Mortgage Calculator Dubai, UAE

Calculate your mortgage

Property Value:

AED

Down Payment:

%

Interest Rate:

%

Loan Period:

Year

Processing Fee:

%

Things to check before getting a home loan in Dubai

  • Understand interest rates and pick the right one.
  • Apart from loan amount and interest rates, compare fees & charges like arrangement fees, early settlement fees, etc.
  • Get pre-approval before making down payment.
  • Don’t put all the savings on the down payment.
  • Make sure you have enough money for additional costs like registration fees, land department fees, etc.
  • Don’t skip home insurance.
  • Use a home loan calculator and calculate your approximate monthly installments.

How to check your affordability for a house in Dubai?

  • Check whether you can afford 20%-25% of the property value as down payment.
  • Check do you have enough funds to bear additional expenses.
  • Check your DBR. It should be less than 40%.
  • Check do you have a good credit score, that should be above 700.

Tips for first-time home buyers in Dubai

  • Make sure you can afford 20%-25% down payment.
  • Banks don’t provide loan for additional fees.
  • Save for processing fees.
  • Don’t get a house for more than what you afford.
  • Check the interest rates properly.
  • Get pre-approval before the property hunt.

Why you should calculate your home mortgage?

In the UAE, the maximum tenure provided for a home mortgage is 25 years. To make payments for so long planning in prior is necessary. This clearly explains why it is important to calculate the home mortgage before getting it.

  • Get approximate monthly costs.
  • Plan monthly expenses beforehand.
  • Know how much downpayment is required.
  • Understand how long it will take to repay the loan.
  • Compare different home loan products interest rates.

Minimum Salary

Interest Rate

Loan Amount

Reducing Rate

Select Bank

Min Salary

Interest/Profit Rate

Other Filters

CLEAR

RAKBANK Home in One

flat rate Flat Rate

1.92%

minimum salary Minimum Salary

AED 15K

reducing rate Reducing Rate

3.49%

max amount Max Loan Amount

AED 18000K

early settlement fee Early Settlement Fee

1%

arrangement feeArrangement Fee

1%

Advantages

  • Free debit card
  • Free cheque book
  • Avail pre approval on low charges
View All Loans

Features

  • A single account is provided for the mortgage payments that can be used as a current account
  • The interest rate will not be constant. It will be reduced depending on the monthly deposits
  • Both UAE Nationals and Expats can avail Home in One loan
  • Quick and hassle-free documentation
  • Minimum salary of AED 15000 is required
  • Fixed rate of 1.92% is charged for the Home in One loan
  • The loan is provided for an interest rate of 3.49% on reducing rate basis
  • Salary transfer is not mandatory
  • Finance is provided on the maximum tenure of 25 years
  • Processing fees of 1% are applicable
  • Maximum finance of AED 18000000 is provided bbhh
  • For Expats down payment of 25% is required and for UAE Nationals down payment of 20% is required
  • 1% of the loan amount is charged as early settlement fees
  • Interest rates are based on EIBOR
  • Maintain a single account for current account and mortgage payments, Make higher monthly deposits to reduce interest rates and loan tenure, Can get approval in-principle details without any additional charges , Get a free debit card and checkbook to access the current account , Can use Home in One loan to buy out the existing loan at other banks , Joint account holders can avail Home in One loan, Avail Internet and Mobile banking facilities to check payments flow

View details on bank page

Emirates NBD Home Loan for UAE National

flat rate Flat Rate

2.2%

minimum salary Minimum Salary

AED 10K

reducing rate Reducing Rate

3.99%

max amount Max Loan Amount

AED 15000K

early settlement fee Early Settlement Fee

1%

arrangement feeArrangement Fee

1%

Advantages

  • Get pre-approved facility
  • Low insurance charges
  • High finance
View All Loans

Features

  • Approval In principle is provided
  • Minimum salary of AED 10000 is required
  • Home Finance is provided at a fixed interest rate of 2.2%
  • Home Finance is provided on a reducing interest rate of 3.99%
  • Salary transfer to Emirates NBD account is not required
  • The loan is provided for a maximum tenure of 25 years
  • Both life insurance and property insurance is mandatory
  • 1% of the total loan amount is charged as processing fees
  • Maximum loan amount provided is AED 15000000
  • 20% of the property value should be paid as the down payment
  • 1% of outstanding loan amount is charged on early settlement
  • High finance is provided , Low down payment requirement , Low rates on property insurance and life insurance , Can know the approved loan amount in prior , Salary transfer is not mandatory , Hassle free documentation

