BEST OFFERS
Employed Resident 3.78% | Self Employed Resident 3.99%
TODAY'S CURRENT EIBOR
On |
3.477440
One Week |
3.645960
One Month |
3.723810
Three Months |
3.900400
Six Months |
4.037500
TWELVE MONTHS |
4.170620
BEST OFFERS
Employed Resident 3.78% | Self Employed Resident 3.99%
TODAY'S CURRENT EIBOR
On |
3.477440
One Week |
3.645960
One Month |
3.723810
Three Months |
3.900400
Six Months |
4.037500
TWELVE MONTHS |
4.170620
Disbursement
Disbursement refers to the drawdown or release of approved mortgage funds by the bank. Before disbursement can take place, the borrower must have signed the Final Offer Letter. It is the final step of the mortgage process, where all conditions in the FOL and contracts have been satisfied and account is funded with required fees (banking fees, insurance fees). The loan amount will then reflect in your banking app once the disbursement is completed and bank prepare the managers cheque/s to seller, DLD if requested.
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
3.99%
Fixed for 2 years
Thereafter
1.29% + 3M EIBOR
Property Insurance - 0.035% p.a.
Life Insurance - 0% 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
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