MORTGAGE & HOME LOANS

    Dubai Mortgage Calculator

    & UAE Home Loan Guide

    Calculate your monthly repayments instantly. Then read our complete guide to getting a mortgage in Dubai, rates, banks, LTV ratios, and everything expats need to know.

    Mortgage Calculator

    Finance Tools

    Mortgage Calculator

    AED 2,000,000
    AED 300KAED 50M
    20% (AED 400,000)
    5%80%
    4.5%
    1%12%
    25 years
    5 yrs25 yrs

    Monthly Payment

    AED 8,893

    per month

    Loan Amount

    AED 1,600,000

    Total Interest

    AED 1,067,996

    Total Payment

    AED 2,667,996

    Down Payment (%)

    AED 400,000

    * This calculator provides estimates only and does not constitute financial advice. Actual rates and terms may vary by bank. UAE Central Bank regulations require a minimum 20% down payment for expats (15% for UAE nationals) on properties under AED 5M.

    Complete Guide to Dubai Mortgages

    Who Can Get a Mortgage in Dubai?

    Both UAE residents and non-residents (expats living abroad) can get a mortgage in Dubai. Residents typically qualify for LTV ratios of 75-80%, while non-residents are limited to 50-65%. Banks that lend to non-residents include Emirates NBD, ADCB, ENBD, Mashreq, and Dubai Islamic Bank. Minimum property value is typically AED 1,000,000 for non-resident financing.

    Current UAE Mortgage Rates (2026)

    UAE mortgage rates are either fixed or variable (linked to EIBOR, the Emirates Interbank Offered Rate). Fixed rates for 1-5 years typically range from 3.99% to 5.49% p.a. Variable rates follow EIBOR + 1.5-2.5%. Most borrowers opt for a fixed rate for the first 3-5 years for predictability. Islamic (Murabaha/Ijara) mortgages are also available and structurally competitive.

    Down Payment Requirements

    UAE regulations (CBUAE): For properties under AED 5M, residents need 20% down (first home), 30% for investment. Non-residents need 25-35%. For properties over AED 5M, 30% (residents) and 35-40% (non-residents). Off-plan mortgages typically require 50% down or a construction-linked payment plan. Developer financing can reduce initial cash requirements.

    Required Documents

    Salaried: passport, visa (residents), Emirates ID, 3-6 months bank statements, salary slips, employment letter. Self-employed: same + 2 years audited financial statements, trade licence. Non-residents: passport, 6 months home-country bank statements, proof of income, credit report from home country. Some banks also require a UAE credit report if you have any prior UAE financial history.

    Costs to Budget For

    Beyond the down payment: Arrangement fee (0.5-1% of loan), DLD registration fee (0.25% of loan value), property valuation fee (AED 2,500-3,500), property insurance (0.1-0.2%/year), life insurance (required by some banks, 0.1-0.3%/year), and legal fees (AED 5,000-10,000 for mortgage deed). Budget approximately 3-5% of property value for total transaction costs.

    Mortgage Timeline

    Pre-approval: 2-5 business days (after submitting documents). Formal approval: 7-14 days (after property valuation is done). Bank transfer to seller/DLD: 1-2 days after approval. Total from application to transfer: typically 3-5 weeks for ready properties. Off-plan mortgages may take longer as they depend on construction milestones.

    Banks

    Top Banks for Dubai Mortgages

    Emirates NBD

    From 3.99%

    Market leader, strong expat program

    ADCB

    From 4.25%

    Competitive rates, fast approval

    Mashreq

    From 4.10%

    Good for self-employed

    Dubai Islamic Bank

    From 4.05%

    Sharia-compliant Islamic finance

    Abu Dhabi Commercial Bank

    From 4.30%

    Strong non-resident program

    HSBC UAE

    From 4.15%

    International clients, premium service

    * Rates as of 2026. Terms depend on borrower profile and property type.

    FAQ

    Frequently Asked Questions

    Can I get a mortgage in Dubai as an expat or non-resident?
    Yes. UAE banks lend to both resident expats and non-residents living abroad. Residents can borrow up to 80% LTV (first home under AED 5M). Non-residents are limited to 50-65% LTV and need a minimum property value of AED 1,000,000. Banks like Emirates NBD, ADCB, and HSBC have specific non-resident mortgage programs.
    What is the current mortgage rate in Dubai?
    As of 2026, Dubai mortgage rates range from approximately 3.99% to 5.49% p.a. for fixed-rate products (1-5 year fix). Variable rates are linked to EIBOR (currently ~5%) plus a bank margin of 1.5-2.5%. The total effective rate for variable mortgages is typically 6.5-7.5% p.a. Fixed rates offer more certainty for the initial term.
    How much deposit do I need for a Dubai mortgage?
    UAE Central Bank rules: 20% minimum for residents buying their first home under AED 5M (80% LTV). 25-35% for non-residents on the same property value. 30% for residents buying an investment property. For properties over AED 5M, the minimum deposit is 30% (residents) or 35-40% (non-residents).
    What documents do I need to apply for a UAE mortgage?
    Salaried applicants need: passport, 3-6 months bank statements, last 3 salary slips, and employer letter. Self-employed need 2 years of audited accounts and trade licence. Non-residents add a credit report and income proof from their home country. All documents typically need to be within 3 months of application.
    Is it better to get a fixed or variable rate mortgage in Dubai?
    Fixed rates (typically 3.99-5.49% for 1-5 years) give payment certainty and protect against rate rises. Variable rates (linked to EIBOR) can be lower when rates fall but create uncertainty. Most financial advisors recommend fixing for the first 3-5 years, especially for primary residences where budget certainty matters.
    Can I get a mortgage for an off-plan property in Dubai?
    Off-plan mortgages are available but less common. Most buyers of off-plan use developer payment plans (typically 40-60% during construction + 40-60% on handover). Some banks offer construction-linked mortgages that release funds at milestones. The minimum LTV is typically 50%, requiring a 50% down payment.
    How long does it take to get mortgage approval in Dubai?
    Pre-approval (also called approval-in-principle): 2-5 business days with complete documents. Full formal approval after property valuation: 7-14 days. The entire process from application to fund transfer typically takes 3-5 weeks for ready properties.
    What are all the costs involved in getting a Dubai mortgage?
    Down payment (20-35% of property value) + DLD transfer fee (4% of property value, typically split buyer/seller) + DLD mortgage registration fee (0.25% of loan) + bank arrangement fee (0.5-1% of loan) + property valuation (AED 2,500-3,500) + insurance. Total transaction cost beyond purchase price: approximately 3-5% of property value.

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