BEST OFFERS
Employed Resident 3.94% | Self Employed Resident 3.99%
EIBOR RATES TODAY
On |
4.450600
One Week |
4.595530
One Month |
4.560320
Three Months |
4.562010
Six Months |
4.384720
TWELVE MONTHS |
4.393990
Value Date |
25-11-2024
BEST OFFERS
Employed Resident 3.94% | Self Employed Resident 3.99%
EIBOR RATES TODAY
On |
4.450600
One Week |
4.595530
One Month |
4.560320
Three Months |
4.562010
Six Months |
4.384720
TWELVE MONTHS |
4.393990
Value Date |
25-11-2024
Stress Test
The stress test is designed to ascertain the ability of a borrower to repay a loan, also to protect borrowers from overburdening themselves with too much debt, and minimize risk in case interest rates rise in the future. The rate is usually 2-4% more than the market rate (This adjusted rate is referred to as the stress rate).
Best Mortgage Rates in UAE
Updated Daily
Employed Resident
3.94%
Fixed for 3 years
Thereafter
1.5% + 3M EIBOR with a minimum floor rate of 1.99%
Property Insurance - 0.0525% p.a.
Life Insurance - 0.0112% 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 3 years
Thereafter
1.59% + 3M EIBOR with a minimum floor rate of 2.75%
Property Insurance - 0.0483% 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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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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