How do I use the mortgage calculator UAE?
- Enter the property price in AED.
- Set your down payment, interest rate and term (up to 25 years).
- Choose expat or UAE national and press Calculate mortgage.
How much down payment do you need for a mortgage in the UAE?
UAE Central Bank rules set maximum loan-to-value ratios. For a first home, these are commonly:
| Buyer | Property value | Typical maximum loan | Minimum down payment |
|---|---|---|---|
| Expat | Up to AED 5 million | 80% | 20% |
| Expat | Over AED 5 million | 70% | 30% |
| UAE national | Up to AED 5 million | 85% | 15% |
| UAE national | Over AED 5 million | 75% | 25% |
Off-plan properties and second homes need larger down payments. Banks may apply stricter limits based on your profile.
What fees do you pay when buying property in Dubai?
| Fee | Typical amount |
|---|---|
| Dubai Land Department transfer fee | 4% of the purchase price |
| Mortgage registration fee | 0.25% of the loan amount plus an admin fee |
| Real estate agency commission | Commonly 2% of the price plus VAT |
| Trustee / registration office fee | A fixed fee plus VAT |
| Bank arrangement fee | Up to 1% of the loan, depending on the bank |
| Property valuation | A fixed fee charged by the bank |
Plan for these on top of your down payment: on a AED 1.5 million property, fees can easily exceed AED 100,000.
Fixed rate or variable rate mortgage?
A fixed rate keeps your payment the same for an initial period (often one to five years), then usually switches to a variable rate linked to EIBOR plus a margin. A variable rate moves with EIBOR from the start. Fixed rates give certainty; variable rates can be cheaper when rates fall but riskier when they rise. Compare the follow-on rate, early settlement fees and the total cost over the period you expect to hold the loan.
How much mortgage can you afford?
UAE rules cap total monthly debt repayments at 50% of gross monthly income, and the maximum mortgage term is 25 years (and must usually end before age 65 for employees, or 70 for self-employed borrowers, depending on the bank). A practical rule is to keep housing costs comfortably below that cap so you still have room for savings and other expenses. Use the calculator to test different prices, down payments and rates.
Mortgage calculator UAE: frequently asked questions
What is the minimum down payment for a mortgage in the UAE?
For a first home under AED 5 million, expats usually need 20% and UAE nationals 15%. Above AED 5 million the minimums are higher. Off-plan and second homes need more.
What fees do I pay when buying in Dubai?
The main ones are the 4% Dubai Land Department transfer fee, mortgage registration (0.25% of the loan plus an admin fee), agency commission, trustee fees and bank arrangement and valuation fees.
How much deposit do I need for a UAE mortgage?
Central Bank rules set minimum down payments that depend on residency status, property value and whether it is your first home.
What is the maximum mortgage term in the UAE?
Commonly up to 25 years, subject to age limits at the end of the term.
What extra costs should I budget for?
Dubai Land Department transfer fee, registration and trustee fees, agency commission, valuation and bank arrangement fees.
Fixed or variable rate?
Fixed rates give certainty for an initial period; variable rates follow EIBOR plus a margin. Compare total cost over your expected holding period.
Does the calculator include insurance?
No. Life and property insurance are usually required and add to monthly cost.
Can non-residents get a mortgage in Dubai?
Yes, from some banks, usually with higher deposits.
What is EIBOR?
The Emirates Interbank Offered Rate, the benchmark many variable mortgage rates follow.
Is this a mortgage approval?
No. It is an estimate. Banks assess your income, debts and the property.