Best Mortgage Rates in UAE For Foreigner
We are partnered with all the major banks in UAE. Your mortgage is the biggest expense in your life, so you deserve to get the best deal.
Commercial Bank of Mortgage Loan
- Average Bank BalanceMonthly AED 25,000
- Loan TypeConventional/Islamic
- Maximum Term 25 Years
- 2 Years 5.75%
- 3 Years5.24%
- 5 Years5.24%
- Fixed Period
- Interest Rate
Main Features / Benefits
Profit Rates & Charges:
Reducing Rate (as advertised): 4.99% p.a. (fixed for 3 year)
Flat Rate: 3.10% p.a. (calculated as per 25 years tenure)
Processing Fees: 0.525% of the finance amount (MInimum AED 5,250), Nil for buyout
Property valuation Fees: AED 3,150 (50% waiver on disbursement)
Early Settlement Fees: 1% of Outstanding Loan or AED10,000 (whichever is lower)
Partial Settlement Fees: Flexibility to repay up to 15% of your outstanding balance per annum without penalties
Finance Requirements:
Minimum Income Requirement:
- For salaried AED 12,000
- For self-employed AED 20,000
Minimum Length of Service Required: 6 months for salaried; 3 years for self-employed
Salary Transfer: Not Compulsory, but there is an interest rate discount if you transfer your salary
Minimum Down payment:
- For first property (If property price < AED 5M): 20% for Expats
- For first property (If property price > AED 5M): 35% for Expats
- For second property: 40% for Expats
Key Details:
Maximum Finance Amount: AED 20,000,000
Islamic Finance: Yes
Maximum Term: 25 Years
Finance available for: All Ready Villas or apartments registerable with Lands department and for approved off plan properties
Takaful (Compulsory):
Life Insurance: 0.01167% of the finance amount per month
Property Insurance: 0.04% per annum
HSBC Bank Mortgage Loan
- Average Bank BalanceMonthly AED 25,000
- Loan TypeConventional
- Maximum Term 25 Years
- 2 Years 5.65%
- 3 Years 5.49%
- 5 Years 5.75%
- Fixed Period
- Interest Rate
Dubai Islamic Bank understands that one of the greatest joys is to own or build your dream home. Al Islami Home Finance offers you a range of options to suit your specific needs. DIB offer financing for residential and commercial properties. It also offers refinancing options for customers who may already own a property or are availing of a mortgage with another institution. Major Advantage: High finance amount
Main Features / Benefits
Profit Rate & Charges:
Profit Rate: Starting from 4.99% p.a. fixed for 1 year (reducing rate)
Flat Rate: 3.01% p.a
Processing Fees: 0% for buyout Cases
Early Settlement Fees: 1% of outstanding amount (Max cap AED 10,000)
Finance Requirements:
Minimum Salary Requirement: AED 10,000 for UAE Nationals, AED 12,000 for Expats
Minimum Length of Service Required: 6 months for salaried
Salary Transfer: Not compulsory.
Minimum Downpayment: 20% (Fee Financing also possible)
Key Details:
Maximum Finance Amount: AED 50,000,000
Islamic Finance: Yes
Maximum Term: 25 years
Finance Available For: Any ready property which can be registered in the name of the customer in the relevant authority (across UAE).
Takaful – Insurance (Compulsory):
Life Takaful: 0.36% per annum (on outstanding balance)
Property Takaful: 0.03% per annum of property value
ADIB Bank Mortgage Loan
- Average Bank BalanceMonthly AED 25,000
- Loan TypeIslamic
- Maximum Term 25 Years
- 2 Years 4.8%
- 3 Years 4.8%
- 5 Years 4.8%
- Fixed Period
- Interest Rate
Dubai Islamic Bank understands that one of the greatest joys is to own or build your dream home. Al Islami Home Finance offers you a range of options to suit your specific needs. DIB offer financing for residential and commercial properties. It also offers refinancing options for customers who may already own a property or are availing of a mortgage with another institution. Major Advantage: High finance amount
Main Features / Benefits
Profit Rate & Charges:
Profit Rate: Starting from 4.99% p.a. fixed for 1 year (reducing rate)
Flat Rate: 3.01% p.a
Processing Fees: 0% for buyout Cases
Early Settlement Fees: 1% of outstanding amount (Max cap AED 10,000)
Finance Requirements:
Minimum Salary Requirement: AED 10,000 for UAE Nationals, AED 12,000 for Expats
Minimum Length of Service Required: 6 months for salaried
Salary Transfer: Not compulsory.
