United Arab Bank Mortgage Review UAE 2026
United Arab Bank (UAB) offers straightforward mortgage products with transparent pricing. Current 1 and 2-year fixed rates are 4.99% p.a., 3-year fixed is 5.49%. Variable rate post-period is EIBOR + 1.79%. UAB has been offering home finance since July 2024 with Full Doc policy. The bank is licensed across UAE with DXB, SHJ, AJM, RAK and FUJ coverage.
UAB Mortgage Rates (2026)
| Rate Type | Rate | Notes |
|---|---|---|
| Fixed Rate (1-year STL) | From 3.99% p.a. | STL; effective Feb 2025 |
| Fixed Rate (3-year STL) | From 4.19% p.a. | STL; effective Feb 2025 |
| Variable Rate (EIBOR-linked) | EIBOR + 1.79% (Islamic) / EIBOR+1.89% (Non-Islamic) | Follow-on rate |
UAB 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 | No |
UAB Mortgage Eligibility
| Criteria | Requirement |
|---|---|
| Minimum monthly salary | AED 15,000/- (Joint applicants - Co borrower should have minimum 10K salary) |
| Minimum employment tenure | 6 months and confirmed |
| Maximum age at maturity | Age at Loan / Finance maturity can go up to and not exceed 65 years. |
| Maximum loan tenure | 25 |
| Minimum loan amount | 500000 |
| Maximum loan amount | 15000000 |
| AECB credit score | No minimum score required, However, no defaults/delinquency history |
Best For
Borrowers seeking straightforward pricing with no-tier structure
About United Arab Bank
| Detail | Information |
|---|---|
| Established | Not publicly disclosed |
| Headquartered | Sharjah, UAE |
| Total Assets | AED 15 billion+ |
| Product Type | Conventional & Islamic |
Frequently Asked Questions
Which emirates does UAB cover?
UAB covers DXB (Dubai), SHJ (Sharjah), AJM (Ajman), RAK (Ras Al Khaimah), and FUJ (Fujairah) in addition to Abu Dhabi.
What are the current UAB mortgage rates?
UAB's current rates (effective Jul 2024 onwards): 1-year fixed 4.99%; 2-year fixed 4.99%; 3-year fixed 5.49%. Variable rate post fixed period: EIBOR + 1.79%.
Which emirates does UAB cover?
UAB covers DXB (Dubai), SHJ (Sharjah), AJM (Ajman), RAK (Ras Al Khaimah), and FUJ (Fujairah) in addition to Abu Dhabi.
Compare live mortgage rates from UAB and all major UAE banks at our UAE Mortgage Rates page — updated daily.
Compare UAB with Other Lenders
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Also see: All UAE Banks | Bank Comparisons | Mortgage Calculator
United Arab Bank (UAB) Mortgage Review
United Arab Bank (UAB) offers straightforward mortgage products with transparent pricing. Current 1 and 2-year fixed rates are 4.99% p.a., 3-year fixed is 5.49%. Variable rate post-period is EIBOR + 1.79%. UAB has been offering home finance since July 2024 with Full Doc policy. The bank is licensed across UAE with DXB, SHJ, AJM, RAK and FUJ coverage.
UAB 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
UAB Mortgage FAQs
Which emirates does UAB cover?
UAB covers DXB (Dubai), SHJ (Sharjah), AJM (Ajman), RAK (Ras Al Khaimah), and FUJ (Fujairah) in addition to Abu Dhabi.
What are the current UAB mortgage rates?
UAB's current rates (effective Jul 2024 onwards): 1-year fixed 4.99%; 2-year fixed 4.99%; 3-year fixed 5.49%. Variable rate post fixed period: EIBOR + 1.79%.
Which emirates does UAB cover?
UAB covers DXB (Dubai), SHJ (Sharjah), AJM (Ajman), RAK (Ras Al Khaimah), and FUJ (Fujairah) in addition to Abu Dhabi.
Eligibility Criteria
Best For
Borrowers seeking straightforward pricing with no-tier structure