The official partnership signing ceremony with Mortix Mortgage Broker was held at Major Developments’ Dubai offices. This is a significant step toward their shared goal of simplifying the homebuying and real estate investment processes for clients worldwide. As part of a more comprehensive and investor-friendly buying process, Major Developments’ clients can take advantage of complimentary mortgage services thanks to the cooperation between Mortix and Major Developments’ high-demand portfolio. Mortix is an online mortgage and property finance platform in the United Arab Emirates (UAE) that helps both locals and foreigners with a variety of options, such as house loans, refinancing, equity release, and handover payments. They collaborate with twenty or more top UAE banks to provide these services.
At a pivotal point in the deal, its free brokerage support makes financing advice more accessible. Major Developments’ overarching goal in forming this partnership is to create an ecosystem centered on ownership rather than just develop land. The goal of the cooperation is to provide investors with the resources they need to confidently and quickly go from planning to construction, which is becoming increasingly important for projects like Colibri Views in RAK Central and Manta Bay on Al Marjan Island.
Particularly important is the timing. According to Mortix’s analysis of the UAE mortgage market for 2026, the city-state saw 44,000 mortgage transactions in 2025, with total volumes reaching Dh89.6 billion. Fixed mortgage rates ranged from 3.75% to 4.25% as of the conclusion of the year. Investors can enter fast-moving markets earlier and more efficiently with this relationship, which is significant because Major Developments’ footprint in the UAE is slated to be further expanded with another anticipated launch, Ice Beach on Marjan Beach.
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