BEST OFFERS
Employed Resident 3.78% | Self Employed Resident 4.10%
TODAY'S CURRENT EIBOR
On |
3.439150
One Week |
3.699520
One Month |
3.750420
Three Months |
3.945650
Six Months |
4.012500
TWELVE MONTHS |
4.296890
BEST OFFERS
Employed Resident 3.78% | Self Employed Resident 4.10%
TODAY'S CURRENT EIBOR
On |
3.439150
One Week |
3.699520
One Month |
3.750420
Three Months |
3.945650
Six Months |
4.012500
TWELVE MONTHS |
4.296890
Mortgage smart definitions

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
Best Mortgage Rate
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
For more info
Contact on whatsapp
Employed Non Resident
Best Mortgage Rate
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
For more info
Contact on whatsapp
Self Employed Resident
Best Mortgage Rate
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
For more info
Contact on whatsapp
Self Employed Non Resident
Best Mortgage Rate
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
For more info
Contact on whatsapp

Calculate Your Mortgage Repayments more accurately.

Calculate Now
Calculate your repayment schedule with a click
Call NowTalk on whatsapp