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CredReport by CredMe UAE

CredReport: a document, not a dashboard.

A CredReport is CredMe UAE's written assessment of your mortgage position. You get it at the end of the consultation, prepared the way a private bank would prepare it for a client. It is dated and versioned. You can download it, send it to whoever is buying with you, or take it to any broker or bank in the country.

What is inside

Your position in one sentence

What you can borrow, what the property costs you in cash, and whether the financing cap or your income is the thing limiting you.

The gap most people miss

If you qualify for an 80% mortgage but your income only supports less, the difference has to come from your own cash. We show that gap and explain the regulation behind it.

Every cost on transfer day

Deposit, transfer fee, agency, bank arrangement and mortgage registration, itemised, with each line explaining where the number comes from.

What would change your position

Ranked by what each is worth in dirhams. Reducing a card limit you never use is often worth more than anything else available to you.

Lenders that fit your file

Ranked by fit rather than by rate alone, with the reasoning shown. The cheapest rate is frequently the wrong choice, and we say why.

How stable the payment is

What the monthly figure is exposed to, so a fixed period ending in three years is something you decided on rather than discovered.

A CredReport, in full

Illustrative CredReport · generated using current CredMe intelligenceA synthetic specimen customer, prepared exactly the way a real one is. The figures are illustrative and are not an offer.
A CredMe product
Refinance + equity
15 Oct 2026

Refinance + equity / summary

Your position. Your opportunity.

Prepared for Private client

CredBrain recommendation

You could release AED 300,000, and a better rate absorbs part of the cost.

Moving your existing AED 1,200,000 to 3.75% saves AED 3,477 a month, and the AED 300,000 you take out costs AED 1,594. Net, your payment changes by AED 1,883 a month: the rate saving is paying for part of the release, so the cash is not free.

Recommended mortgageAED 1,510,000
Initial monthly paymentAED 8,054
Property valueAED 2,500,000
Initial lender rate4.10%
Cash payable by youAED 30,579
Debt burden ratio26.7%

The product selected for you

Dubai Islamic Bank

Dubai Islamic Bank, Buyout Equity (Islamic)

3-year fixed rate

Costs less over the 25-year term used for this analysis than the next option, once any rate change after the fixed period is counted. This holds the current rate for the period after any fixed term, because no reversion rate is published for it.

What to keep in view

The released cash has its own cost: about AED 1,594 a month for 25 years, separate from the rate saving on the balance you already owe. That is the number to weigh against what you plan to do with the funds.

Initial monthly payments exclude insurance unless stated separately. Future variable payments can change.

CredMe UAE / Private mortgage counsel1 / 7
A CredMe product
Refinance + equity
15 Oct 2026

Refinance + equity / today

What changes for you today.

Capital available for your objective

AED 300,000

Cash released while you retain ownership, with the property securing the mortgage.

Existing balance
AED 1,200,000
Financed charges included
AED 10,000
Total proposed mortgage
AED 1,510,000
Loan-to-value after
60.4%

Separate the benefit from the commitment

Current monthly payment
AED 9,647
Saving on refinanced debt
AED 3,193
Payment attributable to released cash
AED 1,600
Total new monthly payment
AED 8,054

Cash release is additional borrowing. A larger combined payment can reflect the extra capital received rather than a worse rate.

How your assessed limits fit together

Income-based borrowing capacityAED 3,026,534
Assessed property lending ceilingAED 800,000
Recommended mortgageAED 1,510,000

You can finance AED 1,510,000, you have eligible products, and nothing in your profile is currently holding that figure down.

CredMe UAE / Private mortgage counsel2 / 7
A CredMe product
Refinance + equity
15 Oct 2026

Refinance + equity / pricing

Your fixed period. Your next rate.

Today
4.10%3-year fixed rate
Product-specific pricingAfter the fixed period
Index + contractual margin

Your initial product period

A verified fixed-period comparison is not available in this report record.

New lender · subsequent pricing

The subsequent benchmark, margin and floor are not available in this report record. Confirm them on the lender’s offer.

How to read the variable period

The benchmark can move. The contractual margin and any floor determine the rate applied at a reset. A future payment is an illustration, not a guaranteed saving.

Long-term comparisons use the assumptions in the detailed analysis. They do not replace the product-specific fixed-period assessment.

CredMe UAE / Private mortgage counsel3 / 7
A CredMe product
Refinance + equity
15 Oct 2026

Refinance + equity / lenders

A product that fits your file.

The recommended lender and eligible alternatives retain CredBrain’s original ranking and reasons.

