BEST OFFERS
Employed Resident 3.78% | Self Employed Resident 3.99%
TODAY'S CURRENT EIBOR
On |
3.355620
One Week |
3.649820
One Month |
3.698870
Three Months |
3.719840
Six Months |
3.705170
TWELVE MONTHS |
3.983430
BEST OFFERS
Employed Resident 3.78% | Self Employed Resident 3.99%
TODAY'S CURRENT EIBOR
On |
3.355620
One Week |
3.649820
One Month |
3.698870
Three Months |
3.719840
Six Months |
3.705170
TWELVE MONTHS |
3.983430
Istisna’a
Istisna’a refers to the Islamic home financing structure used when a property is not built yet.
Instead of buying a ready home, the bank agrees to build or arrange construction of the property based on agreed details. The bank pays for the construction in stages, and once the property is completed, the customer starts paying the bank over time. (Forward Ijarah).
This is commonly used for off-plan properties. And the exact structure may vary depending on the bank and the financing arrangement.
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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