By Majid Akhbar, Head of Mortgage · Published 8 May 2026 · Updated 22 September 2026 · 9 min read · Rates refreshed September 2026

Home loan rates Dubai: live rates from the major banks

Dubai home loan rates start at 3.75% and run past 4.7% depending on the bank, the product type, the fix period and your applicant profile. The lowest rate of any kind is 3.75% at Sharjah Islamic Bank, which is Islamic. The lowest conventional rate is 3.78% at Arab Bank, with salary transfer. Variable products are pricing at EIBOR 3M (currently 4.37%) plus 0.50% to 1.00%.

This article gives you the bank-by-bank rate map, what each rate means in monthly payment on a typical Dubai purchase, and which bank tends to suit which type of buyer. All rates come from the published rate panels of the lenders listed; the live version is on our rate comparison page with every tracked product.

Best Dubai home loan rates this month

Source: bank rate panels, indicative for salaried expat applicants meeting bank's standard income requirements. Live full panel on the rate comparison page. Monthly payments calculated on AED 1.5M loan, 25-year term, principal and interest, excluding insurance and fees.

The rate environment: where we are and where we're heading

Dubai mortgage rates have eased modestly from their late-2023 peak. The path:

• Q4 2023: Fed funds at 5.25% to 5.50%, EIBOR 3M peaked near 5.45%, best mortgage rates clustered at 4.99% to 5.50%
• 2024: Fed began cutting in late 2024, taking rates to 4.25% to 4.50% by year-end. EIBOR drifted to ~4.45%. Best mortgages dropped to 4.50% to 4.99% range.
• 2025: Further Fed cuts to 3.50% to 3.75% by end of year. EIBOR followed to around 3.69%. Best mortgages broke below 4.0% for the first time since 2022.
• Mid-2026: EIBOR 3M sits at 4.37%. The lowest conventional rate is 3.78%, the lowest of any kind 3.75%. The cheapest end of the market is now 100 to 150 basis points cheaper than peak.

The forward curve currently prices a further 25 to 50 basis points of Fed cuts through late 2026, which would push EIBOR toward 3.20% to 3.45% and best mortgage rates into the 3.0% to 3.5% band. That's not guaranteed, inflation surprises could halt the cutting cycle, but it's the central case.

For deeper Fed-EIBOR-mortgage rate mechanics see our EIBOR explained guide.

Bank-by-bank profile: who suits whom

Standard Chartered, no salary transfer needed

Standard Chartered's conventional home loan is 4.67% and variable, well above the cheapest fixed rates, but it does not require salary transfer. Processing is competitive and the product suits expats who want to keep their salary at their current bank. Best for: rate-conscious buyers who value flexibility on where their payroll sits. Worth applying alongside one other bank as a backup.

Sharjah Islamic Bank, lowest rate on the board

Sharjah Islamic Bank prices a 1-year fix at 3.75% with no arrangement fee, and that is the lowest published rate of any kind in the UAE right now, Islamic or conventional. The follow-on is 3-month EIBOR plus 1.75%, so the fix is short and the reset matters. Best for: buyers who want the cheapest entry rate and are willing to refinance or renegotiate after year one.

Dubai Islamic Bank, the biggest Islamic branch network

DIB's Islamic home finance at 3.95% on a 3-year fix is not the cheapest Shariah-compliant rate (Sharjah Islamic is 20 basis points below it), but it buys a longer fix and the largest Islamic-bank branch network in the UAE. Best for: buyers who want an Islamic structure with a major-bank relationship and 3 years of payment certainty.

ADCB, strong all-rounder

ADCB at 4.13% sits mid-table on rate but carries none of HSBC's tier hurdles. Processing in 3 to 7 days, strong product range across fixed and variable, and it accepts most salaried expat profiles. Best for: salaried expats who want a fast, no-fuss conventional mortgage at a competitive rate.

FAB, institutional scale

First Abu Dhabi Bank at 3.99% is the largest UAE bank and offers some of the deepest product variety. Processing 3 to 7 days. Particularly strong for higher-value loans (AED 3M+) and for buyers in Abu Dhabi (where they have a natural advantage). Best for: larger loans, Abu Dhabi buyers, applicants who value working with a major bank.

Mashreq, flexible underwriting

Mashreq quotes 3.99% on a 2-year fix, but that price is for its Premium segment only. Standard-segment pricing runs 4.49% to 4.74%. Mashreq tends to be more flexible on income structures (commission-heavy salaries, variable bonuses). Processing 3 to 5 days. Best for: applicants with non-standard income who get pushed back at the more rigid lenders.

ADIB and NBF, other Islamic options

ADIB is 3.99% on a 3-year fix with salary transfer, which puts it just above DIB at 3.95% and well above Sharjah Islamic at 3.75%. ADIB has a strong branch network and processing infrastructure. NBF publishes 4.25% on a 5-year bundle offer with salary transfer, read 22 September 2026, with the standard offer at 4.35%. Best for: buyers who specifically want an Islamic structure and value a particular bank relationship.