Minimum Downpayment: 20% (Fee Financing also possible)
Key Details:
Maximum Finance Amount: AED 50,000,000
Islamic Finance: Yes
Maximum Term: 25 years
Finance Available For: Any ready property which can be registered in the name of the customer in the relevant authority (across UAE).
Takaful – Insurance (Compulsory):
Life Takaful: 0.36% per annum (on outstanding balance)
Property Takaful: 0.03% per annum of property value
Dubai Islamic Bank Mortgage Loan
- Average Bank BalanceMonthly AED 25,000
- Loan TypeIslamic
- Maximum Term 25 Years
- 2 Years 4.8%
- 3 Years 4.8%
- 5 Years 4.8%
- Fixed Period
- Interest Rate
Dubai Islamic Bank understands that one of the greatest joys is to own or build your dream home. Al Islami Home Finance offers you a range of options to suit your specific needs. DIB offer financing for residential and commercial properties. It also offers refinancing options for customers who may already own a property or are availing of a mortgage with another institution. Major Advantage: High finance amount
Main Features / Benefits
Profit Rate & Charges:
Profit Rate: Starting from 4.99% p.a. fixed for 1 year (reducing rate)
Flat Rate: 3.01% p.a
Processing Fees: 0% for buyout Cases
Early Settlement Fees: 1% of outstanding amount (Max cap AED 10,000)
Finance Requirements:
Minimum Salary Requirement: AED 10,000 for UAE Nationals, AED 12,000 for Expats
Minimum Length of Service Required: 6 months for salaried
Salary Transfer: Not compulsory.
Minimum Downpayment: 20% (Fee Financing also possible)
Key Details:
Maximum Finance Amount: AED 50,000,000
Islamic Finance: Yes
Maximum Term: 25 years
Finance Available For: Any ready property which can be registered in the name of the customer in the relevant authority (across UAE).
Takaful – Insurance (Compulsory):
Life Takaful: 0.36% per annum (on outstanding balance)
Property Takaful: 0.03% per annum of property value
Mashreq Bank Mortgage Loan
- Average Bank BalanceMonthly AED 25,000
- Loan TypeConventional/Islamic
- Maximum Term 25 Years
- 2 Years 4.99%
- 3 Years 4.99%
- 5 Years 4.99%
- Fixed Period
- Interest Rate
Dubai Islamic Bank understands that one of the greatest joys is to own or build your dream home. Al Islami Home Finance offers you a range of options to suit your specific needs. DIB offer financing for residential and commercial properties. It also offers refinancing options for customers who may already own a property or are availing of a mortgage with another institution. Major Advantage: High finance amount
Main Features / Benefits
Profit Rate & Charges:
Profit Rate: Starting from 4.99% p.a. fixed for 1 year (reducing rate)
Flat Rate: 3.01% p.a
Processing Fees: 0% for buyout Cases
Early Settlement Fees: 1% of outstanding amount (Max cap AED 10,000)
Finance Requirements:
Minimum Salary Requirement: AED 10,000 for UAE Nationals, AED 12,000 for Expats
Minimum Length of Service Required: 6 months for salaried
Salary Transfer: Not compulsory.
Minimum Downpayment: 20% (Fee Financing also possible)
Key Details:
Maximum Finance Amount: AED 50,000,000
Islamic Finance: Yes
Maximum Term: 25 years
Finance Available For: Any ready property which can be registered in the name of the customer in the relevant authority (across UAE).
Takaful – Insurance (Compulsory):
Life Takaful: 0.36% per annum (on outstanding balance)
Property Takaful: 0.03% per annum of property value
Emirates Islamic Bank Mortgage Loan
- Average Bank BalanceMonthly AED 25,000
- Loan TypeIslamic
- Maximum Term 25 Years
- 2 Years 4.69%
- 3 Years 4.79%
- 5 Years 4.79%
- Fixed Period
- Interest Rate
It combines your current account, interest savings and mortgage facility to provide a single, easy-to-manage solution with a range of benefits. Major Advantage: Higher is your deposit in your current account; lower is your interest rate
Main Features / Benefits
Main Features:
- This finance is a combination of current account and Home Finance
- Home in One is ideal for anyone who is buying home for self-use or investment
- Every deposit you make in your current account lowers your interest payment reducing your loan tenure
- You can withdraw your balance at any point in time
- Interest is calculated on your daily balance, reducing the effective rate of interest
- There is a monthly fee of AED 25
Interest Rates & Charges:
Reducing Rate (as advertised): Starting from 4.80% p.a.
