EIBOR 3M 4.37% CBUAE Base 3.65% Best Islamic 3.75% Best Conventional 3.78% EIBOR 3M 4.37% CBUAE Base 3.65% Best Islamic 3.75% Best Conventional 3.78%

FAB mortgage calculator

FAB writes fixed periods of 1, 2, 3 and 5 years. The slider holds the 3.99% one-year rate. Below, what each extra year of lock has to be priced at before it pays for itself.

AED 1,500,000
AED 300KAED 100M
20%
5%80%
3.99%
1.00%10.00%
25 years
5 years25 years
Figures are indicative. Use the eligibility checker to see what this looks like for your circumstances.

Your estimated payment

AED 6,327
per month
Finance amount
AED 1,200,000
Down payment
AED 300,000
Total interest
AED 698,225
Total repaid
AED 1,898,225
Check your eligibility →

Match the lock length to how long you'll actually hold

FAB writes four fixed periods: 1 year, 2, 3 and 5. That range is the product here, more than the 3.99% is. Of the UAE lenders whose product detail this site holds, Emirates NBD writes 1, 2 and 3 year fixes and Dubai Islamic writes 3 and 5. FAB writes all four lengths, and it charges 0% to arrange whichever one you pick.

The 3.99% in the slider above is the 1-year rate. Shortest lock on the shelf.

Here is why the length outranks the headline. Borrow AED 1,500,000 over 25 years, take the 1-year fix at 3.99%, then run on FAB's reversion of 5.41%. The fixed year costs AED 59,202 in interest. The 24 years behind it cost AED 1,153,646. So the figure everybody shops on decides under 5% of what you pay FAB, and the margin nobody reads decides the rest.

Which turns the buying question into a holding question. Sell or refinance inside 12 months and the reversion never reaches you, so the cheapest entry rate is simply the cheapest money and you can stop optimising. Still hold the place in 2036 and you bought a margin, not a headline.

The fixed period does one more thing worth knowing before you choose it. Lenders commonly drop the early settlement charge once a fixed period ends, and that is a term written into your FAB offer letter, not a rule. The CBUAE cap (1% of the outstanding balance or AED 10,000, whichever is lower) applies for the whole 25 years. So a 5-year lock is 5 years of certainty and, usually, 5 years of being tied. Read the offer for FAB's version of it.

What FAB quotes, and the margin behind it

Indicative rate on the 1-year fixfrom 3.99% reducing
Fixed periods FAB writes1, 2, 3 or 5 years
Arrangement fee0%
Rate once the fix ends3-month EIBOR (4.37%) + 1.50%, so 5.87% today
Finance typesconventional and Islamic
Salary transferrequired
Max loan to value, first home under AED 5M80% expats, 85% nationals
Max term25 years

Four of those rows decide the offer: the rate, how long it is held, the fee, and the margin waiting behind it. FAB's 1.50% margin sits between Dubai Islamic's 1.00% and Emirates NBD's 1.99%, so a FAB borrower who reverts lands in the middle of the lenders this site tracks rather than at either end of them. Salary transfer is a condition of the pricing, not a discount you can decline.

Indicative figures, September 2026. Confirm the live rate on our current UAE mortgage rates page and read the FAB mortgage guide for the rest of the product detail.

What a longer FAB fix has to be priced at

FAB publishes 3.99% on the 1-year. The 2, 3 and 5-year fixes are priced separately and this site does not hold those figures, so guessing at them would be worthless. What the arithmetic can give you is the bar each one has to clear.

The test runs like this. Take the 1-year at 3.99%, then run on 5.41% for the rest of the window. Add up everything paid and everything still owed at the end of it. Any longer fix landing under that total is worth taking. Counting the outstanding balance matters, because otherwise a lower payment that clears less principal wins by paying slower.

AED 1,500,000 over 25 years, against taking FAB's 1-year fix at 3.99% and reverting to 5.41%
Fixed periodBreak-even rateMonthly payment at that rate
2 yearsunder 4.69%AED 8,500
3 yearsunder 4.92%AED 8,699
5 yearsunder 5.10%AED 8,856

Read it as a ceiling on what certainty is worth. A 3-year quote at 4.75% beats taking the 1-year and reverting. The same 3-year at 5.10% does not. The bar climbs with the length because a longer lock keeps more months away from the reverted rate, which is also why the 5-year tolerates the highest price.

Two assumptions hold the table up. EIBOR stays where it was on 22 September 2026, and you neither overpay nor settle early. If EIBOR falls the bars drop and the short fix looks clever. If it rises they climb and the long fix looks cheap in hindsight. Nobody gets to know that in advance, which is the whole reason a fixed period costs money.

Asking FAB to price all four lengths costs one email. The bars above tell you what to do with the four answers.

FAB against Emirates NBD at year 5, and at year 25

FAB's 3.99% is 0.10 percentage points above Emirates NBD's 3.89%. On AED 1,500,000 that gap is AED 83 a month. Then three things pull against each other.

Two favour FAB. No arrangement fee, where Emirates NBD takes 0.26%, AED 3,900 due before the first instalment. And a cheaper reversion, 5.41% against 5.75%. One favours Emirates NBD, and it is the one this page is about: its fix runs 2 years to FAB's 1, so across the first 5 years FAB spends 4 of them on the reverted rate and Emirates NBD spends 3.

