EIBOR 3M 3.91% CBUAE Base 3.65% Best Islamic 3.75% Best Conventional 3.89% EIBOR 3M 3.91% CBUAE Base 3.65% Best Islamic 3.75% Best Conventional 3.89%

RAKBANK mortgage calculator

RAKBANK does not publish a standing rate sheet, so this calculator preloads the top of the published UAE market range as your conservative benchmark. Adjust every slider to fit your purchase.

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 →

RAKBANK mortgage rates at a glance

Indicative figures. Confirm the live rate on our current UAE mortgage rates page before you apply.

Published RAKBANK rateNot published; UAE conventional market runs 3.89% to 4.29%
Rate typeConventional only (no Islamic window)
Max loan to value, first home under AED 5M80% expats, 85% nationals
Max term25 years

About a RAKBANK mortgage

RAKBANK, formally the National Bank of Ras Al-Khaimah, is a retail-focused UAE bank listed on the Abu Dhabi Securities Exchange. Its mortgage footprint is smaller than the big four lenders, and it quotes home loan pricing per applicant rather than publishing a standing rate sheet. Where RAKBANK tends to compete is with its existing retail and small business customers, who can sometimes secure sharper pricing than the walk-in market. Products are conventional only; for Sharia-compliant finance look at Sharjah Islamic Bank (3.75%), Dubai Islamic Bank (3.95%) or ADIB (3.99%) instead. CBUAE rules apply in full: 50% debt burden ratio, 80% loan to value for an expat first home under AED 5 million, 25-year maximum term. The slider preloads 3.99%, above the published conventional floor (Emirates NBD leads at 3.89%), so your benchmark errs on the safe side. Read the RAKBANK mortgage guide for the application detail and test any quote you get against the live rates page.

RAKBANK home loan questions

What is RAKBANK's mortgage rate in 2026?

RAKBANK does not publish a standing mortgage rate sheet; pricing is quoted per applicant. The published UAE conventional market starts at 3.89% (Emirates NBD) and runs up to 4.29% (Standard Chartered) on introductory fixed periods, so treat any RAKBANK quote near the bottom of that range as competitive and question anything more than 0.30% above the 3.89% floor.

Does RAKBANK offer Islamic home finance?

No. RAKBANK's home loans are conventional only. If you want a Sharia-compliant mortgage, Sharjah Islamic Bank currently has the lowest Islamic rate at 3.75%, with Dubai Islamic Bank at 3.95% and ADIB at 3.99%.

What would a RAKBANK mortgage cost per month?

At the 3.99% benchmark rate preloaded above, an AED 1,200,000 loan over 25 years costs about AED 6,327 a month on a reducing balance. Re-run the calculator with the exact rate RAKBANK quotes you, since your figure will move roughly AED 65 a month for every 0.10% of rate.

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Line the quote up against products from major UAE lenders before you commit.

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Sources