BEST OFFERS
Employed Resident 3.98% | Self Employed Resident 4.25%
EIBOR RATES TODAY
On |
4.924490
One Week |
5.401160
One Month |
5.197280
Three Months |
4.986170
Six Months |
4.659690
TWELVE MONTHS |
4.265380
BEST OFFERS
Employed Resident 3.98% | Self Employed Resident 4.25%
EIBOR RATES TODAY
On |
4.924490
One Week |
5.401160
One Month |
5.197280
Three Months |
4.986170
Six Months |
4.659690
TWELVE MONTHS |
4.265380
Islamic Mortgage
Islamic mortgages are not interest-based. It is based on the concept derived from Islamic principles of interest-free lending, where, the bank buys a property on behalf of the client and sells the property back to the client for a profit. Monthly installments payments are made by the client to buy the collateral property from the bank.
Best Mortgage Rates in UAE
Updated Daily
Employed Resident
3.98%
Fixed for 5 years
Thereafter
1.65% + 3M EIBOR with a minimum floor rate of 2.49%
Property Insurance - 0.035% p.a.
Life Insurance - 0.0242% p.m
Employed Non Resident
4.35%
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
4.25%
Fixed for 3 years
Thereafter
1.69% + 3M EIBOR with a minimum floor rate of null%
Property Insurance - 0.035% p.a.
Life Insurance - % p.m
Self Employed Non Resident
4.35%
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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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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