Commercial Bank of Dubai (CBD) vs Mashreq Bank — UAE Mortgage Comparison

Commercial Bank of Dubai (CBD) and Mashreq Bank are prominent mid-tier UAE banks that often offer competitive mortgage rates to attract customers. While they have smaller market share than ENBD or FAB, their mortgage products can offer excellent value, particularly for salaried expats. This comparison shows you where each bank excels.

CategoryCommercial Bank of Dubai (CBD)Mashreq Bank
Best fixed rate (salaried)3.69% (1-year fixed)3.59% (1-year fixed)
Best variable rateEIBOR + 1.89%EIBOR + 1.85%
Maximum LTV (expat)75%75%
Maximum tenure25 years25 years
Minimum salaryAED 10,000AED 15,000
Processing fee1% of loan amount1% of loan amount (negotiable)
Pre-approval speed2-4 business days1-2 business days
Buyout/refinancingAvailableStrong buyout program
Emirates coverageDubai focusDubai, Abu Dhabi, Sharjah
Self-employedAvailableAvailable (selective)

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Verdict

Mashreq offers better rates, faster processing, and a strong mortgage buyout program, making it excellent for refinancing. CBD's lower salary threshold and more accessible self-employed terms make it a solid choice for first-time buyers with moderate incomes. Both provide competitive alternatives to the bigger banks.

Bank Profiles

Read the full mortgage review for each bank to understand their rates, eligibility criteria, and product range:

Also see: All UAE Mortgage Banks | More Bank Comparisons | Mortgage Calculator

Commercial Bank of Dubai (CBD) vs Mashreq Bank

Commercial Bank of Dubai (CBD) and Mashreq Bank are prominent mid-tier UAE banks that often offer competitive mortgage rates to attract customers. While they have smaller market share than ENBD or FAB, their mortgage products can offer excellent value, particularly for salaried expats. This comparison shows you where each bank excels.

2
Commercial Bank of Dubai (CBD) wins
2
Ties
6
Mashreq Bank wins
Best fixed rate (salaried)
Commercial Bank of Dubai (CBD)3.69% (1-year fixed)
Mashreq Bank3.59% (1-year fixed)
Best variable rate
Commercial Bank of Dubai (CBD)EIBOR + 1.89%
Mashreq BankEIBOR + 1.85%
Maximum LTV (expat)
Commercial Bank of Dubai (CBD)75%
Mashreq Bank75%
Maximum tenure
Commercial Bank of Dubai (CBD)25 years
Mashreq Bank25 years
Minimum salary
Commercial Bank of Dubai (CBD)AED 10,000
Mashreq BankAED 15,000

CBD accepts lower salaries

Processing fee
Commercial Bank of Dubai (CBD)1% of loan amount
Mashreq Bank1% of loan amount (negotiable)

Mashreq sometimes waives or reduces fees

Pre-approval speed
Commercial Bank of Dubai (CBD)2-4 business days
Mashreq Bank1-2 business days

Mashreq has faster digital processing

Buyout/refinancing
Commercial Bank of Dubai (CBD)Available
Mashreq BankStrong buyout program
Emirates coverage
Commercial Bank of Dubai (CBD)Dubai focus
Mashreq BankDubai, Abu Dhabi, Sharjah
Self-employed
Commercial Bank of Dubai (CBD)Available
Mashreq BankAvailable (selective)

Verdict

Mashreq offers better rates, faster processing, and a strong mortgage buyout program, making it excellent for refinancing. CBD's lower salary threshold and more accessible self-employed terms make it a solid choice for first-time buyers with moderate incomes. Both provide competitive alternatives to the bigger banks.

Choose Commercial Bank of Dubai (CBD) if...

Lower salary thresholds and self-employed

Choose Mashreq Bank if...

Best rates, fast processing, refinancing

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