Dubai Mortgage & Home Loan Rates Compared (6 Nov 2026)
Updated: 19 hours ago
Buying or refinancing in the UAE? As of 6 November 2026, the sharpest advertised fixed rate I found is 3.75% at Sharjah Islamic Bank (Islamic), and 3.89% at United Arab Bank for conventional, both with salary transfer. Headline rates come from mortgagecompare.ae (rates as of 2 November, read from lender product records) and Al Masraf's own rates page; I could not tie other banks' own pages to today, so treat these as the most recent I can source rather than live quotes.
On the benchmark: 3-month EIBOR is about 4.28% (Al Masraf's own rates page, as of 4 November), against 4.31% in last week's edition. That trims every variable and post-fixed-period rate in the all-in table below. Several rates moved up in the aggregator's 2 November read: ADIB now 4.14%, Emirates NBD 4.19% and HSBC 4.29%. Everything here is indicative — confirm with the bank.
The honest read: a fixed rate only protects you for 1–5 years. Compare what it reverts to as well as the headline.
UAE Mortgage Rates — As of 6 November 2026 (Indicative, Verify with Bank)
Scenario: salaried applicant, salary transfer, first home under AED 5M, around 80% LTV. Sources: mortgagecompare.ae (rates as of 2 November) and Al Masraf's own page (as of 4 November). The aggregator does not publish LTV or minimum salary per bank, so I point to the regulatory caps below. Standard Chartered is left out because I found no current figure. Rates are indicative and change frequently — confirm directly with the bank before acting. Islamic products quote a profit rate rather than interest.
Bank | Product | Type | Headline rate (fixed period) | Reverts to | Max LTV | Min salary | Notes |
Sharjah Islamic Bank | Fixed home finance | Islamic | 3.75% (1/3/5 yrs); 3-yr 3.99%, 5-yr 4.25% | 3M EIBOR + 1.75% | Per CBUAE caps (see LTV table) | Check with bank | Salary transfer required; 0% bank fee listed. Lowest headline of any lender. |
United Arab Bank | Standard, salary transfer | Conventional | 3.89% (1/2/3/5 yrs); 3-yr 4.19%, 5-yr 4.49% | 3M EIBOR + 1.79% | Per CBUAE caps (see LTV table) | Check with bank | Lowest conventional headline. Bank fee 0.525% listed. |
Arab Bank | Fixed home loan | Conventional | 3.99% (2/3 yrs); 3-yr 4.25% | 6M EIBOR + 1.89% | Per CBUAE caps (see LTV table) | Check with bank | Needs salary transfer and a bank credit card. |
Commercial Bank of Dubai | Standard, salary transfer | Conventional | 3.99% (1/3/5 yrs); 5-yr 4.44% | 3M EIBOR + 1.69% below 50% LTV; + 1.79% above | Per CBUAE caps (see LTV table) | Check with bank | Minimum fee AED 3,000 + VAT. 1-year is 5.14%. |
Emirates Islamic | Standard, salary transfer | Islamic | 3.99% (3/5 yrs); 5-yr 4.39% | 3M EIBOR + 1.79% | Per CBUAE caps (see LTV table) | Check with bank | No valuation fee on a handover transaction. |
FAB | Standard, salary transfer | Conventional | 3.99% (1/2/3 yrs); 5-yr 4.19% | 3M EIBOR + 1.50% | Per CBUAE caps (see LTV table) | Check with bank | Fee waiver capped at AED 25,000. |
Ajman Bank | Standard, salary transfer | Islamic | 4.09% (2 yrs) | 3M EIBOR + 1.75% | Per CBUAE caps (see LTV table) | Check with bank | Needs financing below 50% of value and AED 250,000+; 51–60% is 4.20%. |
Dubai Islamic Bank | Standard, salary transfer | Islamic | 4.10% (3 yrs) | 3M EIBOR + 1.00% | Per CBUAE caps (see LTV table) | Check with bank | Lowest reversion margin listed. The 3-year is the only fixed term shown. |
ADCB | Fixed home loan | Conventional | 4.13% (term not stated) | Not stated | Per CBUAE caps (see LTV table) | Check with bank | Rate supplied to the aggregator in August and not re-verified; excluded from any 'lowest' claim. |
ADIB | Standard, salary transfer | Islamic | 4.14% (2 to 20 yrs); 5-yr 4.34% | 1M EIBOR + 1.60% | Per CBUAE caps (see LTV table) | Check with bank | Same 4.14% on 2- and 3-year. 7 to 20 years is 5.50% to 6.00%. |
