Find the Best Mortgage Rates in Dubai & UAE

Compare Top 10 Home Loan Interest Rate in Dubai, Abu Dhabi, Sharjah, UAE

At MoneyMall , Our Mortgage Experts review and Compare
Mortgage rates and Home loans in Dubai & UAE on all parameters
like processing fees/arrangement fees, Early repayment fees,
Land Department, Property Registration charges, other associate fees
and much more to help you plan and save money on your dream home purchase.

 
 
 
 
 
 
 
 

First-time Home buyer Mortgage

Our Mortgage Advisers will help you in finding best home loan deals for first-time buyers, Will also guide you about extra costs like Property registration fees, Insurance fees and legal costs.

Home Mortgage Loan Balance Transfer

Save money by transferring your high cost mortgage loans. Find out all about how to switch your Home loan to a different bank or lender and reduce your repayments or finish your loan early.

We Compare more than 20 Lenders to find the best mortgage rate deal for you.

ADIB Mortgage
Abu Dhabi Islamic Bank
fab logo first abu dhabi bank
First Abu Dhabi Bank
Mashreq Bank
Mashreq Bank

Because you deserve the best.

  • First Home Mortgage finance offers starts from 2.49% p.a.* 
  • Refinance/Cash Against Property Options are Available for UAE Nationals & Expats 
  • Best Land finance & Home Loan options for UAE Nationals

Top 10 Mortgage rates in Dubai & UAE for April 2023

*Starting Interest rates are offered for an Initial Period of time to qualified borrowers according to the promotional policies of the bank or mortgage lender                                           *Mortgage rates in UAE are subject to change anytime as per the discretion of the bank/lender, Please double check the Final Rates in your Facility offer letter before signing the Agreements.

* BANK / MORTGAGE LENDER INTEREST RATE MINIMUM SALARY REQUIREMENT  MAXIMUM    LOAN AMOUNT ISLAMIC 
1 FAB Mortgage Loan   2.49%
 (Reducing Rate
Fixed for 1 year)
15,000 AED AED 20,000,000 NO
2 Standard Chartered Bank Mortgage Loan 1.49% + 3M EIBOR
(reducing rate)
10,000 AED AED 18,000,000 NO
3 RAKBANK Home in One Mortgage Loan 1.99% + 3M EIBOR (reducing rate) 15,000 AED AED 20,000,000 NO
4 CBD Mortgage Loan for Expats 3.99%
 (reducing rate)
12,000 AED AED 10,000,000 NO
5 United Arab Bank Home Finance  3.69%
(reducing rate)
15,000 AED AED 10,000,000 NO
6 Mortgage for Self Employed 3.31%
(reducing rate)
20,000 AED AED 10,000,000 NO
7 SCB Home Finance
 for Self Employed
3.97%
 (reducing rate)
50,000 AED AED 10,000,000 NO
* ISLAMIC HOME FINANCE PROVIDERS Profit Rate MINIMUM SALARY REQUIREMENT  MAXIMUM FINANCE AMOUNT ISLAMIC
8 ADIB Home Finance 3.25%
(reducing rate)
10,000 AED AED 15,000,000 YES
9 DIB Home Finance 3.24% 
(reducing rate)
12,000 AED AED 50,000,000 YES
10 Emirates Islamic Manzili Home Finance 3.49%
(reducing rate)
15,000 AED AED 20,000,000 YES
MORTGAGE IN UAE
checkout the best mortgage rates in dubai

Compare All Mortgage Offers from UAE Market for Home Loans

Frequently Asked Questions about Mortgage in UAE

Fixed rate Mortgage in UAE

Its a Mortgage Loan with an interest rate that stays the same for a set period. Your repayments are the same every month and you don’t need to worry about fluctuations in interest rates or EIBOR

Variable rate Mortgage 

In Variable Interest rates scheme your Mortgage rate in UAE get adjusted periodically, which means repayments installments will change throughout the loan term. Usually, the interest rate changes in relation to another rate called EIBOR or lenders banks own base rate in Dubai

EIBOR is the abbreviation of The Emirates Interbank Offered Rate,  EIBOR is a daily reference rate, published by the UAE Central Bank, based on the averaged interest rates at which UAE banks offer to lend unsecured funds to other banks in the United Arab Emirates dirham wholesale money market

Read About New EIBOR System

What is EIBOR Rate Today?

there is no specific cutoff score to avail mortgage in UAE but You have to manage your credit score at the best levels to get better mortgage deals. if you have a good credit score, so it’s worth making sure that your credit report is as good as it can be before applying for a mortgage. Steps like paying off any outstanding borrowed credit you owe will help to improve your credit score.

You can check your loan installment using our Mortgage Calculator for Dubai & UAE Mortgages 

Mortgage Calculator

If you are a Salaried UAE Resident, Following Documents may be required to Apply for a Mortgage in UAE:

  • Copy of valid passport with a valid residence visa for Expatriates and National ID for Nationals (original required for verification)
  • Copy of labor contract
  • Original Salary Certificate less than 45 days old providing details on length of employment, current designation and salary package OR
  • Last three months pay slips (if applicable)
  • Last 6 months bank statements reflecting salary credits
  • Liability letter less than 30 days old reflecting borrowings with the bank to which your salary is transferred
  • Originals of property details including the
    • Quote/Offer Letter from the seller,
    • Sale and Purchase agreement,
    • Title Deed and Site Plan
    • Receipts of the down payment made to the seller

A list of documents required for a mortgage from Self-Employed UAE Residents may include below:

  • Copy of valid passport with a valid residence visa for Expatriates and National ID for Nationals (original required for verification)
  • Business related documentation (originals required for verification)
    • Copy of trade license
    • Copy of Chamber of Commerce Registration
    • Copy of Partnership Page in case of multiple partners
    • Copy of Memorandum/Articles of Association
    • Original Audited Financials for the last 2 years
    • Copy of Labor Contract
  • Last 12 months Business Account Statements (6 months is acceptable but not preferred)
  • Last 6 months Personal Account Statements
  • Originals of property details including the
    • Quote/Offer Letter from the seller,
    • Sale and Purchase agreement,
    • Title Deed and Site Plan
    • Receipts of down payment made to the seller