BEST OFFERS
Employed Resident 3.89% | Self Employed Resident 4.10%
EIBOR RATES TODAY
On |
4.060000
One Week |
4.369650
One Month |
4.297410
Three Months |
4.202910
Six Months |
4.260970
TWELVE MONTHS |
4.128080
Value Date |
21-04-2025
BEST OFFERS
Employed Resident 3.89% | Self Employed Resident 4.10%
EIBOR RATES TODAY
On |
4.060000
One Week |
4.369650
One Month |
4.297410
Three Months |
4.202910
Six Months |
4.260970
TWELVE MONTHS |
4.128080
Value Date |
21-04-2025
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
3.89%
Fixed for 2 years
Thereafter
1.69% + 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
4.19%
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
4.10%
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
4.19%
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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Knowledge Hub
31/07/2023
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6 Min Read
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