Dubai Mortgage & Home Loan Rates Compared (22 Jun 2026)
- Jun 1
- 5 min read
Updated: Jun 22
If you're buying property in the UAE this summer, the rate table below is your starting point. I update it weekly from each bank's own product page so you see exactly what a mortgage broker would see — without the sales call.
As of 22 June 2026, the cheapest headline fixed rate is DIB at 3.49% (1-year Islamic, no salary transfer required). For conventional buyers, ADCB leads at 3.79% for a 2-year fix. The 3-month EIBOR is sitting at ~3.82–3.89% — down sharply from near 5.5% in mid-2025 — making variable-rate mortgages the most competitive they've been in two years. Rates are indicative and change frequently. Always confirm directly with the bank before acting. This is not financial advice.
Current EIBOR Benchmark (Jun 2026)
Most UAE mortgages track the 3-month EIBOR. Source: CBUAE EIBOR rates page | FCMB EIBOR tracker.
Tenor | Rate — as of 22 Jun 2026 |
1-Month EIBOR | ~3.71% |
3-Month EIBOR (most mortgages) | ~3.82–3.89% |
6-Month EIBOR | ~3.87% |
12-Month EIBOR | ~4.19% |
CBUAE base rate: 3.65% (held since Dec 2025). 3M EIBOR has fallen ~160bp from mid-2025 peaks.
UAE Home Loan Rates Compared — 22 Jun 2026
Rates as of 22 Jun 2026 — indicative, verify directly with the bank before acting.
Bank | Type | Best Fixed Rate | Fixed Periods | Revert Rate (EIBOR +) | Expat LTV (≤AED 5M) | Min Salary (AED/mo) | Salary Transfer |
Islamic | 3.49% (1-yr) / 3.95% (3-yr) | 1, 3 or 5 yr | +1.00–1.35% ★ lowest | 80% | AED 7,000–12,000 | Not required ★ | |
Conventional | 3.79% (2-yr) / 3.99% (3-yr) | 2, 3 or 5 yr | +1.60–1.79% | 80% | AED 15,000 (AED 30k SE) | Incentivised | |
Conventional | 3.89% (2-yr) / 3.99% (3-yr) | 2, 3 or 5 yr | +1.75–1.99% | 80% | AED 12,000–15,000 | Optional | |
Conventional | 3.99% (1–3 yr) / 4.19% (5-yr) | 1, 2, 3 or 5 yr | +1.50% (salary transfer) | 80% | AED 20,000 | Optional; fee waiver to 30 Jun | |
Islamic | 3.99% (3-yr) | 3 yr | +1.60% | 80% | AED 10,000* | Optional (*10k w/ transfer, 15k without) | |
Conventional | 3.99% (2-yr) | 2 yr | +1.49–1.75% | 80% | AED 15,000 | Optional; AED 2k cashback | |
Conventional | 3.99% (2-yr salaried) | 2 yr (sal.) / 3 yr (SE) | +1.69% (salaried) | 75–80% | AED 8,000–12,000 | Required for best rate | |
Conventional | 3.99% std / 3.74% Premier | 1, 2, 3 or 5 yr | +1.19–1.29% lowest margin | 75% (conservative) | AED 15,000 (AED 40k Premier) | Not required |
HSBC Premier requires AED 40,000/month salary. Best-in-class metrics marked above.
Source peer set per Mortgease UAE mortgage rates (Jun 2026) and each bank's own product page. CBUAE LTV rules: CBUAE Mortgage Loan Regulations.
How to Read This Table
What is EIBOR? The Emirates Interbank Offered Rate is the benchmark most UAE variable-rate mortgages track. When a bank quotes 'EIBOR + 1.50%', your rate resets every 1, 3, or 6 months to current EIBOR plus that fixed margin. With 3M EIBOR at ~3.85%, a margin of 1.50% gives ~5.35% today.
Fixed-rate period vs. lifetime variable cost. Banks offer a lower introductory fixed rate for 1–5 years, then revert to EIBOR + margin. Over a 25-year mortgage, the revert margin matters more than the headline teaser. HSBC's +1.19% revert margin is the lowest in the market — even though its headline rate is 3.99%, long-term borrowers often end up paying less overall.
Islamic (profit rate) vs. Conventional (interest). Sharia-compliant products (DIB, ADIB) use Diminishing Musharaka or Ijarah contracts. The numbers are fully comparable to conventional rates. Mashreq Al Islami is an Islamic window product and is significantly less competitive (quoted at ~5.49%) than dedicated Islamic banks.
DBR 50% cap. The UAE Central Bank caps total monthly debt repayments at 50% of gross salary. All your existing loan repayments (car, personal, credit card minimum payments) count toward this cap before the mortgage is sized.