View details on bank page

Emirates NBD Home Loan for Self employed UAE Nationals

flat rate Flat Rate

2.2%

minimum salary Minimum Salary

AED 20K

reducing rate Reducing Rate

3.99%

max amount Max Loan Amount

AED 15000K

early settlement fee Early Settlement Fee

1%

arrangement feeArrangement Fee

1%

View All Loans
  • Minimum salary of AED 20000 is required
  • Home Finance is provided at a fixed interest rate of 2.2%
  • Home Finance is provided on a reducing interest rate of 3.99%
  • You are required to transfer your income to Emirates NBD for this finance.
  • The loan is provided for a maximum tenure of 25 years
  • Both life insurance and property insurance is mandatory
  • 1% of the total loan amount is charged as processing fees
  • Maximum loan amount provided is AED 15000000
  • 20% of the property value should be paid as the down payment
  • 1% of outstanding loan amount is charged on early settlement
  • High finance is provided , Self-employed individuals are eligible , Low down payment requirement , Low rates on property insurance and life insurance , Can know the approved loan amount details in prior , Very quick loan approval

View details on bank page

CBD Ijarah Home Lease for UAE Nationals

flat rate Flat Rate

2.2%

minimum salary Minimum Salary

AED 20K

reducing rate Reducing Rate

3.99%

max amount Max Loan Amount

AED 15000K

early settlement fee Early Settlement Fee

1%

arrangement feeArrangement Fee

1%

View All Loans

Features

  • For salaried people between 21 and 65 years of age are eligible to apply for this scheme
  • For self-employed people between 21 and 70 years of age(at loan maturity) are eligible to apply for this scheme
  • For the salaried individual minimum length of service of 6 months is required and for self-employed individual minimum work experience of 3 years in business
  • For salaried individuals 3 months bank statement is required and for self-employed individuals, original 12 months company and personal bank statement is required to be submitted
  • Minimum salary of AED 20,000 is required
  • Provides financing at an interest rate of 3.99%
  • The reduction rate and the flat rate is 3.99% and 2.2%. This denotes that the computation done was a division of the reduction rate by 1.813.
  • Finance up to AED 15,000,000
  • Required to put 20% down payment for this finance
  • Early settlement fee is 1% of the outstanding loan amount
  • Refinance your ready property to get easy access to liquidity , Can invest in under construction property , You get repayment period up to 25 years, You get to repay up to 15% of your Outstanding loan every year without paying any additional charges or fees , You get dedicated Staff to assist you further, 0% processing fee on Buyouts

View details on bank page

Abu Dhabi Finance Essence Fixed Home Loan- Dubai and Abu Dhabi properties only

flat rate Flat Rate

2.2%

minimum salary Minimum Salary

AED 10K

reducing rate Reducing Rate

3.99%

early settlement fee Early Settlement Fee

2%

arrangement feeArrangement Fee

1%

Advantages

  • One payment holiday every year
  • Salary transfer not required
  • Quick approval
View All Loans

Features

  • Maximum finance provided depends on your financial status
  • Only UAE Nationals are eligible
  • Minimum salary of AED 10000 is required
  • Home Finance is provided at a fixed interest rate of 2.2%
  • Home Finance is provided on a reducing interest rate of 3.99%
  • Salary transfer is not required
  • Both life insurance and property insurance is compulsory
  • 1% of the total loan amount is charged as processing fees
  • The loan is provided for a maximum tenure of 25 years
  • 20% of the property value should be paid as the down payment
  • 2% of outstanding loan amount is charged on early settlement
  • Provides high finance amount , Customised solutions are provided to the customers , Hassle free documentation , Quick approval , Salary transfer is not required

View details on bank page

Amlak Finance Amlak Ijarah

flat rate Flat Rate

4%

minimum salary Minimum Salary

AED 15K

reducing rate Reducing Rate

7.25%

max amount Max Loan Amount

AED 10000K

early settlement fee Early Settlement Fee

1%

arrangement feeArrangement Fee

1%

Advantages

  • Salary transfer is not mandatory
  • Get pre approval
  • Can avail buyout facility
View All Loans

Features

  • Follows Islamic banking principles
  • Minimum salary of AED 15000 is required
  • Home Finance is provided at a fixed interest rate of 4%
  • Home Finance is provided on a reducing interest rate of 7.25%
  • Salary transfer is optional
  • Maximum loan amount provided is AED 250,000
  • 1% of the total loan amount is charged as processing fees
  • The loan is provided for a maximum tenure of 25 years
  • 20% of the property value should be paid as the down payment
  • Provides loan for both commercial and residential properties 1% of outstanding loan amount is charged on early settlement
  • Follows Islamic banking laws , No salary transfer is required , Low-profit rates, Can get pre-approval details , Provides loan for commercial properties also, Buyout loan facility is available , Quick and hassle free documentation