Emirates NBD | Standard, salary transfer | Conventional | 4.19% (2/3 yrs); 3-yr 4.29% | 1M EIBOR + 1.99% | Per CBUAE caps (see LTV table) | Check with bank | Salary transfer letter mandatory. A 3.99% 2-year with no fee is limited to Abu Dhabi properties. |
Al Hilal Bank | UAE Nationals and Tharwa | Islamic | 4.25% (3/5 yrs) | 3M EIBOR + 2.25% (3y) / + 1.99% (5y) | Per CBUAE caps (see LTV table) | Check with bank | Nationals and Tharwa customers only; everyone else pays 4.49%. |
National Bank of Fujairah | Bundle offer, salary transfer | Conventional | 4.25% (3/5 yrs) | 3M EIBOR + 1.49% | Per CBUAE caps (see LTV table) | Check with bank | Bundle offer on the 5-year; standard offer 4.35%. |
HSBC UAE | Private, Premier and Advance (AED 30,000+ salary) | Conventional | 4.29% (1 yr); 2-yr 4.49%, 3-yr 4.89% | 3M EIBOR + 1.09% | Per CBUAE caps (see LTV table) | AED 30,000 (Advance) | No salary transfer needed. Advance below AED 30,000 is 4.54%. |
Al Masraf | Home loan / home finance, fixed 3 yrs | Conventional and Islamic | 4.10%–6.10% (3 yrs), from the bank's page | 3M EIBOR + 1.99% to 2.99%, minimum 4.10%–6.10% | Per CBUAE caps (see LTV table) | Check with bank | Range depends on credit score and salary slab; the bank's own page. |
Mashreq | Standard pricing segment | Conventional | 4.49% (2 yrs); segment range 4.49%–4.74% | 3M EIBOR + 1.75% | Per CBUAE caps (see LTV table) | Check with bank | The Premium tier is no longer listed. |
Bank of Baroda | Salary transfer | Conventional | 4.60% (3 yrs) | 3M EIBOR + 2.00% | Per CBUAE caps (see LTV table) | Check with bank | 4.70% without salary transfer. |
RAKBANK | Salary transfer | Conventional | 4.69% (3 yrs) | 3M EIBOR + 1.69% (+1.94% for some) | Per CBUAE caps (see LTV table) | Check with bank | One 3-year rate for all customers since 5 Oct; Elite and standard tiers withdrawn. |
Rates as of 6 November 2026 — indicative, verify with the bank. Table rows are aggregator-sourced (mortgagecompare.ae, rates as of 2 November) except Al Masraf, which is from the bank's own page. I did not verify individual banks' product pages this cycle.
What Is EIBOR and Why Does It Matter?
EIBOR is the rate UAE banks charge each other, and most variable mortgages are priced as EIBOR plus a fixed margin. As of 6 November 2026, the latest 3-month figure I can source is about 4.28% (Al Masraf's rates page, as of 4 November; mortgagecompare.ae shows 4.32% for the 2 November fixing). Check the Central Bank's published fixing for a binding figure.
Sources disagree on the Central Bank of the UAE Base Rate: earlier editions of this page cited 3.9% from 17 September 2026, while mortgagecompare.ae shows 3.65%. I could not reach the Central Bank's own page this cycle, so check it directly. Either way, the Base Rate does not change the payment on an existing fixed-rate mortgage during its fixed period.
Indicative All-In Variable Rates Today
Spread (from the table above) added to a 3M EIBOR of about 4.28%. Banks priced off 1M or 6M EIBOR are left out. Illustrative arithmetic only, sorted lowest to highest.
Bank / product | Basis | Spread | Indicative all-in today |
Dubai Islamic Bank | 3M EIBOR (~4.28%) | +1.00% | ~5.28% p.a. |
HSBC UAE | 3M EIBOR (~4.28%) | +1.09% | ~5.37% p.a. |
National Bank of Fujairah | 3M EIBOR (~4.28%) | +1.49% | ~5.77% p.a. |
FAB | 3M EIBOR (~4.28%) | +1.50% | ~5.78% p.a. |
RAKBANK | 3M EIBOR (~4.28%) | +1.69% | ~5.97% p.a. |
Commercial Bank of Dubai (below 50% LTV) | 3M EIBOR (~4.28%) | +1.69% | ~5.97% p.a. |
Sharjah Islamic Bank | 3M EIBOR (~4.28%) | +1.75% | ~6.03% p.a. |
Ajman Bank | 3M EIBOR (~4.28%) | +1.75% | ~6.03% p.a. |
Mashreq | 3M EIBOR (~4.28%) | +1.75% | ~6.03% p.a. |
United Arab Bank | 3M EIBOR (~4.28%) | +1.79% | ~6.07% p.a. |
Emirates Islamic | 3M EIBOR (~4.28%) | +1.79% | ~6.07% p.a. |
Rates as of 6 November 2026 — indicative, verify with the bank.