LTV for expats vs. UAE nationals. Expats can borrow up to 80% on a first property up to AED 5M (20% minimum deposit). UAE nationals get 85% (15% deposit). Both caps drop for properties above AED 5M or second/investment properties.
Who Each Option Suits
First-time salaried expat, budget property (up to AED 1.5M): RAKBANK or ADIB — lowest minimum salary thresholds (AED 8–10k) with competitive rates and 80% LTV.
Islamic buyer wanting the best overall deal: DIB — 3.49% for 1 year (or 3.95% for 3 years), no salary transfer required, lowest revert margin in the market (~+1.00%).
Long-horizon buyer (10+ years): HSBC's +1.19–1.29% revert margin is lowest in the market. After the fixed period, your payments track EIBOR most efficiently.
Buyer with salary transfer: FAB at +1.50% revert (salary-transfer customers) plus processing-fee waiver until 30 June makes it a strong conventional package.
Non-resident investor: HSBC (up to 60% LTV, Premier or Private Banking) or Emirates NBD / FAB (50% LTV).
Self-employed applicant: ADCB is relatively self-employed-friendly (AED 30k/month) with a 3.79–3.99% rate; Mashreq also accepts self-employed with AED 15k minimum.
What Changes Your Rate
Salary transfer: Unlocks 0.10–0.40% discount at most banks. RAKBANK requires it for the headline rate; FAB's +1.50% revert is conditional on salary transfer.
LTV (deposit size): A larger deposit (lower LTV) often yields a better margin — especially above the AED 5M threshold where LTV drops from 80% to 70% for expats.
Existing bank relationship: If your salary already flows through a bank, ask their retention desk — relationship pricing often beats the advertised rate.
Islamic vs. conventional: Early settlement charges differ: ADIB charges 0% (unique in the market); most conventional banks charge 1% of outstanding or AED 10,000, whichever is lower.
Tenor and loan size: Maximum term is 25 years at most banks. Age-at-maturity caps apply: typically 65 for expats, 70 for nationals. Very large loans above AED 10M may attract better negotiated margins.
Frequently Asked Questions
Can expats get a mortgage in the UAE?
Yes — UAE banks lend to residents with a valid residence visa, typically up to 80% LTV on a first property up to AED 5M. Minimum salary requirements range from AED 7,000 (DIB) to AED 20,000 (FAB). Non-residents can also borrow at some banks (HSBC, Emirates NBD, FAB) but at lower LTV (50–60%) with stricter requirements.
What is the minimum down payment for Dubai property?
The CBUAE Mortgage Loan Regulations set the minimum deposit at 20% for expats on a first completed property up to AED 5M. For properties above AED 5M the minimum rises to 30%. Second or investment properties require a minimum 40% deposit from expats. Off-plan requires 50% minimum from all buyers.
How does the DBR 50% rule work?
Banks calculate your Debt Burden Ratio: all monthly loan repayments divided by gross monthly salary. If the result exceeds 50%, you either won't qualify or the approved loan amount will be capped. Credit card minimums, car loans, and personal loans all count toward this cap.
Is fixed or variable better right now?
With 3M EIBOR at ~3.85% (down from ~5.5% in mid-2025), variable-rate mortgages are at a multi-year low. If you're comfortable with EIBOR risk and plan to sell in 2–3 years, a short fix plus variable tail works. If you want long-term certainty, a 5-year fix (4.19–4.69% range) locks in payments. Discuss your specific scenario with a licensed UAE mortgage broker. This is not financial advice.
Do UAE banks lend for off-plan purchases?
Yes, but the LTV is capped at 50% for off-plan (all buyers), and funds are disbursed in stages tied to construction milestones. Not all banks approve all developers — check your bank's approved list. Off-plan purchases require RERA project registration and an escrow account per UAE law.
Sources & Disclaimer
Primary bank sources (Jun 2026): Emirates NBD | FAB | ADCB | ADIB | DIB | Mashreq | RAKBANK | HSBC UAE.
Regulatory: CBUAE EIBOR | CBUAE Mortgage Loan Regulations.
Aggregator cross-check: Mortgease (Jun 21, 2026) | MortgageCompare.ae.
This is not financial advice. Rates shown are indicative as of 22 Jun 2026, sourced from publicly available bank pages and aggregators. Rates change frequently and depend on your individual profile. Always verify the current rate directly with the bank or a licensed UAE mortgage broker before making any borrowing decision.
— Angel Tyagi | Updated 22 Jun 2026 | UAE Personal Loans Compared | Dubai Off-Plan New Launches Tracker
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