EIBOR (Emirates Interbank Offered Rate) is a UAE dirham benchmark published by the Central Bank of the UAE. A variable mortgage may use a specified EIBOR tenor plus a lender margin, subject to its reset schedule and any rate floor.

How does a EIBOR rate change affect my mortgage payment?

On a variable-rate mortgage, the effect of an EIBOR movement depends on the contract's benchmark tenor, margin, floor, remaining balance, term and reset date. Use the calculator to model an assumed change, then confirm the lender's calculation.

Is a fixed rate or variable rate better in a rising EIBOR environment?

A fixed period can provide payment certainty for the period and a variable rate can move at contractual review dates. Compare the lender's current illustration, term, fees and post-fixed reset terms for your circumstances.

What is the current EIBOR rate in the UAE?

EIBOR changes over time. Mortigo only displays a current fixing when the freshness-qualified public EIBOR record is available, with its Central Bank value date and source.

EIBOR Impact Calculator

EIBOR Impact Calculator — How Rate Changes Affect Your UAE Mortgage

If your variable-rate UAE mortgage uses EIBOR, a change can affect repayments at the contractual review date. Use this calculator to model an assumed movement; your lender's benchmark tenor, margin, floor and reset terms control the actual result.

What Is EIBOR and Why Does It Matter?

EIBOR (Emirates Interbank Offered Rate) is a UAE dirham benchmark published by the Central Bank of the UAE. Some variable mortgages use a specified EIBOR tenor plus a lender margin, subject to the contract's reset schedule and any rate floor. A current freshness-qualified 3-month EIBOR value is not available at present, so Mortigo is not displaying a current fixing or a calculated variable-rate example. Check the Central Bank's EIBOR rates page (https://www.centralbank.ae/en/forex-eibor/eibor-rates/) and your lender's documents before making a decision.

The impact and timing depend on the benchmark tenor, contractual reset schedule, margin, any floor, balance and remaining term. Check the lender's documentation and request a revised repayment illustration where appropriate.

Current EIBOR reference

A current freshness-qualified EIBOR reference is unavailable, so no current fixing or derived rate is displayed. Check the Central Bank of the UAE EIBOR rates page and your lender documentation.

Fixed vs Variable — Which Is Better?

A fixed-rate UAE mortgage protects you from EIBOR movements for the fixed period (typically 1, 2, or 3 years). After the fixed period, it reverts to variable. If you expect EIBOR to fall, variable rates allow you to benefit. If you expect rates to stay high or rise, locking in a fixed rate provides payment certainty.

WhatsApp +971 50 729 7196 to speak with a Mortigo advisor about fixed and variable options from participating lenders.