Dubai Islamic Bank

Best suited (provisional) · Best value
Initial rate
4.10%
Initial monthly payment
AED 8,054

The best value among the options you are eligible for. Telling us how long you want your payment fixed, and how long you expect to keep the mortgage, would tailor this further. Provisional until you answer: For how many years would you like your monthly payment fixed? How long do you expect to keep this mortgage before selling or refinancing?

Sharjah Islamic Bank

Lowest initial rate
Initial rate
3.75%
Initial monthly payment
AED 7,763

Lowest initial rate: 3.75% fixed for 1 year, then 1.75% over EIBOR 3 MONTH (floor 3.99%), 5.94% at today's fixing — an assumption, not a forecast; bank fees AED 10,477 (processing 0.52% of the facility = AED 7,852; valuation AED 2,625 flat). The initial rate applies only for its fixed period.

United Arab Bank

Similar eligible option
Initial rate
3.89%
Initial monthly payment
AED 7,879

Costs less over the 25-year term used for this analysis than the next option, once any rate change after the fixed period is counted. This holds the current rate for the period after any fixed term, because no reversion rate is published for it.

Emirates Islamic Bank

Similar eligible option
Initial rate
3.99%
Initial monthly payment
AED 7,962

Costs the same over your term as the next option, with lower verified processing and valuation fees, AED 18,480 on this loan.

Commercial Bank of Dubai

Similar eligible option
Initial rate
3.99%
Initial monthly payment
AED 7,962

Costs the same over your term as the next option, and holds your payment fixed for longer: 3 years that cannot change.

CredMe UAE / Private mortgage counsel4 / 7
A CredMe product
Refinance + equity
15 Oct 2026

Refinance + equity / costs

Cash to prepare. Charges financed.

Cash payable by you

AED 30,579

The amount you fund around completion, separate from charges settled between lenders.

Financed through the new mortgage

AED 10,000

The new bank pays the existing bank’s early settlement charge and adds it to your total mortgage. You do not need to pay this charge upfront. It is repaid through the facility and is not waived. Confirm the final loan includes any financed charges.

Mortgage registration

AED 3,775

Customer cash

government verified

DLD mortgage transfer/registration service card, checked 10 Oct 2026.

Trustee office fee

AED 4,200

Customer cash

government verified

DLD mortgage transfer/registration service card, checked 10 Oct 2026.

Title deed issuance

AED 250

Customer cash

government verified

DLD mortgage transfer/registration service card, checked 10 Oct 2026.

Property valuation

AED 2,500

Customer cash

bank tariff

Charged by Dubai Islamic Bank.

Knowledge and innovation fees

AED 20

Customer cash

government verified

AED 10 knowledge fee and AED 10 innovation fee per title deed, DLD service card.

Early settlement (outgoing bank)

AED 10,000

Financed / lender settlement

bank tariff

1% of the balance being redeemed, capped at AED 10,000. Founder confirmation (Om), 2026-08-08, applies across all banks.

Liability letter (outgoing bank)

AED 53

Customer cash

market assumption

Founder confirmation (Om), 2026-08-08, outgoing bank, varies by lender. AED 50–85 plus 5% VAT, varying by lender.

Range: AED 53 to AED 89

Bank processing fee

AED 19,781

Customer cash

bank tariff

1.31% charged by Dubai Islamic Bank.

Total transaction charges: AED 40,579. Some charges are estimates; confirm the final schedule.

CredMe UAE / Private mortgage counsel5 / 7
A CredMe product
Refinance + equity
15 Oct 2026

Refinance + equity / analysis

The evidence behind the recommendation.

The equity you would release

You would take AED 300,000 out of your property.

Your mortgage goes from AED 1,200,000 to AED 1,510,000, and you receive the difference in cash. That is 60.4% of what the property is worth, against 48.0% today.

Property value
AED 2,500,000
Mortgage today
AED 1,200,000
New facility
AED 1,510,000
Cash released to you
AED 300,000

What the cash actually costs

The money you release costs about AED 1,594 a month.

Your payment overall changes by AED 1,883 a month, but that single figure hides two things happening at once: moving your existing AED 1,200,000 to 3.75% saves you AED 3,477 a month, and the new AED 300,000 costs AED 1,594. The rate saving is paying for part of the release. The release is not free.

Payment today
AED 9,647
New payment
AED 7,763
Net change
AED 1,883
Saving from the new rate
AED 3,477
Cost of the released cash
AED 1,594
Current rate
5.25%
New rate
3.75%

Resulting position

Your income supports the larger mortgage.

You would owe AED 1,510,000 over 25 years, against AED 1,200,000 over 15 years today. Your income supports up to AED 3,026,534.

