UAE Mortgage Rates & EIBOR

These are the starting rates CredMe holds for each kind of borrower, with the date the mortgage intelligence behind them was published. A starting rate is the lowest figure in that published data for that borrower type, on the condition shown beside it, and it is not a quote for your own situation.

Loading CredMe’s published mortgage rates.

The date shown is a publication date. It says when CredMe published the data, not when a lender set or changed its price, and it is not today’s date. Those are three different facts, and only the first one is something we can state.

Because there is no single borrower. The rate a lender offers depends on what you earn and how you earn it, whether you are a resident, which property you are buying, how much you are borrowing against its value, and what you already owe. Two people with the same salary regularly receive different offers, for reasons that are visible in the file rather than in the advertised rate.

That is why the figures above are separated by borrower type instead of averaged into one number. An average across kinds of borrower would describe nobody, and the person it would mislead most is the one furthest from the middle.

EIBOR is the interbank benchmark that variable UAE mortgage rates are priced from. These are the latest one month, three month and six month figures CredMe has published, and each is dated by the fixing it comes from, not by today’s date and not by the date the mortgage rates above were published.

Loading the latest published EIBOR.

Figures credited to the Central Bank of the UAE are its validated official fixing. Where CredMe has published the benchmark itself, it is labelled as CredMe’s published benchmark instead. How EIBOR affects a UAE mortgage explains the benchmark in full.

A variable rate has two parts: an EIBOR tenor, plus the lender’s own margin. The margin is set in your offer and stays put. The EIBOR part moves, so your payment moves with it.

A fixed rate does not follow EIBOR while the fixed period runs. The part most people miss is what happens when it ends: where the offer says the rate reverts to a variable rate, that rate is EIBOR plus the margin written into the same offer. The reversion margin is worth reading before you sign, because it is the rate you will spend most of the term on.

This is also why lenders stress test. Central Bank regulation requires the affordability test to be run at two to four percentage points above the current rate, and where an introductory rate applies, against the rate that takes over once it ends. Your file has to work at the higher number, not the headline one.

Put in an amount, a rate and a term, and this works out the monthly repayment. It is arithmetic on your figures, nothing more: it does not decide what you could borrow, it does not recommend a product, and it asks you for nothing.

For the full picture, including what your income and commitments actually support, run the CredMe mortgage calculator. If you already have a mortgage and are wondering whether to move it, refinancing in the UAE sets out when switching is worth it and what a switch costs covers the charges.

Eligibility is where pricing starts: how much of your income a lender counts, and how much of it is already committed. Your debt burden ratio caps the payment you can carry, and loan to value caps the property side. Between them they usually decide the answer before any rate is discussed.

After that it is the shape of your income and your residency. Self-employed applicants are assessed on what the business can be shown to earn, and non-residents face different limits again. Both change the pricing you see, which is why the figures above are split that way.

The rate figures are read from CredMe’s published mortgage intelligence each time the page loads, and none is written into the page. They show the starting rate held for each kind of borrower, with the conditions attached, and they carry the date that data was published. Mortgage pricing depends on the borrower, the property and the product, so what a lender offers you may differ. Nothing here is an offer of finance or a rate quote.

The EIBOR figures come from CredMe’s published benchmark, dated by the fixing they come from and credited to the Central Bank of the UAE only where the published value is its validated official fixing. What EIBOR is and who administers it come from the Central Bank’s EIBOR regulations; the stress test comes from its mortgage regulations. Both were opened and read on the dates shown below.

• CBUAE Rulebook: Regulations Regarding Mortgage Loans, Article (3): Important Ratios (C 31/2013, in force, consolidated 08/04/2020), last reviewed 2026-08-16
• Central Bank of the UAE: Regulations Regarding Emirates Interbank Offered Rate (EIBOR) Submissions (effective 15 April 2018, amended 6 May 2020), last reviewed 2026-09-14

Indicative guidance only. Not a formal offer of finance, not a rate quote and not a forecast. Each lender sets its own margins and terms, and every figure depends on full underwriting. CredMe is not a bank and cannot approve or decline a mortgage. See our disclaimer.

• How EIBOR Affects a UAE Mortgage

  What EIBOR is, who publishes the official fixing, how variable and fixed then variable UAE mortgages are priced from it, and the latest published EIBOR with its fixing date.

• Mortgage Refinance UAE

  Whether moving your UAE mortgage is worth it, what switching actually costs, and when staying with your current bank is the better answer.

• What decides whether you can get a mortgage in the UAE

  How UAE lenders decide what you can borrow: income, existing commitments, residency, employment type and the property itself. Understand your position before you approach a bank.

• How LTV Works on a UAE Mortgage

  What loan to value means on a UAE mortgage: what the ratio is measured against, which cap applies to which buyer and property, and why the regulatory maximum is an outer limit rather than an offer.