Mashreq moves to one standard pricing grid to 31 December 2026: premium pricing withdrawn, salaried from 4.49%
Mashreq has replaced its mortgage pricing with a single standard grid for every segment, for new applications logged from 1 October to 31 December 2026. Premium pricing is withdrawn: salaried, self-employed and non-resident buyers are all priced from the same grid. The standard rates themselves are unchanged from the September grid; what has gone is the lower premium tier.
Ready property: the new grid
| Segment | 2-year fixed | After the fixed period | Variable from day one |
|---|---|---|---|
| Salaried | 4.49% | 3M EIBOR + 1.75%, floor 4.49% | 3M EIBOR + 1.49%, floor 1.49% |
| Self-employed / low doc | 5.49% | 3M EIBOR + 2.25%, floor 5.49% | 3M EIBOR + 2.25%, floor 2.25% |
| Non-resident | 5.99% | 3M EIBOR + 2.99%, floor 5.99% | 3M EIBOR + 2.99%, floor 2.99% |
For off-plan purchases in selected projects Mashreq offers variable pricing only: 3M EIBOR + 1.75% for salaried buyers (floor 1.75%) and 3M EIBOR + 2.25% for self-employed buyers (floor 2.25%), with no fixed-rate option.
Indicative broker-channel pricing for applications logged from 1 October to 31 December 2026. Mashreq’s eligibility assessment and offer letter control.
Processing and pre-approval fees
- Salaried: no processing fee on a first sale, resale or buyout; 1% on a top-up or on the equity-release amount.
- Self-employed / low doc: 0.50% on a first sale, resale or buyout; 1% on a top-up or on the equity-release amount.
- Non-resident and off-plan: 1% on every transaction.
- An AED 1,050 pre-approval fee is reintroduced for self-employed and non-resident buyers of ready property. It is not charged on off-plan purchases.
Conditions that change the headline rate
- Salaried loans under AED 1 million price 0.25% higher on the fixed rate, with the floor raised to match.
- If rental income is higher than salary or business income, pricing rises by 1 percentage point.
- The grid covers total exposure up to AED 15 million; larger cases, and top-ups, are priced case by case.
- Part-payments of up to 25% of the outstanding loan in a calendar year carry no early-settlement fee on residential property.
- A green mortgage takes 0.25% off the margin on variable pricing, or off the reversion margin after the fixed period on a fixed rate.
- Fixed-rate pre-approval and final offer letters are valid for 30 days, with no pricing extensions.
Applications already in progress, pre-approved or finally approved before 1 October stay on the earlier pricing.
What this means if you are comparing banks
The premium tier in the earlier grid has gone: 3.99% for salaried customers with a salary transfer of AED 50,000 or more or a loan of AED 3.5 million or more, 4.99% for self-employed and 5.75% for non-resident loans above AED 3.5 million. Mashreq’s salaried starting rate is now 4.49%. Whether that suits your case depends on the loan size, the fees for your transaction type and the rate after the fixed period. Mortgease compares Mashreq with the rest of our panel of 18+ UAE banks and works out the full cost before anything is submitted.
See the Mashreq mortgage guide, use the Mashreq calculator, or review the latest UAE mortgage rates.