Final payment / handover financing
Prepare for the payment that completes your purchase.
Off-plan buyers often reach handover with a large final balance. Planning the financing early keeps the timeline — and the keys — on track.
Handover planning
Is it right for you?
Who it suits
Off-plan buyers near completion
Your project is approaching handover and a final payment is due to the developer.
Buyers on a payment plan
You’ve paid instalments and want to finance the remaining balance.
Investors completing a unit
You plan to rent the property after handover and want the financing to fit.
Step by step
How the financing works
- 01
Check the numbers
We confirm the remaining developer balance, what you’ve paid, and the expected handover date.
- 02
Match lender criteria
Lenders look at the project’s status, the developer and the completion evidence before they commit.
- 03
Valuation and offer
Once the property can be valued, the lender sets the amount it will finance and issues an offer.
- 04
Coordinate with the developer
Funds are released to the developer against the final payment, followed by handover and registration.
Handover preparation checklist
- Your latest statement of account from the developer
- The payment plan and receipts for instalments already paid
- The expected handover or completion notice
- Your identity and income documents
- Funds for the portion not financed and for fees
- Snagging and inspection plans, so issues are logged before handover
Before you apply
What to prepare
What lenders look at, what it costs, and the documents you’ll usually need.
What lenders consider
- The remaining balance and how much you have already paid
- The project’s completion status and the developer’s process for handover
- The lender’s valuation of the completed unit
- Your income, existing commitments and credit history
- Whether the property will be your home or an investment
Costs to plan for
- The share of the final payment you fund yourself
- Registration and mortgage registration fees
- Lender arrangement and valuation fees
- Developer handover charges, if any
- Insurance required by the lender
Documents
- Passport, visa and Emirates ID
- Income documents (salaried or self-employed)
- Sale and purchase agreement and the developer’s statement of account
- Handover or completion notice from the developer
Exact requirements vary by lender.
Our role
How Retention helps
Start early
We map the timeline back from your handover date so financing is ready when the developer is.
Talk to the right lenders
Not every lender finances every project. We focus on the ones that fit yours.
Keep the developer in the loop
We coordinate the documents and payment steps between you, the lender and the developer.
Your advisors
Talk it through with the people who’ll handle it.
A Retention advisor guides you from the first comparison through to completion — and is there when you need a review.
As early as possible — ideally a few months before the expected handover — so there is time for valuation and approval.
Not necessarily. The amount depends on the valuation, your category and the lender’s policy. You may need to fund part of it yourself.
Offers and valuations can have validity periods. We’ll keep track and help you update them if dates move.
Prepare for the payment that completes your purchase.
Tell us what you’re planning. An advisor will help you understand the next step.