Skip to content
Mulki

Cash from your home, without selling it.

Sell a share of the home you live in, keep living there, and pay a monthly amount on the part you sold. See what it would mean for your home before it launches.

Selling 20% of a AED 2 million home would raise AED 400,000. After the DLD fee, the trustee fee and a six-month reserve, about AED 380,000 reaches your account. If the home would rent for AED 100,000 a year, your monthly payment is about AED 1,667. Enter your own figures below.

In the pilot, an independent licensed valuer sets this. Use recent registered sales in your building for now.
AED
Your monthly payment is based on this. In the pilot it comes from an independent rental valuation.
AED
Share you sellThe pilot allows 10% to 20%, so you always keep at least 80% of your home.
The investor pays their share of this, which lowers your cost.
AED
Cash in your account
AED 379,900

After the DLD fee, the trustee fee and the six-month reserve, which stays yours.

Your monthly payment
Rent on the 20% you sold, reset each year. You keep living in your home.
AED 1,667
Price of the 20% shareAED 400,000
DLD fee, your side (2%)AED 8,000
Registration trustee (+ VAT)AED 2,100
Six-month reserve, held for your paymentsAED 10,000
Investor's share of the service charge, per yearAED 4,680
Buying the share back at today's valueAED 408,000
What it costs you over 5 years, then buying back
If prices stay flat. Here is the same cost if they move:
AED 92,600
Prices fall 20%AED 11,000
Prices stay flatAED 92,600
Prices rise 30%AED 215,000

You pay most when prices rise, because the investor shares the gain, and least when they fall, because the investor shares the loss. The five-year figures include payments and DLD fees, minus the service charge the investor covers, and leave out valuations, the developer NOC and our fee. This is an estimate for a product that is not available yet and needs regulatory approval first.

Interested? Join the list for the first homes.

We will contact you only about partial sales and Mulki updates.

How it would work

  • An independent valuer prices your home.

    The share is sold at its part of that valuation. Either side can ask for a second valuation.

  • The Land Department registers the sale.

    The investor appears on your title deed with their percentage. You keep at least 80% and keep living in the home.

  • You pay a monthly amount on the share you sold.

    It is set each year from an independent rental valuation, and the investor pays their share of the service charge.

  • You can buy the share back.

    From six months after the sale, at a fresh valuation. If the home is sold, the money is split by share.

An estimate based on the proposed pilot terms. Not an offer, and not financial advice. The product is not available yet and will only launch on terms approved by the relevant regulators.

Questions

Is this available now?
No. Mulki is designing it with the regulators, and nothing will be offered until they have approved how it works. The calculator shows what the first pilot terms would mean for your home.
Is this a loan?
It is designed as a sale, not a loan. You sell a share of your home, the Land Department registers it, and you pay a monthly amount for living in the part you sold. There is no interest. It can still cost more than a loan if prices rise, because the investor shares in that rise, which is why the calculator shows all three cases.
Can I buy the share back?
Yes, from six months after the sale, at a fresh independent valuation. If prices have fallen, you pay less than you sold it for. If they have risen, you pay more.
What is the six-month reserve?
Six months of your monthly payments, set aside from the sale and held by a bank. It covers payments if you hit a difficult patch, and it remains your money.
Who can take part in the pilot?
Owners who live in a completed, mortgage-free home in Dubai worth between AED 1 million and AED 3 million, selling 10% to 20% and raising at least AED 150,000. Every registered owner has to agree, and every owner receives independent legal advice before signing.

Want to be among the first homes when it launches?

Notify me