How to Read the Comparison Table
Fixed vs floating — A fixed rate locks your repayment for 1–5 years, then reverts to EIBOR plus the bank's margin.
Islamic vs conventional — Islamic products use a profit rate under Ijara or similar structures; compare total cost, not the label.
DBR — The Central Bank caps total monthly debt payments at 50% of gross salary.
Reducing balance — UAE mortgages are quoted on a reducing balance, the right basis for comparison.
LTV — Loan divided by property value. Expats need at least a 20% down payment on a first completed home under AED 5M, plus the 4% Dubai Land Department transfer fee.
Regulatory LTV Caps
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 |
As of 6 November 2026: regulatory ceilings under the Central Bank mortgage rules, carried over from the previous edition of this page and not re-verified this cycle. Individual banks may apply tighter limits; confirm with the bank.
Who Does Each Option Suit?
Salaried expat, lowest headline — Sharjah Islamic Bank (3.75%) and a group at 3.89–3.99% (United Arab Bank, Arab Bank, CBD, Emirates Islamic, FAB) lead on advertised rate, all with salary transfer.
Tightest variable margin — DIB (EIBOR + 1.00%) and HSBC (EIBOR + 1.09%) show the lowest margins in this table, though DIB's fixed rate has moved up.
Sharia-compliant preference — Sharjah Islamic, ADIB, Emirates Islamic, Ajman, DIB and Al Hilal all list Islamic products; compare reversion margins.
No salary transfer — HSBC lists no salary-transfer requirement for its eligible segments; most others price their best rate on it.
Property over AED 5M or off-plan — Lower LTV caps apply. Budget the full cash outlay and ask each bank about its own limits.
What Changes the Rate You're Offered?
Salary transfer — Often required for the headline rate; without it, the aggregator lists Bank of Baroda at 4.70% against 4.60% with it.
LTV — A lower LTV can improve margin; CBD, for example, prices below 50% LTV more tightly.
Fixed period — Longer fixes usually cost more: Sharjah Islamic goes from 3.75% (1-year) to 4.25% (5-year); HSBC goes from 4.29% (1-year) to 5.75% (5-year).
Employer profile — Banks may price better for preferred employers; ask yours.
EIBOR direction — With 3M EIBOR near 4.3%, the revert rate matters more than it did in summer.
Frequently Asked Questions
Can expats get a mortgage in the UAE?
Yes. Resident expats can generally borrow up to 80% of a completed first home under AED 5M, subject to the 50% DBR cap and each bank's salary requirement. Non-residents face lower LTV and tighter documents.
Is it better to go fixed or floating now?
As of 6 November 2026, 3-month EIBOR is around 4.28%, so a fixed rate removes near-term uncertainty, while floating benefits if rates fall. It is a trade-off and not financial advice.
What fees should I budget beyond the rate?
Expect the 4% Dubai Land Department transfer fee, registration fees, valuation, a bank fee (about 0–0.5% in this table's sources, though some banks charge more) and insurance. Confirm each with the bank.
What does EIBOR + 1.5% mean on AED 1M?
At a 3M EIBOR near 4.28%, EIBOR + 1.50% is roughly 5.78% a year. That is illustrative only; your payment depends on tenor, fees and reset dates.
Which bank has the lowest mortgage rate?
As of 6 November 2026, Sharjah Islamic Bank's 3.75% is the lowest advertised headline I found, but it requires salary transfer and rates move often. Always compare the revert rate too and confirm directly.
Sources & Data Notes
Rates: mortgagecompare.ae rates table (rates as of 2 Nov 2026, EIBOR 2 Nov fixing 4.32%). EIBOR and Al Masraf pricing: Al Masraf's rates page (3M EIBOR 4.28% as of 4 Nov 2026). Official EIBOR fixings and the Base Rate: Central Bank of the UAE EIBOR prices. Most figures are third-party; I could not verify them on the banks' own pages this cycle (Al Masraf excepted).
This is not financial advice. Rates are indicative and change frequently — confirm directly with the bank before acting. Confirm with the bank or a licensed UAE mortgage broker. Angel In Dubai is not affiliated with or paid by any bank listed. See also: Dubai Off-Plan Launches Tracker and UAE Fixed Deposit & Savings Rates.
— Angel Tyagi, angelindubai.com | Researched 6 November 2026 | Next update: ~13 Nov 2026
Rules, fees and deadlines change often. This is a general summary, not legal advice — confirm with the relevant UAE authority before acting.
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