Emirates NBD puts fixed rates without salary transfer on hold and pauses salaried non-resident broker cases
Emirates NBD has put its fixed rates for customers without a salary transfer on hold until further notice. From 1 November 2026 those cases are processed on its day-one variable rate. Salaried non-resident cases also cannot be logged through brokers until further notice.
What changes
- No salary transfer: fixed-rate pricing is on hold; the day-one variable rate applies.
- Salaried non-residents: applications through the broker channel are paused.
- Equity release for renovation (salaried customers, up to AED 500,000 and/or less than 20% of the value): allowed with an undertaking and evidence, which must be a standard UAE VAT invoice or receipts showing the contractor’s VAT details. Quotations are not accepted, an undertaking alone is not enough, and the same applies to the existing equity release policy of up to AED 300,000. Renovation funding cannot exceed 20% of the market value in any case, including direct payment to a contractor.
- Off-plan disbursal: the statement of account submitted before disbursal must be no more than seven calendar days old on the disbursal date.
Emirates NBD’s eligibility assessment and offer letter control.
What this means if you are comparing banks
Salary-transfer pricing is unchanged: 4.19% fixed for two years on Emirates NBD’s standard rows, with separate Abu Dhabi rows from 3.99%. If you cannot transfer your salary, Emirates NBD now offers its variable rate only, so it is worth comparing with fixed options elsewhere. Mortgease compares Emirates NBD with the rest of our panel of 18+ UAE banks and works out the cost for your case before anything is submitted.
See the Emirates NBD mortgage guide, use the Emirates NBD calculator, or review the latest UAE mortgage rates.