UAE mortgage calculator
Monthly repayment, the cash you need before the bank pays and the interest over the term, with the Central Bank loan limits for off-plan and ready homes built in.
- UAE loan limits applied
- Registration and bank fees included
- Share your numbers with a link
Cash before the loan funds
Paid by handoverFees: 4% registration AED 80,000, mortgage registration AED 2,770, bank arrangement AED 10,000, trustee AED 4,200. Banks also charge valuation and life insurance, quoted on request. On an off-plan home the bank usually funds its share at handover; until then you pay the developer from your own cash.
Principal and interest, year by year
Blue is principal, orange is interest. Most UAE mortgages fix the rate for one to five years, then follow EIBOR plus a margin, so later years will differ.
| Year | Principal | Interest |
|---|---|---|
| Year 1 | AED 22,153 | AED 44,547 |
| Year 5 | AED 26,513 | AED 40,187 |
| Year 10 | AED 33,189 | AED 33,511 |
| Year 15 | AED 41,546 | AED 25,154 |
| Year 20 | AED 52,007 | AED 14,693 |
| Year 25 | AED 65,102 | AED 1,598 |
| Total repaid | AED 1,000,000 | AED 667,497 |
How the numbers are worked out.
Loan limit
Off-plan 50% of the price. Ready first home 80% (expat) or 85% (UAE national) up to AED 5m, 70% or 75% above. Later homes 60% or 65%.
Monthly
loan × r ÷ (1 − (1 + r)^−n), where r is the annual rate ÷ 12 and n the number of months, up to 300.
Cash needed
Down payment + 4% of the price + 0.25% of the loan + about AED 270 + the bank fee + about AED 4,200 trustee fee, and 2% commission unless you buy direct.
Questions about mortgages in the UAE.
How much can I borrow on an off-plan property in the UAE?
Up to 50% of the price. UAE Central Bank rules cap off-plan lending at 50% loan-to-value for every buyer, and banks usually release the loan at handover, so the other half is paid to the developer from your own cash first.
What is the minimum down payment on a ready home?
For a first home, 20% for expats and 15% for UAE nationals up to AED 5 million, and 30% or 25% above it. A second or later home needs 40% (expats) or 35% (UAE nationals).
What is the longest mortgage term in the UAE?
Twenty-five years. Each bank sets the maximum age at the final repayment, commonly about 65 for salaried and 70 for self-employed borrowers, which can shorten the term.
Which fees does the calculator include?
The 4% Dubai Land Department registration fee on the price, the 0.25% mortgage registration fee on the loan plus about AED 270 in title deed fees, the bank arrangement fee you enter (typically up to about 1% of the loan), a trustee fee of about AED 4,200 and, unless you buy direct, 2% agency commission. Valuation and insurance are quoted by the bank.
Is the monthly figure fixed for the whole term?
Only if the rate is. Most UAE mortgages fix the rate for the first one to five years, then move to EIBOR plus a margin, so the repayment changes with EIBOR after the fixed period.
Can I get a mortgage as a non-resident?
Yes, several UAE banks lend to non-residents, usually at lower loan-to-value than residents and with extra documents. Ask the bank for its current terms.