Dubai Mortgage & Home Loan Rates Compared (14 Sep 2026)
Updated: 5 days ago
Looking to buy property in Dubai or refinance your home loan? As of 14 September 2026, a fresh market-leader sweep surfaces a new cheapest confirmed headline: Sharjah Islamic Bank at 3.75% p.a. (1yr fixed, salary transfer, Islamic profit rate) — cross-verified on two independent aggregators today. Standard Chartered, this table's confirmed leader two cycles ago at 3.78%, has jumped to the low-4% range on this pull — a big enough move that we're flagging it for direct re-confirmation rather than taking it at face value. Three-month EIBOR stands at 4.17454% per the Central Bank's daily fixing — noticeably higher than recent cycles. Every headline rate below assumes salary transfer and an LTV under 80% unless noted otherwise.
I update this page weekly (and more often when rates or promos shift). Two new banks — Sharjah Islamic Bank and Arab Bank — enter the table this cycle after topping the market-leader sweep; Arab Bank's figure is currently single-sourced and unconfirmed. Treat any single-sourced or sharply-moved figure as unverified until you confirm directly with the bank — promotional pricing at UAE banks runs on short, rolling windows.
This cycle's lowest confirmed advertised rate: Sharjah Islamic Bank at 3.75% p.a. (1yr fixed, salary transfer) — verified on two independent aggregators. Standard Chartered, last cycle's leader, has moved up to 4.29-4.44% on this pull — a large swing worth confirming directly before relying on it. Tightest confirmed revert margin: DIB's Al Islami Home Finance at 3M EIBOR + 1.00% — at today's EIBOR of 4.17454%, that's an all-in ~5.17% p.a. Always compare the revert rate, not just the headline fixed number.
UAE Mortgage Rates — As of 14 September 2026 (Indicative, Verify with Bank)
Scenario: salaried applicant, salary transfer to lending bank, LTV under 80%, first residential property under AED 5M. Rates are indicative and change frequently — confirm directly with the bank before acting. Islamic products quote a profit rate, not interest; the economics are equivalent for comparison purposes.
Bank | Product | Type | Headline Rate (fixed period) | Reverts To | Max LTV | Min Salary | Notes |
Sharjah Islamic Bank | Fixed Home Finance | Islamic (profit rate) | 3.75% (1yr fixed) — this cycle's confirmed market leader | 3M EIBOR + 2.25% (~6.42% all-in today) — the widest revert margin in this table | 80% expat (indicative, aggregator-sourced) | Not published — confirm directly | Cross-verified on two independent aggregators (mortgagecompare.ae and mortgease.ae) today. Newly added to this table after the market-leader sweep — wasn't in the prior fixed peer set. Requires salary transfer. |
Arab Bank | Fixed Home Loan | Conventional | 3.78% (2yr fixed) | Not published by aggregator — confirm directly | Not published — confirm directly | Not published — confirm directly | Single-sourced on mortgagecompare.ae only (mortgease.ae does not list Arab Bank) — flagged unconfirmed pending a second source. New entrant to this table. |
Emirates NBD (ENBD) | Home Loan | Conventional | 3.89% (1/2/3yr, salary transfer) | 1M EIBOR + 1.99% (~5.87% all-in today) | 80% expat / 85% UAE national | AED 15,000 | Confirmed on two independent aggregators today. Salary transfer to ENBD required for the headline rate. |
RAKBANK | Home Loan | Conventional | 3.89% (fixed) | Not published by aggregator — confirm directly | 80% (<AED 5M) / 70% (≥AED 5M) | AED 10,000 (aggregator estimate) | Confirmed on two independent aggregators today. |
United Arab Bank | Fixed Home Finance | Islamic (profit rate) | 3.89% (1yr) | Not published by aggregator — confirm directly | Not published — confirm directly | Not published — confirm directly | Confirmed on two independent aggregators today. |
