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UAE Mortgage Calculator — Home Finance in AED

Calculate your monthly mortgage or Islamic home finance payment in the UAE. Conventional and Murabaha/Ijara options, current bank rates, deposit and fee guidance. No signup.

AED
%
yrs
Your monthly paymentAED 9,665
PrincipalAED 1,500,000
Total interestAED 1,399,356
TotalAED 2,899,356
Calculated live on this page. Open the full tool →

Current UAE mortgage rates (April 2026)

TypeTypical rate (p.a.)Notes
Fixed (1–3 yr intro)5.5% – 6.5%Reverts to variable after intro period
Variable (EIBOR-linked)6.0% – 7.0%Moves with EIBOR / Fed
Islamic (Murabaha/Ijara)5.5% – 7.0%Shariah-compliant, similar cost

The AED is pegged to the US dollar, so UAE mortgage rates track the US Federal Reserve. The CBUAE raised its Base Rate to 3.90% on 16 September 2026, in lockstep with the Fed. Expats usually need a 20% minimum down payment.

Major UAE mortgage providers

The real cost of an AED 1.5M mortgage

Example: AED 1,500,000 at 6% for 25 years.

Real UAE mortgage rates: EIBOR-linked pricing (2026)

Most UAE mortgages are priced off EIBOR (the Emirates Interbank Offered Rate, published by the Central Bank of the UAE) plus a bank margin, alongside fixed-rate introductory options. Emirates NBD, one of the UAE's largest mortgage lenders, does not post a current headline home-loan rate on its own site, and other major banks such as ADCB and Dubai Islamic Bank quote EIBOR-linked or fixed introductory rates per applicant — check each bank's own site or Key Facts Statement for the current rate. As with any EIBOR-linked loan, the rate resets periodically (commonly every 3 months) in line with the published EIBOR fixing, so the headline advertised rate is typically an introductory or minimum figure rather than a rate guaranteed for the full loan term.

Worked example. On an AED 2,000,000 mortgage at 3.99% over 25 years (300 monthly payments): monthly rate r = 0.0399 / 12 = 0.0033250. With M = P·r·(1+r)n / ((1+r)n − 1): (1+r)300 ≈ 2.7159, so M = 2,000,000 × 0.0033250 × 2.7159 / (2.7159 − 1) ≈ 18,061 / 1.7159 ≈ AED 10,525 per month. Because EIBOR resets periodically, an EIBOR-linked mortgage's monthly payment can rise or fall over the loan term as the benchmark moves, unlike a true fixed-rate product.

Frequently Asked Questions

What is the current UAE mortgage rate?

Roughly 5.5%–7% p.a. as of April 2026. AED is USD-pegged, so rates follow the US Fed.

How much deposit do I need?

Expats: 20% minimum (15% for nationals) for homes under AED 5M, plus ~7–8% transaction costs.

Conventional vs Islamic finance?

Conventional charges interest; Islamic (Murabaha/Ijara) uses a profit margin or lease structure. Similar monthly cost, different structure.

Can expats get a mortgage?

Yes — with a residence visa, qualifying salary (often AED 15,000+), and bank statements. Max age at maturity usually 65–70.

What is EIBOR and how does it affect my UAE mortgage?

EIBOR (the Emirates Interbank Offered Rate) is the benchmark rate UAE banks use to lend to each other, published daily by the Central Bank of the UAE. Most variable-rate mortgages in the UAE are priced as EIBOR plus a fixed bank margin, so the mortgage rate moves whenever EIBOR is refixed, typically every 1 or 3 months depending on the loan terms.

Is a fixed-rate mortgage available in the UAE?

Yes, most major banks offer an introductory fixed rate for the first 1–5 years (check each bank's Key Facts Statement for the current rate), after which the loan typically reverts to an EIBOR-linked variable rate for the remaining term.

Can non-residents get a mortgage in the UAE?

Yes, most major UAE banks including Emirates NBD, ADCB, and Dubai Islamic Bank offer mortgages to non-resident foreign buyers, though typically with a lower maximum loan-to-value ratio (often around 50%–60% for non-residents versus up to 80% for UAE residents) and additional documentation requirements.

What is EIBOR and how does it affect my UAE mortgage?

EIBOR (the Emirates Interbank Offered Rate) is the benchmark rate UAE banks use to lend to each other, published daily by the Central Bank of the UAE. Most variable-rate mortgages in the UAE are priced as EIBOR plus a fixed bank margin, so the mortgage rate moves whenever EIBOR is refixed, typically every 1 or 3 months depending on the loan terms.

Is a fixed-rate mortgage available in the UAE?

Yes, most major banks offer an introductory fixed rate for the first 1–5 years (often in the high-3% to low-4% range as of 2026), after which the loan typically reverts to an EIBOR-linked variable rate for the remaining term.

Can non-residents get a mortgage in the UAE?

Yes, most major UAE banks including Emirates NBD, ADCB, and Dubai Islamic Bank offer mortgages to non-resident foreign buyers, though typically with a lower maximum loan-to-value ratio (often around 50%–60% for non-residents versus up to 80% for UAE residents) and additional documentation requirements.

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Written by Sheryar, founder of fin·calc. Rates verified against the sources below.

Sources

Written by Sheryar, founder of fin·calc. Rates verified against the sources below.

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