RAKBANK Mortgage Buyout
Move your existing UAE mortgage to RAKBANK — current pricing, real switch costs, and the break-even math. with no client brokerage fee.
A buyout moves your existing mortgage to a better deal — and RAKBANK is one of the lender routes we can assess. Mortg Ease charges no client brokerage fee. Advertised rates below are from the bank pricing file received 21 September 2026; we reconfirm current indicative pricing and requirements before submission.
Advertised rate — we confirm RAKBANK's current indicative pricing for your profile, free.
Why move your mortgage to RAKBANK?
A mortgage buyout (balance transfer) moves your existing home loan to a new bank at better terms. RAKBANK is one of the banks we arrange buyouts with. Because the property doesn’t change hands, there is no 4% DLD transfer fee — the main cost people fear simply doesn’t apply.
RAKBANK advertised fixed rates
| Segment | Advertised fixed rate | After the fixed period | Verified |
|---|---|---|---|
| Non-salary transfer | 3.89% · 3-yr fixed | then 1.69% + 3M EIBOR | 2026-09-21 |
| Self-employed | 4.49% · 3-yr fixed | then 1.89% + 3M EIBOR | 2026-09-21 |
| Salary transfer | 3.89% · 3-yr fixed | then 1.69% + 3M EIBOR | 2026-09-21 |
Advertised rates from the bank pricing file we received on 21 September 2026, with the date shown on each row. 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 RAKBANK’s advertised 3.89% (salary transfer, 3-yr fixed) cuts the payment by roughly AED 888/month — about AED 10,656 a year. Illustrative maths at advertised 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 RAKBANK: 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 RAKBANK updates
- RAKBANK launches 3-year fixed pricing from 3.89% — buyout at 3.89% with AED 3,000 valuation fee refunded
- RAKBANK refreshes mortgage pricing — 3.99% buyout, Elite STL fixed for 2 years; new rates effective 29 April
- RAKBANK cuts mortgage rates to 3.99% — zero processing fees for salaried buyers
RAKBANK buyout FAQs
Do I pay the 4% DLD fee when switching to RAKBANK?
What buyout rate will RAKBANK give me?
How long does a buyout to RAKBANK take?
Is RAKBANK my best buyout option?
RAKBANK mortgage overview → · UAE buyout guide → · All verified rates →
Same at other banks: Sharjah Islamic Bank → · Standard Chartered → · United Arab Bank →
Compare with other UAE banks
Not sure which bank fits your profile? See current UAE mortgage rates, check your eligibility, work out your DBR or estimate your monthly payment — then we review relevant lender routes with no client brokerage fee.