Dubai Islamic Bank (DIB) | Al Islami Home Finance | Islamic (profit rate) | 3.95% (3/5yr, salary transfer) | 3M EIBOR + 1.00% (~5.17% all-in today) — tightest confirmed revert margin in this table | 80% expat (20% down) | AED 15,000 | Confirmed on mortgagecompare.ae today. DIB's own product page still doesn't publish a headline profit rate — confirm directly. |
First Abu Dhabi Bank (FAB) | Mortgage Loan | Conventional | 3.99% (1/2/3/5yr, salary transfer) | 3M EIBOR + 1.50% (~5.67% all-in today) | 80% expat / 85% UAE national | AED 15,000 | Confirmed on mortgagecompare.ae today. Frequently cited as the bank to beat on pure headline number. |
ADIB (Abu Dhabi Islamic Bank) | Home Finance (Ijara) | Islamic | 3.99% (3-20yr, salary transfer) | 1M EIBOR + 1.60% (~5.48% all-in today) | 75-80% expat / 85% UAE national | AED 10,000 (salary transfer) / AED 15,000 | Confirmed on mortgagecompare.ae today. |
Mashreq | Home Loan (Premium segment) | Conventional | 3.99% (2yr) — Premium customers only | 3M EIBOR + 1.75% (~5.92% all-in today) | 80% expat (completed) / 50% off-plan | AED 12,000 | Standard (non-Premium) headline not published on the aggregator this cycle — confirm your segment's rate directly with Mashreq. |
HSBC UAE | Fixed-Rate / Variable Home Loan | Conventional | 4.05% (fixed period) — Private/Premier segment on this pull | 3M EIBOR + 1.09% go-to margin. HSBC's own page shows two different EIBOR figures this cycle (3.70% and 3.89%) that don't reconcile with each other or with fcmb.ae's 4.17454% — treat HSBC's revert quote as unconfirmed until you get a live figure from them directly. | 75% expat / 80% UAE national | AED 15,000 (standard) / AED 40,000 (Premier) | Standard (non-Premier) headline not shown on this pull — confirm your segment's rate directly. |
ADCB (Abu Dhabi Commercial Bank) | Standard Mortgage Loan | Conventional | 4.13% (fixed) | Not published by aggregator — confirm directly | 80% expat / 85% UAE national | AED 15,000 | Confirmed on mortgagecompare.ae today. Up from ~3.85% seen in earlier cycles — reconfirm directly before relying on either figure. |
Standard Chartered | MortgageOne / Saadiq One | Conventional / Islamic | 4.29% (Standard) / 4.39% (MortgageOne) / 4.44% (Saadiq One, Islamic) — no salary transfer required | 3M EIBOR + 1.10% (~5.27% all-in today) | 80% expat / 85% UAE national | AED 15,000 | Was this table's confirmed leader at 3.78% two cycles ago — the aggregator now shows a large jump to the low-4% range. Treat as a significant move; re-confirm directly with Standard Chartered before assuming this reflects a genuine repricing rather than a stale/promo-expired listing. |
What Is EIBOR and Why Does It Matter for Your Mortgage?
EIBOR (Emirates Interbank Offered Rate) is the benchmark rate at which UAE banks lend to each other. The 3-month EIBOR is the most common reference for variable-rate mortgages. Your monthly repayment on a floating mortgage is recalculated on the reset cycle: EIBOR + the bank's fixed margin. Lower EIBOR = lower payment.
Today's EIBOR rates (CBUAE daily fixing via fcmb.ae, last updated 11 Sep 2026, value date 15 Sep 2026): 1M = 3.87552% | 3M = 4.17454% | 6M = 4.22437% | 12M = 4.67870%. This is noticeably higher than the ~3.87-3.94% range seen in recent cycles. Confirm the live figure on the Central Bank's site before relying on it for a binding calculation.
Indicative All-In Variable Rates Today
These are the floating rates that apply after your fixed period ends — or immediately if you choose a pure floating product. Figures are the bank's own quoted margin over EIBOR where confirmed, or the aggregator-sourced margin where the bank's own page doesn't publish one. Sorted lowest to highest.
