Central Bank limits and normally pays the developer at handover. Approval depends on your income, the property and each bank's criteria.
When should I start?
As soon as you know your handover is approaching, ideally before the handover notice arrives, so there is time for pre-approval, valuation and paperwork before the developer's payment deadline.
Do I have to use a lender Meraas lists?
Developers often list banks and mortgage advisers they work with. You can also ask other banks whether they will lend on your property; each bank decides for itself and handover steps can differ by lender. We compare the banks on our panel so you can see the options side by side before you choose.
How much can I borrow at handover?
Central Bank rules cap a mortgage on a first home at 80% of the bank's valuation for expatriates and 85% for UAE nationals (lower above AED 5 million and for second homes), and at 50% for a property still being purchased off-plan. Which limit applies at handover depends on how the bank classifies your home, so we ask the bank to confirm it. Total monthly debt repayments are also capped at 50% of income, and banks can set lower limits than these caps, for example for non-residents.
What does Mortgease charge?
There is no Mortg Ease client brokerage fee; the lender pays us on completion. Bank, valuation, registration and other costs still apply.
Is Mortgease part of Meraas?
No. Mortgease is a Dubai mortgage brokerage and is not affiliated with Meraas or Dubai Holding. Your handover date and payment amount are the ones in Meraas's notice to you.