Processing Fees: 0.525% finance amount (Nil for Buyout)
Property Valuation Fees: AED 1942.50
Early Settlement Fees: 1% of outstanding amount or AED 10,000 (whichever is lower)
Partial Settlement Fees: 25% per year of capital balance without penalty
Financial Requirements:
Minimum Salary Requirement: AED 15,000
Minimum Length of Service Required: 6 months for salaried & 2 years for self-employed
Salary Transfer: Not compulsory.
Minimum Down payment:
- For first property (If property price < AED 5M): 20% for UAE national, 20% for Expats
- For first property (If property price > AED 5M): 30% for UAE national, 35% for Expats
- For second property: 35% for UAE national, 40% for Expats
Fee Financing: Up to 4.5% of the fees financed, same rate and term of the mortgage
Key Details:
Islamic Finance: No
Maximum Term: 25 years
Finance available for: Ready properties in Dubai, Abu Dhabi & Ras Al Khaimah. Under construction properties only in Dubai
Insurance (Compulsory):
Life Insurance: 0.0242% per month (on outstanding balance)
Property Insurance: 0.035% p.a.
RAK Bank Mortgage Loan
- Average Bank BalanceMonthly AED 25,000
- Loan TypeIslamic
- Maximum Term 25 Years
- 2 Years 4.8%
- 3 Years 4.8%
- 5 Years 4.8%
- Fixed Period
- Interest Rate
It combines your current account, interest savings and mortgage facility to provide a single, easy-to-manage solution with a range of benefits. Major Advantage: Higher is your deposit in your current account; lower is your interest rate
Main Features / Benefits
Main Features:
- This finance is a combination of current account and Home Finance
- Home in One is ideal for anyone who is buying home for self-use or investment
- Every deposit you make in your current account lowers your interest payment reducing your loan tenure
- You can withdraw your balance at any point in time
- Interest is calculated on your daily balance, reducing the effective rate of interest
- There is a monthly fee of AED 25
Interest Rates & Charges:
Reducing Rate (as advertised): Starting from 4.80% p.a.
Processing Fees: 0.525% finance amount (Nil for Buyout)
Property Valuation Fees: AED 1942.50
Early Settlement Fees: 1% of outstanding amount or AED 10,000 (whichever is lower)
Partial Settlement Fees: 25% per year of capital balance without penalty
Financial Requirements:
Minimum Salary Requirement: AED 15,000
Minimum Length of Service Required: 6 months for salaried & 2 years for self-employed
Salary Transfer: Not compulsory.
Minimum Down payment:
- For first property (If property price < AED 5M): 20% for UAE national, 20% for Expats
- For first property (If property price > AED 5M): 30% for UAE national, 35% for Expats
- For second property: 35% for UAE national, 40% for Expats
Fee Financing: Up to 4.5% of the fees financed, same rate and term of the mortgage
Key Details:
Islamic Finance: No
Maximum Term: 25 years
Finance available for: Ready properties in Dubai, Abu Dhabi & Ras Al Khaimah. Under construction properties only in Dubai
Insurance (Compulsory):
Life Insurance: 0.0242% per month (on outstanding balance)
Property Insurance: 0.035% p.a.
FAB Bank Mortgage Loan
- Average Bank BalanceMonthly AED 25,000
- Loan TypeConventional/Islamic
- Maximum Term 25 Years
- 2 Years 5.24%
- 3 Years 5.24%
- 5 Years 5.24%
- Fixed Period
- Interest Rate
It combines your current account, interest savings and mortgage facility to provide a single, easy-to-manage solution with a range of benefits. Major Advantage: Higher is your deposit in your current account; lower is your interest rate
Main Features / Benefits
Main Features:
- This finance is a combination of current account and Home Finance
- Home in One is ideal for anyone who is buying home for self-use or investment
- Every deposit you make in your current account lowers your interest payment reducing your loan tenure
- You can withdraw your balance at any point in time
- Interest is calculated on your daily balance, reducing the effective rate of interest
- There is a monthly fee of AED 25
Interest Rates & Charges:
Reducing Rate (as advertised): Starting from 4.80% p.a.
Processing Fees: 0.525% finance amount (Nil for Buyout)
Property Valuation Fees: AED 1942.50
Early Settlement Fees: 1% of outstanding amount or AED 10,000 (whichever is lower)
Partial Settlement Fees: 25% per year of capital balance without penalty
Financial Requirements:
Minimum Salary Requirement: AED 15,000
Minimum Length of Service Required: 6 months for salaried & 2 years for self-employed
Salary Transfer: Not compulsory.