New facility
AED 1,510,000
Borrowing your income supports
AED 3,026,534
Term today
15 years
New term
25 years

What it could buy

The AED 300,000 you could release may be enough to fund the deposit on a property of around AED 750,000.

A second property is financed up to 60%, so the released cash would cover the 40% deposit. The mortgage on top of it would still have to fit within your income, and that is the limit worth checking before committing to anything.

Cash released
AED 300,000
Deposit required on a second property
40%
Property price that deposit supports
AED 750,000

Costs

Arranging it would cost approximately AED 32,852.

There is no property transfer fee. Ownership does not change hands. These are the costs of settling one mortgage and putting another in place.

Long-term financing illustration

Current remaining term
15 years
New repayment term
25 years
Current remaining interest
AED 536,376
New interest plus switching charges
AED 946,763
Total cost difference · positive means lower cost
AED -410,387

These full-term figures retain the source comparison’s rate assumptions. They are not a forecast of future variable rates. For refinance + equity, the whole-facility comparison includes the cost of additional borrowing; the fixed-period panel separates the existing debt.

Three ways to restructure

The existing strategy illustrations separate lifetime cost, monthly cash flow and access to capital. Their rate assumptions are not a forecast of future variable rates.

Same-term refinance · monthly saving
AED 636
Extended term · monthly cash-flow reduction
AED 3,193
Cash-release strategy · cash received
AED 300,000
Cash-release strategy · new payment
AED 8,054

You came to release capital, and AED 300,000 is available while restructuring at the lower rate: your new payment is AED 8,054 a month, of which about AED 1,600 is the cost of the cash. If your priority is instead the lowest interest cost, refinancing the balance on your current 15-year term saves about AED 83,821 over the term. A CredMe Advisor can validate live terms and confirm which structure best matches your objective.

The same capital, different repayment structures

Mortgage equity paymentAED 1,600
Illustrative personal loan paymentAED 7,254

Mortgage: 4.10% over 25 years. Personal-loan assumption: 7.50% over 4 years. A smaller payment is not proof of lower lifetime cost; this personal-loan rate is an illustration, not an offer.

Your modelled mortgage balance

Month 0AED 1,510,000
Month 12AED 1,474,602
Month 24AED 1,437,726
Month 36AED 1,399,309

Modelled values from the existing projection record, subject to its rate assumptions.

CredMe UAE / Private mortgage counsel6 / 7
A CredMe product
Refinance + equity
15 Oct 2026

Refinance + equity / next

Move forward with a clear next step.

CredBrain’s view

This is two decisions. Refinancing the existing balance on your current 15 years is the lower lifetime-cost move: it lowers the monthly payment and the total. Extending the term lowers the monthly further, at a higher lifetime cost, if cash flow matters more to you. Releasing the AED 300,000 is the separate objective this refinance achieves: worth doing if that cash is worth AED 1,594 a month for 25 years to you, which is the one only you can answer.

The next step is to see which lenders would support a release of this size on your profile.

See my lender options →

Conditions that matter

For how many years would you like your monthly payment fixed?

How long do you expect to keep this mortgage before selling or refinancing?

Some costs are shown as a range because no verified figure was available for your emirate or lender. The total could land anywhere inside it.

Every figure here rests on the property value you gave us. A bank valuation below it would reduce what you can borrow and raise your loan-to-value.

Your income is as you stated it. A lender will assess it from documents, and a different assessed figure changes what you can borrow.

The rate is the one available today on the panel. It is not an offer, and it can move before you complete.

Eligibility here is modelled from lender criteria. The lender underwrites and decides, and can decline for reasons no model sees.

The property's lending limit is what caps this, not your income, at 80% of AED 2,500,000, AED 800,000 is the most additional equity this property can release beyond your current mortgage balance.

Prepared from your report record. All figures are indicative and subject to lender assessment and a formal offer. Property value, income, product availability and interest rates can change.

CredMe UAE / Private mortgage counsel7 / 7

How it is produced

Every figure is calculated from dated policy records: Central Bank of the UAE lending limits, current transfer costs, and lender criteria. The document records which policy version produced it, so any number in it can be traced back to the rule behind it.

No language model calculates anything. It explains what the engine produced, and nothing more.

What it costs, and what it leaves behind

FreeThere is no charge for the consultation or the document
No credit checkWe draw no bureau data at any point
No footprintNothing appears on your credit file
Nothing sentNo lender sees it unless you ask us to send it

Your position changes as your file changes. Reduce a card limit, get a pay rise, look at a different property, and the answer moves. Come back and we will reissue it, free, as often as you like.

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