UAE Mortgage Rates 2026 — Best Home Loan Rates from Major Banks
Mortigo compares current mortgage rates from 15+ UAE banks to help you find the best home loan rate available. Rates are updated regularly by our advisors who have direct access to live bank rate sheets.
Current UAE Mortgage Rates (March 2026)
| Rate Type | Starting Rate | Fixed Period | After Fixed Period |
|---|---|---|---|
| Fixed (1 year) | From 3.5% p.a. | 12 months | EIBOR + 1.5–2.0% |
| Fixed (2 years) | From 3.6% p.a. | 24 months | EIBOR + 1.5–2.0% |
| Fixed (3 years) | From 3.7% p.a. | 36 months | EIBOR + 1.5–2.0% |
| Fixed (5 years) | From 3.9% p.a. | 60 months | EIBOR + 1.5–2.0% |
| Variable (EIBOR) | EIBOR + 1.5% | None | Adjusts quarterly |
| Islamic Fixed | From 3.8% p.a. | 12–36 months | EIBOR-linked |
Note: Rates shown are indicative starting rates for salaried employees with strong credit profiles. Your actual rate will vary based on bank, LTV, employment type, and salary. Contact Mortigo for a personalised rate comparison.
UAE Bank Mortgage Rates Comparison
| Bank | Best Fixed Rate | Type | Notes |
|---|---|---|---|
| Emirates NBD | From 3.5% | Conventional | Salary transfer required for best rate |
| ADCB | From 3.5% | Conventional | Competitive for GCC-based employers |
| FAB | From 3.6% | Conventional | Wide nationality acceptance |
| ADIB | From 3.8% | Islamic | Best Islamic rates in UAE |
| CBD | From 3.6% | Conventional | Competitive for mid-range salaries |
| DIB | From 3.8% | Islamic | Strong Islamic home finance offering |
| Mashreq | From 3.5% | Conventional | Fast processing, digital application |
| RAKBANK | From 3.7% | Conventional | Competitive for lower loan amounts |
What Affects Your UAE Mortgage Rate?
- Loan-to-Value (LTV): Lower LTV means better rate. 60% LTV gets a better rate than 80% LTV.
- Employment type: GRE (government-related entity) employees get the best rates; private sector and self-employed rates are slightly higher.
- Salary transfer: Transferring your salary to the lending bank typically reduces your rate by 0.1–0.3%.
- Loan amount: Higher loan amounts often qualify for better rates.
- Credit history: Clean credit history (no defaults, no bounced cheques) is essential for the best rates.
- Fixed period: Longer fixed periods typically come with slightly higher initial rates.
Fixed Rate vs Variable Rate — Which is Better in UAE?
Fixed rate: Your monthly payment stays the same during the fixed period regardless of EIBOR movements. Best if you want payment certainty or expect rates to rise.
Variable rate: Your payment changes as EIBOR moves. Best if EIBOR is falling or you plan to sell or refinance before the next rate cycle.
Most UAE mortgage borrowers choose a 1-3 year fixed period, then reassess at renewal. Mortigo advisors help you choose the best structure for your circumstances.
What is EIBOR?
EIBOR (Emirates Interbank Offered Rate) is the UAE's benchmark interest rate, similar to LIBOR in the UK. UAE variable rate mortgages are typically priced as EIBOR + a fixed margin (e.g., EIBOR + 1.75%). EIBOR is published daily by the UAE Central Bank and adjusts quarterly on most mortgages.
Calculate Your Mortgage Repayments
Use our free mortgage calculator to estimate your monthly repayments based on the current UAE rates above.
Get Your Personalised Rate Quote
The rates above are indicative. Your actual rate depends on your specific profile, the bank, and current market conditions. Mortigo's advisors can provide you with firm rate offers from multiple banks based on your actual situation.
Phone & WhatsApp: +971 50 729 7196 | Email: info@mortigo.ae
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Mortgage Rate Types in the UAE
Understanding your options is the first step to securing the best deal. Here's what's available across major UAE banks.
Fixed Rate Mortgages
Lock in your rate for 1–5 years. Predictable monthly payments, ideal for budgeting and stability.
Best for: Homeowners who want payment certainty
Variable Rate Mortgages
Rates linked to EIBOR (Emirates Interbank Offered Rate). Lower starting rates with potential for savings.
Best for: Buyers comfortable with market fluctuations
Offset Mortgages
Your savings balance offsets your outstanding loan, reducing interest charges. Available at select banks.
Best for: High-savings borrowers wanting flexibility
EIBOR Rate History
Historical EIBOR benchmark rates. Toggle tenors and adjust the date range below. Variable-rate mortgages are priced as EIBOR + bank margin.
How Mortigo Gets You the Best Rate
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Understanding EIBOR
The Emirates Interbank Offered Rate (EIBOR) is the benchmark rate used by UAE banks for variable-rate mortgages. Your mortgage rate is typically EIBOR plus a fixed margin set by the bank.
EIBOR fluctuates based on economic conditions, monetary policy, and global interest rate trends. When EIBOR drops, your variable-rate mortgage payment decreases — and vice versa.
Rates shown are indicative and subject to bank approval. Your actual rate depends on your profile, property value, and LTV ratio. Mortigo helps you navigate these variables to secure the most competitive offer.
Current EIBOR Rates
| Tenor | Rate (% p.a.) |
|---|---|
| Overnight | |
| 1 Week | |
| 1 Month | |
| 3 Months | |
| 6 Months | |
| 1 Year |
Source: UAE Central Bank (centralbank.ae) · EIBOR is the Emirates Interbank Offered Rate, published on UAE business days.