UAE Mortgage Calculator — Dubai and Abu Dhabi Property Finance
Free UAE mortgage calculator. Calculate monthly EMI at current rates and see how much you can borrow as a UAE national or expat.
Buying property in the UAE — whether Dubai Abu Dhabi or Sharjah — involves specific Central Bank of UAE rules on mortgage eligibility. UAE nationals can borrow up to 85% loan-to-value (LTV) on a first property up to AED 5 million and 75% for property above AED 5 million. Expat residents can borrow up to 80% LTV on a first property up to AED 5 million and 70% above. Second property LTV is lower for both. Typical mortgage rates in 2026 range from 3.99% to 5.5% with both fixed and variable options from major lenders like Emirates NBD Mashreq ADCB FAB HSBC and Dubai Islamic Bank. Maximum loan tenure is 25 years with borrower age capped at 70 (salaried) or 75 (self-employed) at loan maturity. Monthly mortgage installments cannot exceed 50% of total monthly income.
How much can I borrow as an expat in Dubai?
As an expat with salary of AED 30000 monthly you can typically borrow up to 7-8 times annual salary subject to the 50% debt-to-income limit. Annual income: AED 360000. Maximum borrowing: approximately AED 2.5-2.8 million. For a AED 2 million property at 4.5% over 25 years the monthly EMI is approximately AED 11120 — well within the 50% of AED 30000 limit. You need 20% down payment (AED 400000) plus approximately 7% in transaction costs (4% Dubai Land Department fee + 2% agent + 1% mortgage registration).
Calculate Now
Mortgage Calculator
How This Calculator Works
This calculator uses the standard reducing balance method to compute your monthly payments. The formula takes your loan principal, annual interest rate, and tenure to calculate the exact Equated Monthly Installment (EMI) or payment amount. Each monthly payment consists of two components — principal repayment and interest charges. In the early months, a larger portion goes toward interest, but as your outstanding balance decreases, more of each payment reduces the principal. This is why making extra prepayments in the early years of your loan saves significantly more interest than prepaying later.
Tips to Get the Best Loan Deal
Always compare the Annual Percentage Rate (APR) rather than just the advertised interest rate, as APR includes processing fees, insurance charges, and other costs. Negotiate your processing fee — most banks will reduce or waive it if you ask. Choose the shortest tenure your budget allows since longer tenures dramatically increase total interest paid. Check prepayment terms before signing — RBI mandates zero prepayment penalty on floating rate home loans in India. Finally, maintain a credit score above 750 to qualify for the best rates from any lender.
Key Information
| Parameter | Details |
|---|---|
| UAE National LTV (1st home) | Up to 85% |
| Expat LTV (1st home) | Up to 80% |
| Typical Rate (2026) | 3.99% - 5.5% |
| Maximum Tenure | 25 years |
Calculate UAE mortgage
Get accurate results instantly — 100% free, no signup required
Use Calculator NowFrequently Asked Questions
How much can I borrow as an expat in Dubai?
As an expat with salary of AED 30000 monthly you can typically borrow up to 7-8 times annual salary subject to the 50% debt-to-income limit. Annual income: AED 360000. Maximum borrowing: approximately AED 2.5-2.8 million. For a AED 2 million property at 4.5% over 25 years the monthly EMI is approximately AED 11120 — well within the 50% of AED 30000 limit. You need 20% down payment (AED 400000) plus approximately 7% in transaction costs (4% Dubai Land Department fee + 2% agent + 1% mortgage registration).
What are the costs of buying property in UAE?
Beyond the down payment expect approximately 7-8% in transaction costs: Dubai Land Department (DLD) registration fee 4% of property value; real estate agent commission 2% plus 5% VAT; mortgage registration fee 0.25% of loan value plus AED 290; property valuation AED 2500-3500; bank processing fee 0.5-1% of loan. On a AED 2 million Dubai property total upfront: AED 400000 down payment + AED 80000 DLD + AED 42000 agent + AED 4000 mortgage registration + AED 3000 valuation = approximately AED 530000 cash required.
Can I get a mortgage in UAE without residency?
Most UAE banks require UAE residency visa for mortgage approval however a handful of banks (Mashreq HSBC Standard Chartered) offer non-resident mortgages at higher rates (5.5-7%) and lower LTV (50-60%). Minimum property value is usually AED 1.5 million. Non-resident mortgages are best suited to Golden Visa holders frequent UAE visitors and GCC nationals. Interest rates can be 1.5-2% higher than resident rates and tenures may be shorter (typically 15-20 years maximum). Documentation requirements are also heavier including home-country tax returns and bank statements.
How is EMI calculated?
EMI is calculated using the formula: EMI = P × r × (1+r)^n / ((1+r)^n - 1), where P is the principal loan amount, r is the monthly interest rate (annual rate divided by 1200), and n is the tenure in months. This gives you the fixed monthly payment that covers both principal repayment and interest.
Should I choose a longer or shorter loan tenure?
A shorter tenure means higher EMI but significantly less total interest paid. For example, on a Rs 50 lakh loan at 8.5%, choosing 15 years over 20 years saves approximately Rs 12 lakh in interest but increases your EMI by about Rs 14,000. Choose the shortest tenure your budget allows.
Can I prepay my loan to reduce interest?
Yes, making prepayments is one of the smartest financial moves. RBI mandates zero prepayment penalty on floating rate home loans. Even small annual prepayments of Rs 1-2 lakh can save Rs 10-20 lakh in total interest and reduce your tenure by years.
What CIBIL score do I need for a loan?
Most banks require a minimum CIBIL score of 700 for loan approval. A score above 750 helps secure better interest rates. Scores between 650-700 may still get approved but at 0.5-1% higher rates. Below 650, approval becomes difficult with mainstream banks.
Related Calculators
More Loan Calculators
Last updated: March 2026