Ijara – Real estate financing in Dubai by installment plan

For real estate financing in Dubai, lease-purchase is also eligible since 2019.  In the Emirate of Dubai, lease-purchase is implemented through a variant of Sharia-compliant real estate financing (variant of lease-purchase), in which the lender (landlord or seller) leases the property to the borrower (tenant or buyer) until the real estate loan is fully paid off. For such structured lease purchases, the Dubai Land Department (DLD) issues a special title deed called “Ijara” (“Title Deed”).