Bank / Product | Basis | Spread | Indicative All-In Rate Today |
DIB — Al Islami | 3M EIBOR (4.17454%) | +1.00% | ~5.17% p.a. |
HSBC — go-to fixed margin | 3M EIBOR (4.17454%) | +1.09% | ~5.27% p.a. |
Standard Chartered | 3M EIBOR (4.17454%) | +1.10% | ~5.27% p.a. |
FAB | 3M EIBOR (4.17454%) | +1.50% | ~5.67% p.a. |
Mashreq | 3M EIBOR (4.17454%) | +1.75% | ~5.92% p.a. |
Sharjah Islamic Bank | 3M EIBOR (4.17454%) | +2.25% | ~6.42% p.a. |
Emirates NBD | 1M EIBOR (3.87552%) | +1.99% | ~5.87% p.a. |
ADIB | 1M EIBOR (3.87552%) | +1.60% | ~5.48% p.a. |
Rates as of 14 September 2026 — indicative, verify with the bank.
How to Read the Comparison Table
Fixed vs floating — A fixed rate locks in your repayment for 1–5 years. After that, it 'reverts' to EIBOR + the bank's margin. Fixed = stability now; floating = lower cost if EIBOR falls.
Islamic (profit rate) vs conventional (interest) — Islamic mortgages charge a 'profit rate' under Murabaha or Ijarah structures — Sharia-compliant and functionally equivalent to interest for comparison. The math is the same; the legal structure differs.
DBR (Debt Burden Ratio) — The CBUAE caps total monthly debt (mortgage + car loan + credit cards) at 50% of gross salary. A AED 15,000/month salary allows a maximum AED 7,500/month in combined debt payments.
Reducing balance vs flat rate — UAE mortgages are always quoted on a reducing-balance basis — the correct way to compare. Flat-rate quotes (sometimes seen in personal loans) look cheaper but are not.
LTV (Loan-to-Value) — LTV = loan ÷ property value. The CBUAE caps expat first-home LTV at 80% (properties under AED 5M). You need at least a 20% down payment plus a 4% Dubai Land Department (DLD) transfer fee + registration fees.
CBUAE LTV Caps — Regulatory Limits (All Banks)
Borrower Type | Property Value | 1st Home (completed) | 2nd / Investment Property | Off-Plan |
UAE National | ≤ AED 5M | 85% | 65% | 50% |
UAE National | > AED 5M | 75% | 65% | 50% |
Expat Resident | ≤ AED 5M | 80% | 60% | 50% |
Expat Resident | > AED 5M | 70% | 60% | 50% |
Non-Resident | All | 50–65% | 50–60% | Not typical |
Source: CBUAE Mortgage Regulations Rulebook. As of 14 September 2026. These are regulatory ceilings — individual banks may apply tighter limits.
Who Does Each Option Suit?
Salaried expat, first-time buyer, wants the sharpest confirmed rate — Sharjah Islamic Bank (3.75%, 1yr fixed) is this cycle's confirmed cheapest headline — but carries the widest revert margin (3M EIBOR + 2.25%) in the table, so weigh the whole cost, not just year one.
Salaried expat, wants the tightest confirmed revert margin — DIB's Al Islami Home Finance at 3M EIBOR + 1.00% (~5.17% all-in today) beats every other confirmed margin in this comparison once the fixed period ends.
Sharia-compliant preference — Sharjah Islamic Bank and DIB's Al Islami Home Finance are both Islamic products in this cycle's leading group — compare the headline AND the revert margin between them, since they trade off differently.
Self-employed or business owner — ADIB and HSBC Premier are among the more self-employment-friendly options. Expect a rate premium vs a salaried applicant at most banks.
Property over AED 5M — LTV drops: expats capped at 70% (30% down + DLD fees). Budget the full cash outlay carefully and confirm each bank's high-value-property terms directly.
Looking to buy off-plan — Most banks cap off-plan LTV at 50%. Mashreq explicitly advertises an off-plan product; ask each bank directly about off-plan eligibility and terms.
What Changes the Rate You're Offered?
The headline rates in the table are best-case scenarios. Your actual offer will depend on:
Salary transfer — Transferring your salary to the lending bank typically unlocks a lower rate than the walk-in headline — sometimes the entire headline rate requires it.
LTV / down payment — Borrowing at 60–70% LTV vs 80% can shave a meaningful margin off the rate. Lower LTV signals less risk to the bank.
Employer profile — Government entities, large multinationals, and banks on the lender's 'preferred employer' list attract better rates. Ask your bank whether your employer qualifies.
Fixed period length — Longer fixed periods (5yr vs 1yr) cost more — you pay for certainty. The spread between 1yr and 5yr is typically 0.50–0.90% in today's market.
