BEST OFFERS
Employed Resident 3.89% | Self Employed Resident 4.10%
EIBOR RATES TODAY
On |
4.101560
One Week |
4.431910
One Month |
4.295940
Three Months |
4.248720
Six Months |
4.080040
TWELVE MONTHS |
4.136890
Value Date |
26-05-2025
BEST OFFERS
Employed Resident 3.89% | Self Employed Resident 4.10%
EIBOR RATES TODAY
On |
4.101560
One Week |
4.431910
One Month |
4.295940
Three Months |
4.248720
Six Months |
4.080040
TWELVE MONTHS |
4.136890
Value Date |
26-05-2025
Variable Rate Mortgage
A variable-rate mortgage is a loan where the interest rate of the loan is variable from the start. The value of the variable rate is determined by referencing a benchmark rate. In the UAE, EIBOR is used as a benchmark to determine the variable rate. E.g. Variable rate = 3Month EIBOR rate + 2% mark up. I.e. if the 3Month EIBOR rate is 0.4% then the variable rate will be 2.4%. Usually, the variable rate is determined by referencing the benchmark rate on the day the repayment is calculated.
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
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6 Min Read
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