Minimum Down payment:
- For first property (If property price < AED 5M): 20% for UAE national, 20% for Expats
- For first property (If property price > AED 5M): 30% for UAE national, 35% for Expats
- For second property: 35% for UAE national, 40% for Expats
Fee Financing: Up to 4.5% of the fees financed, same rate and term of the mortgage
Key Details:
Islamic Finance: No
Maximum Term: 25 years
Finance available for: Ready properties in Dubai, Abu Dhabi & Ras Al Khaimah. Under construction properties only in Dubai
Insurance (Compulsory):
Life Insurance: 0.0242% per month (on outstanding balance)
Property Insurance: 0.035% p.a.
United Arab Bank Mortgage Loan
- Average Bank BalanceMonthly AED 25,000
- Loan TypeIslamic
- Maximum Term 25 Years
- 2 Years 5.49%
- 3 Years 5.49%
- 5 Years 5.99%
- Fixed Period
- Interest Rate
It combines your current account, interest savings and mortgage facility to provide a single, easy-to-manage solution with a range of benefits. Major Advantage: Higher is your deposit in your current account; lower is your interest rate
Main Features / Benefits
Main Features:
- This finance is a combination of current account and Home Finance
- Home in One is ideal for anyone who is buying home for self-use or investment
- Every deposit you make in your current account lowers your interest payment reducing your loan tenure
- You can withdraw your balance at any point in time
- Interest is calculated on your daily balance, reducing the effective rate of interest
- There is a monthly fee of AED 25
Interest Rates & Charges:
Reducing Rate (as advertised): Starting from 4.80% p.a.
Processing Fees: 0.525% finance amount (Nil for Buyout)
Property Valuation Fees: AED 1942.50
Early Settlement Fees: 1% of outstanding amount or AED 10,000 (whichever is lower)
Partial Settlement Fees: 25% per year of capital balance without penalty
Financial Requirements:
Minimum Salary Requirement: AED 15,000
Minimum Length of Service Required: 6 months for salaried & 2 years for self-employed
Salary Transfer: Not compulsory.
Minimum Down payment:
- For first property (If property price < AED 5M): 20% for UAE national, 20% for Expats
- For first property (If property price > AED 5M): 30% for UAE national, 35% for Expats
- For second property: 35% for UAE national, 40% for Expats
Fee Financing: Up to 4.5% of the fees financed, same rate and term of the mortgage
Key Details:
Islamic Finance: No
Maximum Term: 25 years
Finance available for: Ready properties in Dubai, Abu Dhabi & Ras Al Khaimah. Under construction properties only in Dubai
Insurance (Compulsory):
Life Insurance: 0.0242% per month (on outstanding balance)
Property Insurance: 0.035% p.a.
Ajman Bank Mortgage Loan
- Average Bank BalanceMonthly AED 25,000
- Loan TypeIslamic
- Maximum Term 25 Years
- 2 Years 4.8%
- 3 Years 4.8%
- 5 Years 4.8%
- Fixed Period
- Interest Rate
It combines your current account, interest savings and mortgage facility to provide a single, easy-to-manage solution with a range of benefits. Major Advantage: Higher is your deposit in your current account; lower is your interest rate
Main Features / Benefits
Main Features:
- This finance is a combination of current account and Home Finance
- Home in One is ideal for anyone who is buying home for self-use or investment
- Every deposit you make in your current account lowers your interest payment reducing your loan tenure
- You can withdraw your balance at any point in time
- Interest is calculated on your daily balance, reducing the effective rate of interest
- There is a monthly fee of AED 25
Interest Rates & Charges:
Reducing Rate (as advertised): Starting from 4.80% p.a.
Processing Fees: 0.525% finance amount (Nil for Buyout)
Property Valuation Fees: AED 1942.50
Early Settlement Fees: 1% of outstanding amount or AED 10,000 (whichever is lower)
Partial Settlement Fees: 25% per year of capital balance without penalty
Financial Requirements:
Minimum Salary Requirement: AED 15,000
Minimum Length of Service Required: 6 months for salaried & 2 years for self-employed
Salary Transfer: Not compulsory.
Minimum Down payment:
- For first property (If property price < AED 5M): 20% for UAE national, 20% for Expats
- For first property (If property price > AED 5M): 30% for UAE national, 35% for Expats
- For second property: 35% for UAE national, 40% for Expats
Fee Financing: Up to 4.5% of the fees financed, same rate and term of the mortgage
Key Details:
Islamic Finance: No
Maximum Term: 25 years
Finance available for: Ready properties in Dubai, Abu Dhabi & Ras Al Khaimah. Under construction properties only in Dubai
Insurance (Compulsory):
Life Insurance: 0.0242% per month (on outstanding balance)
Property Insurance: 0.035% p.a.