BEST OFFERS
Employed Resident 3.78% | Self Employed Resident 3.99%
TODAY'S CURRENT EIBOR
On |
3.432480
One Week |
3.657370
One Month |
3.733260
Three Months |
3.806080
Six Months |
3.923180
TWELVE MONTHS |
4.163890
BEST OFFERS
Employed Resident 3.78% | Self Employed Resident 3.99%
TODAY'S CURRENT EIBOR
On |
3.432480
One Week |
3.657370
One Month |
3.733260
Three Months |
3.806080
Six Months |
3.923180
TWELVE MONTHS |
4.163890
DSCR(Debt service coverage ratio)
This is used in commercial properties, it is the ratio between net annual rental incomes to the sum of annual mortgage payments.
DSCR = Annual net rental income / annual mortgage debt service value. In the UAE DSCR has to be less than 1.5. This is also represented as a percentage by some banks as 150%.
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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