Home UAE Mortgage Rates Mortgage Calculator Eligibility Calculator DBR Calculator Banks Projects Guides Blog Bank Updates FAQs About Get in touch

Emirates Islamic Mortgage Buyout

Move your existing UAE mortgage to Emirates Islamic — verified pricing, real switch costs, and the break-even math. Commission-free.

A buyout moves your existing mortgage to a better deal — and Emirates Islamic is one of the banks we arrange it with, commission-free. Advertised profit rates below are verified from official circulars; we confirm your exact terms free.

Emirates Islamic buyout · advertised · verified
from 3.99% p.a.
Buyout pricing is confirmed per profile — we check current promotions (some refund the valuation fee) for you, free.

Advertised profit rate — we confirm Emirates Islamic's current best pricing for your profile, free.

Estimated monthly payment
AED 9,490/mo
Loan AED 1,600,000

Why move your mortgage to Emirates Islamic?

A mortgage buyout (balance transfer) moves your existing home loan to a new bank at better terms. Emirates Islamic is one of the banks we arrange buyouts with — structured as Sharia-compliant home finance. Because the property doesn’t change hands, there is no 4% DLD transfer fee — the main cost people fear simply doesn’t apply.

Emirates Islamic advertised fixed profit rates

SegmentAdvertised fixed rateAfter the fixed periodVerified
Non-salary transfer4.19% · 3-yr fixedthen 1.99% + 3M EIBOR2026-07-12
Non-salary transfer4.59% · 5-yr fixedthen 1.99% + 3M EIBOR2026-07-12
Self-employed4.19% · 3-yr fixedthen 1.99% + 3M EIBOR2026-07-12
Salary transfer3.99% · 3-yr fixedthen 1.79% + 3M EIBOR2026-07-12
Salary transfer4.39% · 5-yr fixedthen 1.79% + 3M EIBOR2026-07-12

Advertised profit rates from circulars verified by Mortgease on the dates shown. Buyout pricing is confirmed per profile on application — promotions sometimes improve on these; we check for you, free.

What switching could save — worked example

On an AED 1.5M balance with 20 years left, moving from a legacy 4.99% to Emirates Islamic’s advertised 3.99% (salary transfer, 3-yr fixed) cuts the payment by roughly AED 809/month — about AED 9,711 a year. Illustrative maths at advertised profit rates; we run your exact numbers, free.

What a buyout actually costs

  • Early settlement with your current bank: capped at 1% of the balance or AED 10,000, whichever is lower (UAE-wide rule).
  • Valuation fee at Emirates Islamic: AED 3,150 (some promotions refund it — we confirm).
  • Mortgage release & re-registration: release ~AED 1,290; new registration 0.25% of the loan + AED 290.
  • No DLD 4% transfer fee — ownership doesn’t change.

We calculate your break-even month before you commit — if the switch doesn’t pay for itself, we’ll tell you.

Latest verified Emirates Islamic updates

Emirates Islamic buyout FAQs

Do I pay the 4% DLD fee when switching to Emirates Islamic?
No. A buyout transfers the loan, not the property, so the DLD transfer fee doesn’t apply. The main costs are early settlement (capped at 1% / AED 10,000), the valuation fee and re-registration.
What buyout profit rate will Emirates Islamic give me?
Advertised fixed profit rates currently start from 3.99% (see table above). Your exact buyout pricing depends on profile, LTV and salary transfer — we confirm it with Emirates Islamic for you, free.
How long does a buyout to Emirates Islamic take?
Typically 3–6 weeks end to end: approval, property valuation, settlement of the old loan and re-registration. Mortgease coordinates every step.
Is Emirates Islamic my best buyout option?
Maybe — that’s the point of using a broker. We compare Emirates Islamic against 15+ UAE banks on the same day and only recommend the switch if the break-even genuinely works for you.

Emirates Islamic mortgage overview →  ·  UAE buyout guide →  ·  All verified rates →