Handover Payment

Secure Handover Payments Made Easy!

Near-handover and Handover payments can be a nerve-wracking experience. Let us do the heavy lifting for you.

Handover Payment

Flexible and secure handover payment solutions in the UAE

Guaranteed competitive interest rates

Free eligibility check and quick pre-approval

No hidden costs

Flexible and secure handover payment solutions in the UAE

Guaranteed competitive interest rates

Free eligibility check and quick pre-approval

No hidden costs

Handover Payment Eligibility

Residency Status: Both residents and non-residents can apply
Property Type: Off-plan properties, residential units, and commercial properties.
Handover certificate: You must have the handover certificate from the developer.

Documents required include:

Sale and Purchase Agreement
Valid passport and Emirates ID for residents/original ID from the home country for non-residents.
No Objection Letter
Financial Documentation

Tailored handover payment solutions for near and final payment settlements.

Leverage competitive interest rates with flexible payment plans.

Streamlined documentation for instant approvals

Dedicated customer support throughout the handover payment process.

What is a handover payment?
A handover payment is the final payment made by a buyer to secure ownership of an off-plan property in the UAE. Usually, this payment constitutes 50-70% of the total property price and is due upon completion of construction. It signifies the transition from the developer to the buyer, allowing the buyer to take possession of the property.
What’s the difference between handover payment and post-handover payment plan?
A handover payment is a lump-sum payment made at the completion of a property, while a post-handover payment plan allows buyers to spread remaining payments over time after taking possession. Handover payments are generally required upfront, whereas post-handover plans provide flexibility, enabling buyers to manage cash flow better.
What is the purpose of financing your handover payment?
Financing your handover payment helps manage the significant upfront cost of acquiring a property, making homeownership more accessible. By offering flexible handover payment solutions, My Mortgage helps home buyers avoid depleting their savings and maintain financial liquidity.