AED 1,500,000 over 25 years, no overpayment, both priced at today's EIBOR
FABEmirates NBD
Headline3.99%, fixed 1 year3.89%, fixed 2 years
Arrangement feeAED 00.26%, AED 3,900
During the fixAED 7,909 a monthAED 7,827 a month
Reverts toFAB tracks 3-month EIBOR + 1.50%, so 5.87%Emirates NBD tracks 1-month EIBOR + 1.99%, so 6.01%
After the fixAED 9,090 a monthAED 9,327 a month
Paid over 5 years, fee includedAED 531,234AED 527,504
Still owed at month 60AED 1,331,264AED 1,328,438
Paid over the full 25 years, fee includedAED 2,712,848AED 2,765,922

Emirates NBD is AED 3,730 ahead at the 5-year mark and AED 2,826 further ahead on the balance, so it wins that window on both counts. Barely. The gap is 0.7% of what either borrower has paid by then, on a headline difference of 0.10 percentage points, and it is the extra fixed year that produces it rather than the rate.

Then it turns over. Count everything paid plus everything still owed, month by month, and the two lines cross in month 79. From there FAB is in front and stays there, because once both loans sit on their reverted rates the FAB payment is AED 9,090 against AED 9,327, a difference of AED 237 every month to the end of the term. Run both to month 300 and the FAB route costs AED 53,074 less.

So the choice between them is a date. Out before month 79, Emirates NBD. Still there after it, FAB. On today's EIBOR, and a move in EIBOR shifts the crossing rather than removing it, since the margins are what differ.

Conventional or Islamic at FAB, and where the deposit bites

FAB writes conventional mortgages and Islamic home finance. Of the eight lenders this site holds in detail, only Standard Chartered has both a conventional and an Islamic product on file here, so FAB's Islamic side is not something this data can price. The 3.99% on this page is the conventional rate. There is no published profit rate on file for the Islamic version, so the honest move is to ask FAB to quote both and put each into the slider above. The arithmetic does not change: Islamic finance settles on a reducing balance over a fixed term, the same formula.

The deposit is not FAB's rule. It is the CBUAE floor and it follows you to any lender in the country: on a first home under AED 5 million a resident expat funds 20% and a UAE national 15%, which is AED 300,000 and AED 225,000 on the AED 1,500,000 the calculator loads with. Above AED 5 million those become 30% and 25%. A second or investment property needs 40% from an expat and 35% from a national. Off-plan needs 50% from either.

What is FAB-specific is what the deposit does to the step at the end of the fix. FAB takes no arrangement fee, so the deposit is the only cash the lender itself asks for on day one, and every AED 100,000 you add to it takes roughly AED 79 a month off the jump when 3.99% becomes 5.41%. On the AED 1,200,000 loaded above, the payment goes from AED 6,327 to AED 7,272 in month 13, a rise of AED 945. Put down 30% instead of 20% and the same step is AED 827. A bigger deposit does not buy a better rate at FAB. It buys a smaller shock.

Affordability is read the CBUAE way here as anywhere: a 50% debt burden ratio, and an income ceiling of 7 times annual income for an expat and 8 times for a UAE national, whichever bites first. Those travel with you between lenders. The 1.50% margin does not.

FAB fixed-period questions

How long does FAB fix the rate for?

FAB writes fixed periods of 1, 2, 3 and 5 years, matching HSBC and Standard Chartered. ADIB goes wider still, from 3 years out to 20. The 3.99% indicative rate on this page is the 1-year fix. Whichever length you take, the rate afterwards becomes 3-month EIBOR plus 1.50%, which is 5.87% at the EIBOR published on 22 September 2026. Transferring your salary to FAB is a condition of the pricing.

Does FAB charge an arrangement fee?

No. The arrangement fee on the FAB product recorded here is 0%. For scale, Emirates NBD charges 0.26%, which is AED 3,900 on an AED 1,500,000 loan and falls due before the first instalment. A 0% arrangement fee is the bank's own charge only. Valuation and property transfer costs sit outside it and are not waived by it.

What would a longer FAB fix have to be priced at to beat the 1-year?

On AED 1,500,000 over 25 years, measured against taking the 1-year at 3.99% and then reverting to 5.41%: a 2-year fix wins under 4.69%, a 3-year wins under 4.92%, and a 5-year wins under 5.10%. The comparison counts everything paid plus everything still owed at the end of each window, so a longer fix cannot win simply by clearing less principal. It assumes 3-month EIBOR stays at 4.37%.

How much does the payment jump when a FAB fix ends?

On the AED 1,200,000 this calculator loads with, from AED 6,327 to AED 7,272 a month, a rise of AED 945. That is the step from 3.99% to 5.41% applied to the balance left after 12 months of payments. It scales with the loan, so every AED 100,000 less you borrow takes about AED 79 off it.

Is this a FAB home loan calculator or an EMI calculator?

Both names describe this one. Home loan and mortgage are used interchangeably in the UAE, and the monthly figure here is the equated monthly instalment on a reducing balance, the method FAB uses. On AED 1,200,000 over 25 years at 3.99% that is AED 6,327 a month.

Four lock lengths. Get FAB to price all of them.

Then hold each quote against the break-even bars above, and against what other UAE lenders are charging today.

Compare all UAE rates Check eligibility

Sources