BEST OFFERS
Employed Resident 4.75% | Self Employed Resident 5.55%
EIBOR RATES TODAY
On |
5.077090
One Week |
5.346680
One Month |
5.380120
Three Months |
5.285740
Six Months |
5.488930
One Year |
5.584940
BEST OFFERS
Employed Resident 4.75% | Self Employed Resident 5.55%
EIBOR RATES TODAY
On |
5.077090
One Week |
5.346680
One Month |
5.380120
Three Months |
5.285740
Six Months |
5.488930
One Year |
5.584940
Life Insurance
Life insurance is compulsory to obtain a mortgage in the UAE. If a borrower passes away or is permanently disabled the life insurance will kick in to pay off the outstanding mortgage balance.
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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Best Mortgage Rates in UAE
Updated Daily
Employed Resident
4.75%
Fixed for 3 years
Thereafter
2.25% + 3M EIBOR with a minimum floor rate of 2.25%
Property Insurance - 0.042% p.a.
Life Insurance - 0.0184% p.m
Employed Non Resident
5.24%
Fixed for 5 years
Thereafter
1.79% + 3M EIBOR with a minimum floor rate of 1.69%
Property Insurance - 0.04% p.a.
Life Insurance - 0.01167% p.m
Self Employed Resident
5.55%
Fixed for 3 years
Thereafter
1.79% + 3M EIBOR with a minimum floor rate of 4.29%
Property Insurance - 0.04% p.a.
Life Insurance - 0.0116% p.m
Self Employed Non Resident
5.24%
Fixed for 5 years
Thereafter
1.89% + 3M EIBOR with a minimum floor rate of 1.89%
Property Insurance - 0.04% p.a.
Life Insurance - 0.0116% p.m
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