EIBOR Rates Today
The UAE benchmark rate behind variable mortgages — official CBUAE fixing, explained. Last checked 4 September 2026.
Current EIBOR rates (CBUAE fixing, 3 September 2026)
Source: UAE Central Bank daily EIBOR fixing of 3 September 2026 (O/N 3.34%, 1W 3.79%; value date 7 September 2026). EIBOR updates every business day — for the latest exact fixing see centralbank.ae.
What is EIBOR?
EIBOR — the Emirates Interbank Offered Rate — is the benchmark interest rate at which UAE banks lend to each other, published every business day under UAE Central Bank regulation. It matters to you for one reason: almost every variable mortgage in the UAE is priced as a margin over EIBOR — typically "1.5–2.5% + 3-month EIBOR".
How EIBOR affects your mortgage
Most UAE mortgages start with a fixed rate for 1–5 years, then revert to margin + EIBOR. With 3-month EIBOR at 4.00%, a typical reversion of "2% + 3M EIBOR" means about 6.00% — often materially higher than the fixed rate that just ended. On a AED 1.5M loan, the payment impact depends on the remaining balance and term.
That's why the smartest time to act is before your fixed period ends: compare a buyout to a new fixed rate, or renegotiate with your bank. Real examples from recent bank circulars: Ajman Bank reverts at 3M EIBOR + 1.75–1.85%, Arab Bank at 6M EIBOR + 1.99% (with floors) — the margin and the floor both matter.
Which EIBOR tenor applies to me?
Your offer letter names it. 3-month EIBOR is the most common for mortgage reversion; some banks use 6-month or 1-month. The shorter the tenor, the faster your payment responds to rate moves — in both directions.
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