Emirates NBD, strongest variable-rate offering

Emirates NBD fixes at 3.89% on a 2-year with salary transfer, just above Arab Bank's market-floor 3.78%. Its variable product at EIBOR + 0.85% (currently ~5.22%) is more expensive than the best fixed rates today, but the math flips if EIBOR drops a further 50bps as expected. Best for: borrowers who believe rates will fall and want to participate in the downside without the early-settlement penalty of a fixed product. Variable-rate strategy is covered in detail in the fixed vs variable guide.

How rate differences add up over the loan

Rate selection is the single largest cost decision in your mortgage. A AED 1.5 million loan over 25 years:

The gap between 3.75% and 4.67% on the same loan is roughly AED 448/month and AED 134,000 over the term. That's not a marginal "shop around" benefit. Worth the extra application or two.

What changes the rate offered to you specifically

The rates above are the published "best" rates. The rate the bank actually offers you depends on:

• Salary level: some products require AED 25,000 or AED 30,000 minimum monthly income
• Salary transfer: some banks shave 0.10% to 0.25% if you transfer your salary to them
• Loan-to-value: lower LTV (you putting down more than 20%) sometimes earns a better rate
• Loan amount: larger loans sometimes price at lower margins; very small loans (under AED 750,000) sometimes get higher rates
• Property type: villa vs apartment vs off-plan can affect pricing
• Term length: longer fix periods generally cost slightly more on the headline rate
• AECB credit score: excellent scores (750+) get the published best rate; lower scores see margin add-on or decline
• Employer category: employees of the top employer list at each bank often get rate concessions

Dubai vs Abu Dhabi: any rate difference?

The headline mortgage rates are the same across Dubai and Abu Dhabi, both are governed by the same CBUAE rules and the same banks operate in both emirates. The cost differences sit elsewhere:

• DLD transfer fee: 4% in Dubai, 2% in Abu Dhabi. On a AED 2M property that's AED 40,000 of difference.
• Property prices: generally lower in Abu Dhabi for similar quality, but yield/appreciation profile differs
• Bank preference: ADCB and FAB are headquartered in Abu Dhabi and may offer slightly faster approvals there; HSBC and Emirates NBD are stronger in Dubai

See the full Dubai vs Abu Dhabi cost comparison in our guide and the dedicated Abu Dhabi mortgage rates page.

How to actually use this comparison

1. Identify the 2 or 3 banks whose product profile matches you (rate, eligibility minimums, processing speed, fix period).
2. Run your loan amount through the calculator at each bank's rate to see the monthly difference.
3. Check the all-in difference (monthly × 12 × fix period) to make sure the saving justifies any switching effort.
4. Apply for pre-approval at your top choice. Apply at one alternative as a backup. See the pre-approval guide for the document checklist.
5. Pick the offer with the lowest combined cost across rate, fees, and post-fix reset margin.

Frequently asked questions

What are home loan rates in Dubai right now?

Fixed products run from 3.75% (Sharjah Islamic) to 4.60% (Bank of Baroda), with variable pricing above that. Arab Bank is the lowest conventional at 3.78%. DIB Islamic is 3.95%, ADCB is 4.13%.

Which bank has the lowest Dubai home loan rate?

Sharjah Islamic Bank at 3.75% is the cheapest published rate of any kind. Arab Bank at 3.78% is the cheapest conventional. ADCB at 4.13% is a strong mainstream conventional option without restrictive eligibility.

Will Dubai home loan rates fall in 2026?

Likely modestly. Forward curve prices a further 25 to 50bps of Fed cuts which would push EIBOR toward 3.20% to 3.45% and best rates into the 3.0% to 3.5% range.

Should I lock a fixed rate now?

For most buyers, yes, fixing for 3 to 5 years at current rates protects against upside and only modestly underperforms if rates fall further.

What is the EIBOR rate today?

EIBOR 3M is at 4.37%. CBUAE Base Rate is 3.65%.

Can a non-resident get a home loan in Dubai?

Yes, with stricter terms, typically 50% to 65% LTV, higher minimum loan, slightly higher rates. See the international mortgage UAE guide.

The bottom line

The Dubai mortgage market has eased to its most attractive level since 2022. Sharjah Islamic at 3.75% and Emirates NBD at 3.89% set the floor; ADCB at 4.13% is a solid mainstream option once you count service and speed. The gap from the cheapest fixed rate to the dearest one in the table above is roughly AED 134,000 over 25 years, large enough to make rate comparison the highest-leverage decision in the entire mortgage process.

Use the live rate comparison for the full panel, the calculator for monthly payments at your specific loan amount, and the EIBOR tracker for the underlying benchmark. For deeper context on whether to lock fixed or stay variable, see the fixed vs variable guide.