Mortgage Calculator
Calculate your mortgage payments in the UAE.
About This Tool
This calculator helps you estimate your monthly mortgage payments based on the property price, down payment, interest rate, and loan term.
How to Use
Enter your details in the calculator above and click "Calculate" to get your results. You can reset the calculator at any time by clicking the "Reset" button.
FAQ
How much down payment is required for a mortgage in the UAE?
The down payment depends on whether you are a UAE national or an expatriate and the property value.
What is the maximum tenure for a mortgage in the UAE?
The maximum tenure is typically 25 years.
More About Mortgage Calculator
Understanding Mortgages in Dubai
Mortgages in Dubai follow specific regulations set by the UAE Central Bank. For expatriates, the maximum loan-to-value (LTV) ratio is typically 75% for properties under AED 5 million, meaning a minimum down payment of 25% is required. For UAE nationals, the LTV can go up to 80%, requiring a 20% down payment.
Mortgage Terms and Conditions in Dubai
Most banks in Dubai offer mortgage terms between 5 and 25 years, with some extending to 30 years. The maximum age at the end of the mortgage term is typically 65 for expatriates and 70 for UAE nationals. Interest rates can be fixed or variable, with fixed rates usually applying for an initial period of 1-5 years before converting to a variable rate.