UAE Mortgage Calculator

Calculate your monthly mortgage payments based on loan amount, interest rate, and loan term. Our mortgage calculator helps you plan your home purchase with confidence.

UAE Mortgage Calculator

AED

Enter your loan amount (property price minus down payment).

%

Current UAE mortgage rates typically range from 3% to 5%.

Maximum term is typically 25 years in the UAE and must end before retirement age.

Understanding Mortgages in the UAE

Mortgages in the UAE follow standard amortization principles, but have specific regulations and practices unique to the region.

Key Facts About UAE Mortgages

  • Maximum Loan Term: Up to 25 years, typically ending by retirement age (65-70).
  • Interest Rate Structure: Often fixed for an initial period (1-5 years), then variable (often tied to EIBOR).
  • Down Payment Requirements: Minimum 20% for expatriates and 15% for UAE nationals for properties up to AED 5 million.
  • Additional Costs: Arrangement fees (~1% of loan), property insurance, and life insurance are typically required.

How Mortgage Payments Work

Monthly mortgage payments in the UAE are calculated using the standard formula:

Monthly Payment = P × r × (1+r)^n ÷ [(1+r)^n - 1]

Where:

  • P = Principal (loan amount)
  • r = Monthly interest rate (annual rate ÷ 12)
  • n = Total number of monthly payments (years × 12)

This calculator provides estimates for planning purposes. For personalized mortgage advice, we recommend consulting with a licensed mortgage broker or financial institution.