BEST OFFERS
Employed Resident 3.78% | Self Employed Resident 4.10%
TODAY'S CURRENT EIBOR
On |
3.654850
One Week |
3.970630
One Month |
4.004160
Three Months |
4.214590
Six Months |
4.247700
TWELVE MONTHS |
4.954470
BEST OFFERS
Employed Resident 3.78% | Self Employed Resident 4.10%
TODAY'S CURRENT EIBOR
On |
3.654850
One Week |
3.970630
One Month |
4.004160
Three Months |
4.214590
Six Months |
4.247700
TWELVE MONTHS |
4.954470
Buy-out Fee
The bank charges a penalty fee if a borrower settles the complete mortgage loan earlier than the stipulated tenor in the mortgage contract. This penalty is designed to minimize lost interest revenue due to early settlement for the bank on the mortgage loan. Central Bank of UAE regulations caps the fee at 1% of the amount repaid early with a maximum of AED10000. In case of an early settlement due to the sale of the property, some banks may exempt the borrower from early settlement fees, check with your bank or broker to see if you qualify.
Best Mortgage Rates in UAE
Updated Daily
Employed Resident
3.78%
Fixed for 2 years
Thereafter
1.89% + 6M EIBOR with a minimum floor rate of 3.24%
Property Insurance - 0.06% p.a.
Life Insurance - 0.035% p.m
Employed Non Resident
4.19%
Fixed for 3 years
Thereafter
1.99% + 3M EIBOR with a minimum floor rate of 2.24%
Property Insurance - 0.05% p.a.
Life Insurance - 0.0102% p.m
Self Employed Resident
4.10%
Fixed for 3 years
Thereafter
2% + 3M EIBOR with a minimum floor rate of 2.99%
Property Insurance - 0.035% p.a.
Life Insurance - 0.0159% p.m
Self Employed Non Resident
4.19%
Fixed for 3 years
Thereafter
1.99% + 3M EIBOR with a minimum floor rate of 2.24%
Property Insurance - 0.05% p.a.
Life Insurance - 0.0102% p.m
Calculate Your Mortgage Repayments more accurately.
Calculate your mortgage with ease using FCMB Mortgage Calculator.
Explore your eligibility and affordability of mortgages with the Best Mortgage Calculator in UAE.
Calculate Now
Calculate your repayment schedule with a click
