Emirates NBD Mortgage Review UAE 2026
Emirates NBD is the UAE's largest bank by total assets and one of the most popular choices for home mortgages. Formed from the 2007 merger of Emirates Bank International and National Bank of Dubai, ENBD offers a comprehensive range of conventional mortgage products with competitive fixed and variable rates. With the widest branch and ATM network in the UAE, ENBD is particularly strong for Dubai property purchases and offers fast digital pre-approval.
ENBD Mortgage Rates (2026)
| Rate Type | Rate | Notes |
|---|---|---|
| Fixed Rate (1-year) | From 3.49% p.a. | Available for salaried employees with salary transfer |
| Fixed Rate (3-year) | From 3.79% p.a. | Popular option for medium-term rate security |
| Fixed Rate (5-year) | From 4.09% p.a. | Long-term rate certainty |
| Variable Rate (EIBOR-linked) | EIBOR + 1.99% | Follow-on rate post fixed period |
| Islamic (Diminishing Musharaka) | From 3.79% equiv. | Via Emirates Islamic subsidiary |
| Non-resident mortgage | From 4.49% p.a. | For overseas investors purchasing UAE property |
| Fixed Rate (2-year STL) | From 3.89% p.a. | STL; salary < AED 50k: 0.15% PF; salary > AED 50k: Nil PF |
| Fixed Rate (3-year STL) | From 3.99% p.a. | STL; effective Oct 2025 |
| Fixed Rate (5-year STL) | From 4.69% p.a. | STL; 0.25% processing fee |
ENBD Fees & Terms
| Fee / Term | Details |
|---|---|
| Processing Fee | 1.0% of loan amount (min AED 5,000) |
| Early Settlement Fee | 1.0% of outstanding balance (max AED 10,000) |
| Maximum Loan Tenure | 25 years |
| Conventional Mortgage Available | Yes |
| Islamic / Sharia Finance Available | Yes |
ENBD Mortgage Eligibility
| Criteria | Requirement |
|---|---|
| Minimum monthly salary | Single: AED 15000 Joint applicants: AED 25k joint salary with main applicant salary as minimum AED 15k |
| Minimum age | 21 years |
| Maximum age at maturity | UAE National & Expats: 65 years For 70 years: 1. Employer should be ALE, Forbes 2000 & Deemed ALE 2. Employer letter stating ustomer’s retirement age is 70 years or No Retirement Age 3. Current age should be less than 50 years 4. DBR to be at 50% |
| Maximum LTV (expats) | 75% (properties under AED 5M) |
| Maximum LTV (UAE nationals) | 80% (properties under AED 5M) |
| Minimum employment tenure | ALE: 1 month (no confrimation required) + 3 years previous employment details Non ALE: 6 months (but must prove upto 3 years employment) For any gap in employment, deviation approval is taken. |
| Maximum loan tenure | 25 |
| Minimum loan amount | 250000 |
| Accepted nationalities | UAE nationals, GCC nationals, and expats with UAE residency |
| Maximum loan amount | 25,000,000 (30M by exception) |
| AECB credit score | 541 |
ENBD Pros
- Lowest fixed mortgage rates among major UAE banks — consistently competitive at 3.49% for 1-year fixed
- Widest branch and ATM network in the UAE — convenient for in-person support
- Fastest pre-approval in the market — typically 2-3 business days
- Comprehensive product range: home purchase, refinancing, equity release, and off-plan
- Strong digital banking platform (Emirates NBD app) for mortgage management
- Salary transfer not mandatory (but earns better rates)
ENBD Cons
- Higher minimum salary requirement (AED 15,000) than some competitors
- Processing fees (1% of loan amount) are standard but not waivable
- Variable rates are competitive but not the lowest in the market
- Islamic financing is offered through subsidiary Emirates Islamic, not directly
Best For
Borrowers seeking the best fixed mortgage rates in Dubai, particularly salaried employees at major UAE employers
About Emirates NBD
| Detail | Information |
|---|---|
| Established | 2007 (merger of Emirates Bank International & National Bank of Dubai) |
| Headquartered | Dubai, UAE |
| Total Assets | AED 755 billion+ |
| Product Type | Conventional & Islamic |
Frequently Asked Questions
What is the current Emirates NBD mortgage rate?
Emirates NBD's best fixed mortgage rate starts from 3.49% p.a. for a 1-year fixed period, available to salaried employees. Variable rates are EIBOR + 1.75% after the fixed period.
How long does Emirates NBD mortgage approval take?
Emirates NBD typically provides pre-approval within 2-3 business days. Full mortgage approval takes 5-10 business days, one of the fastest in the market.
Can expats get an Emirates NBD mortgage?
Yes. Expats with UAE residency and a minimum monthly salary of AED 15,000 can apply. Expats can borrow up to 75% LTV on properties under AED 5 million.
Does Emirates NBD offer Islamic mortgage products?
Emirates NBD offers conventional mortgages. Sharia-compliant financing is available through its subsidiary Emirates Islamic, which offers Diminishing Musharaka and Murabaha structures.
Compare live mortgage rates from ENBD and all major UAE banks at our UAE Mortgage Rates page — updated daily.
Compare ENBD with Other Lenders
Use Mortigo to compare Emirates NBD against 15+ UAE banks. Apply once and get matched with your best mortgage offer. Apply now.
- Compare: Emirates Nbd Vs Adib
- Compare: Fab Vs Emirates Nbd
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- Compare: Emirates Nbd Vs Dib
Also see: All UAE Banks | Bank Comparisons | Mortgage Calculator
Emirates NBD Mortgage Review
Emirates NBD is the UAE's largest bank by total assets and one of the most popular choices for home mortgages. Formed from the 2007 merger of Emirates Bank International and National Bank of Dubai, ENBD offers a comprehensive range of conventional mortgage products with competitive fixed and variable rates. With the widest branch and ATM network in the UAE, ENBD is particularly strong for Dubai property purchases and offers fast digital pre-approval.
ENBD Mortgage Rates (2026)
Rates are indicative as of 2026 and subject to individual bank credit assessment. Contact Mortigo for personalised rate quotes.
Pros & Cons
Pros
Cons
ENBD Mortgage FAQs
What is the current Emirates NBD mortgage rate?
Emirates NBD's best fixed mortgage rate starts from 3.49% p.a. for a 1-year fixed period, available to salaried employees. Variable rates are EIBOR + 1.75% after the fixed period.
How long does Emirates NBD mortgage approval take?
Emirates NBD typically provides pre-approval within 2-3 business days. Full mortgage approval takes 5-10 business days, one of the fastest in the market.
Can expats get an Emirates NBD mortgage?
Yes. Expats with UAE residency and a minimum monthly salary of AED 15,000 can apply. Expats can borrow up to 75% LTV on properties under AED 5 million.
Does Emirates NBD offer Islamic mortgage products?
Emirates NBD offers conventional mortgages. Sharia-compliant financing is available through its subsidiary Emirates Islamic, which offers Diminishing Musharaka and Murabaha structures.
Eligibility Criteria
Best For
Borrowers seeking the best fixed mortgage rates in Dubai, particularly salaried employees at major UAE employers