Islamic vs conventional — Pricing leadership between Islamic and conventional products shifts with each bank's funding costs — Islamic products lead the confirmed table this cycle, but compare both types at application time rather than assuming one is always cheaper.
EIBOR direction — 3M EIBOR is at 4.17454%, noticeably higher than the ~3.87-3.94% range seen in recent cycles. A fixed-rate mortgage hedges against future upside; floating benefits if EIBOR falls back.
Frequently Asked Questions
Can expats get a mortgage in Dubai?
Yes. UAE-resident expats can borrow up to 80% of a property's value (for properties under AED 5M), subject to a 50% DBR cap and minimum salary requirements (typically AED 10,000–15,000/month depending on the bank). Non-residents can also apply, but LTV is capped at 50–65% and documentation requirements are more stringent.
Is it better to go fixed or floating in September 2026?
With 3M EIBOR at 4.17454% and noticeably higher than recent cycles, a 1–3yr fixed rate around 3.75–3.99% locks in close to current levels and removes near-term uncertainty. If EIBOR falls instead, a floating rate would come out cheaper over time. This is a trade-off between certainty and potential savings — not a one-size-fits-all answer, and not financial advice.
What fees should I budget beyond the mortgage rate?
On a AED 2M property at 80% LTV (loan: AED 1.6M): Dubai Land Department (DLD) transfer fee ~AED 80,000 (4% of value); DLD trustee or Oqood registration ~AED 4,000; bank arrangement fee ~AED 16,000–20,000 (typically ~1% of loan, sometimes waived under a promo); property valuation ~AED 2,500–3,000; buildings insurance ~0.1–0.2% p.a. Budget a minimum of 6–7% of purchase price in upfront transaction costs, on top of your down payment.
What does EIBOR + 1.5% mean on a AED 1M mortgage?
At today's 3M EIBOR of 4.17454%: an EIBOR+1.5% floating rate is 5.67% p.a. On a AED 1M 25-year mortgage (reducing balance), that equates to roughly AED 6,300–6,550/month in repayments — illustrative only. Actual payment depends on tenor, fees, and disbursement timing. Use the bank's own mortgage calculator for a binding figure.
Which bank has the lowest mortgage rate in Dubai right now?
Sharjah Islamic Bank, at 3.75% p.a. (1yr fixed, salary transfer) — the lowest figure confirmed on two independent aggregators this cycle. It carries the widest revert margin in the table (3M EIBOR + 2.25%), so it's cheapest in year one but not necessarily over a full term. Standard Chartered, the confirmed leader two cycles ago at 3.78%, has jumped to 4.29-4.44% on this pull — a move worth confirming directly before relying on it. Always compare both the fixed rate AND the revert rate — a cheaper fix that reverts to a high EIBOR margin can cost significantly more over a 25-year term, and every one of these figures needs confirming directly with the bank.
Sources & Data Notes
This page is researched and updated weekly using primary and secondary sources. All figures are indicative — confirm current offers directly with each bank before acting.
EIBOR: CBUAE daily fixing via fcmb.ae — 1M 3.87552%, 3M 4.17454%, 6M 4.22437%, 12M 4.67870%, last updated 11 Sep 2026 (value date 15 Sep 2026). CBUAE EIBOR page.
Bank sources: DIB Home Finance | HSBC UAE Mortgage Rates | FAB Mortgage Loan | ENBD Home Loans | RAKBANK Home Loan | ADIB Home Finance | ADCB Standard Mortgage Loan.
Comparison aggregators used for the market-leader sweep: mortgagecompare.ae and mortgease.ae. LTV regulations: CBUAE Mortgage Regulations Rulebook.
This is not financial advice. Rates are indicative and change frequently — confirm directly with the bank or a licensed UAE mortgage broker before acting. Not sponsored — Angel In Dubai is not affiliated with, paid by, or endorsed by any bank or financial institution listed here. See also: Dubai Off-Plan Launches Tracker for current off-plan properties and UAE Fixed Deposit & Savings Rates for the latest savings rates.
— Angel Tyagi, angelindubai.com | Researched 14 September 2026 | Next update: ~21 Sep 2026 (weekly cadence)
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