BEST OFFERS
Employed Resident 3.85% | Self Employed Resident 4.50%
EIBOR RATES TODAY
On |
4.953530
One Week |
5.272370
One Month |
5.436370
Three Months |
5.124750
Six Months |
5.175070
One Year |
5.425000
BEST OFFERS
Employed Resident 3.85% | Self Employed Resident 4.50%
EIBOR RATES TODAY
On |
4.953530
One Week |
5.272370
One Month |
5.436370
Three Months |
5.124750
Six Months |
5.175070
One Year |
5.425000
Fixed-Rate Mortgage
A fixed-rate mortgage is a loan where a specific interest rate is applied for a portion of the loan tenor. In the UAE it is common to see fixed-rate mortgages where interest rates are fixed for 1-7years. After the fixed-rate tenor of the loan expires a variable rate formula will kick in. E.g. 2.5% fixed for 3 years, thereafter 2.1%+3Month EIBOR
Best Mortgage Rates in UAE
Updated Daily
Employed Resident
3.85%
Fixed for 3 years
Thereafter
1.49% + 3M EIBOR with a minimum floor rate of 3.85%
Property Insurance - 0.0378% p.a.
Life Insurance - 0.0431% p.m
Employed Non Resident
4.59%
Fixed for 3 years
Thereafter
1.69% + 1M EIBOR with a minimum floor rate of 4.5%
Property Insurance - 0% p.a.
Life Insurance - 0.025% p.m
Self Employed Resident
4.50%
Fixed for 3 years
Thereafter
1.75% + 3M EIBOR with a minimum floor rate of 1.75%
Property Insurance - 0.03325% p.a.
Life Insurance - 0.03% p.m
Self Employed Non Resident
4.59%
Fixed for 3 years
Thereafter
1.69% + 1M EIBOR with a minimum floor rate of 4.5%
Property Insurance - 0% p.a.
Life Insurance - 0.025% p.m
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Knowledge Hub
31/07/2023
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6 Min Read
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31/08/2022
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6 Min Read
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