View details on bank page

CBD Mortgage Loans for Expats

flat rate Flat Rate

2.2%

minimum salary Minimum Salary

AED 20K

reducing rate Reducing Rate

3.99%

max amount Max Loan Amount

AED 10000K

early settlement fee Early Settlement Fee

1%

arrangement feeArrangement Fee

1%

View All Loans

Features

  • Ready Villas or apartments registrable with Lands department
  • Age limit to apply for the loan for UAE Nationals between 21 and 65 years of age (at the time of loan maturity) and for Expats between 21 and 60 years of age (at the time of loan maturity)
  • For the salaried individual minimum length of service of 6 months is required and for the self-employed individual Minimum length of 3 years in business
  • For salaried individuals 3 months bank statement is required and for self-employed individuals, original 12 months company and personal bank statement is required to be submitted
  • Minimum salary of AED 20,000 is required
  • The mortgage loan is provided at an interest rate of 3.99%
  • The reduction rate is 3.99%
  • It is not mandatory to transfer your salary
  • It is mandatory to have Life and Property Insurance before applying for this finance
  • Finance up to AED 10,000,000
  • Required to put 25% down payment for this finance
  • The early settlement fee is 1% of the outstanding amount to date
  • The reduction rate and the flat rate is 3.99% and 2.2%. This denotes that the computation done was a division of the reduction rate by 1.813.
  • Loan available to both salaried and self-employed individuals, Finance for ready villas and apartments, Finance repayment period of up to 20 years for expats, Deferment facility - Max 2 times a year without any additional profit, Competitive profit rates, 0% processing fees on buyouts, Release cash against your fully paid property.

View details on bank page

Abu Dhabi Finance Non Resident Home Loan (Compass)- Abu Dhabi Properties only

flat rate Flat Rate

2.48%

minimum salary Minimum Salary

AED 20K

reducing rate Reducing Rate

4.5%

early settlement fee Early Settlement Fee

1%

arrangement feeArrangement Fee

1.25%

Advantages

  • One payment holiday per year
  • Quick approval
  • Hassle free documentation
View All Loans

Features

  • Only UAE Nationals are eligible
  • For purchasing properties in Abu Dhabi only
  • Minimum salary of AED 20000 is required
  • Home Finance is provided at a fixed interest rate of 2.48%
  • Home Finance is provided on a reducing interest rate of 4.5%
  • Salary transfer is not required
  • Maximum loan amount provided depends on your financial condition
  • Property and Life insurance is mandatory
  • 1% of the total loan amount is charged as processing fees
  • The loan is provided for a maximum tenure of 25 years
  • 25% of the property value should be paid as the down payment
  • 2% of outstanding loan amount is charged on early settlement
  • Hassle free documentation , Easy approval of the loan , Salary transfer is not required , A high amount of finance is provided, Both self-employed and salaried individuals are eligible for the finance

View details on bank page

Al Hilal Bank Switch Over - Ready Property (Self use)

flat rate Flat Rate

1.93%

minimum salary Minimum Salary

AED 15K

reducing rate Reducing Rate

3.5%

max amount Max Loan Amount

AED 10000K

early settlement fee Early Settlement Fee

1%

arrangement feeArrangement Fee

0%

View All Loans

Features

  • Both self-employed and salaried individuals are eligible
  • Provides finance for completed properties
  • Minimum salary of AED 15000 is required
  • Home Finance is provided at a fixed interest rate of 1.93%
  • Home Finance is provided on a reducing interest rate of 3.5%
  • Salary transfer is not required
  • Maximum loan amount provided is AED 10000000
  • Life and property insurance is required
  • 0% processing fees
  • The loan is provided for a maximum tenure of 25 years
  • 20% of the property value should be paid as the down payment
  • 1% of outstanding loan amount is charged on early settlement
  • Can transfer existing mortgage loan from another bank, No processing fees , Can avail partial settlement option , No property insurance charges, Provides life and property insurance on Islamic laws , Low-profit rates , A high amount of finance is provided , Salary transfer is optional , Quick processing of loan

View details on bank page

Arab Bank Non Resident Housing Loan

flat rate Flat Rate

3.85%

minimum salary Minimum Salary

AED 15K

reducing rate Reducing Rate

6.99%

max amount Max Loan Amount

AED 5500K

early settlement fee Early Settlement Fee

2%

arrangement feeArrangement Fee

1%

Advantages

  • Property insurance is not mandatory
  • Salary transfer is not compulsory
  • Free credit card
View All Loans

Features

  • Expats from Jordan, Palestine, and Lebanon are eligible
  • Minimum salary of AED 15000 is required
  • Home Finance is provided at a fixed interest rate of 3.85%
  • Home Finance is provided on a reducing interest rate of 6.99%
  • Salary transfer to Arab Bank account is not required
  • Maximum loan amount provided is USD 500,000
  • Getting your property insured is not mandatory
  • 1% of the total loan amount is charged as processing fees
  • The loan is provided for a maximum tenure of 20 years
  • 25% of the property value should be paid as the down payment
  • 2% of outstanding loan amount is charged on early settlement
  • Provides good customer assistance , Salary transfer is optional , Provides finance to purchase a property in Jordan, Palestine, and Lebanon , Complimentary Credit Card is provided , Quick processing , Competitive insurance rates

View details on bank page

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