BEST OFFERS
Employed Resident 3.85% | Self Employed Resident 4.50%
EIBOR RATES TODAY
On |
5.058680
One Week |
5.332500
One Month |
5.433050
Three Months |
5.239340
Six Months |
5.144950
One Year |
5.140000
BEST OFFERS
Employed Resident 3.85% | Self Employed Resident 4.50%
EIBOR RATES TODAY
On |
5.058680
One Week |
5.332500
One Month |
5.433050
Three Months |
5.239340
Six Months |
5.144950
One Year |
5.140000
mortgage calculator

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
Best Mortgage Rate
3.85%
Fixed for 3 years
Thereafter
1.49% + 3M EIBOR with a minimum floor rate of 3.85%
Property Insurance - 0.0378% p.a.
Life Insurance - 0.0431% p.m
For more info
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Employed Non Resident
Best Mortgage Rate
4.59%
Fixed for 3 years
Thereafter
1.69% + 1M EIBOR with a minimum floor rate of 4.5%
Property Insurance - 0% p.a.
Life Insurance - 0.025% p.m
For more info
Contact on whatsapp
Self Employed Resident
Best Mortgage Rate
4.50%
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
For more info
Contact on whatsapp
Self Employed Non Resident
Best Mortgage Rate
4.59%
Fixed for 3 years
Thereafter
1.69% + 1M EIBOR with a minimum floor rate of 4.5%
Property Insurance - 0% p.a.
Life Insurance - 0.025% p.m
For more info
Contact on whatsapp

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