UAE Mortgage Rate Index
The monthly benchmark of advertised UAE mortgage rates — compiled from verified bank circulars. July 2026 edition.
July 2026 index constituents
| Bank | Best advertised fixed (STL) | Verified | Source |
|---|---|---|---|
| Arab Bank | 3.78% (2-yr, handover programme) | 11 May 2026 | Circular → |
| United Arab Bank | 3.89% (1–2 yr) | 24 Jun 2026 | Circular → |
| RAKBANK | 3.99% (2-yr, Elite STL) | 29 Apr 2026 | Circular → |
| Emirates Islamic | 3.99% (up to 3-yr) | 2 Jul 2026 | Circular → |
| Ajman Bank | 4.09% (2-yr, lowest LTV band) | 15 May 2026 | Circular → |
Excluded this month: ADIB (3.99% buyout campaign ended 30 Jun; successor pricing pending), Standard Chartered (publishes an internal funding ladder, not a client headline rate), and banks without a rate circular in the 90-day window. Full change log: Bank Updates →
What moved
- Emirates Islamic cut its reversion margin to 3M EIBOR + 1.79% (from +1.99%) and published fixed rates from 3.99%, valid to 31 August — margin competition is extending beyond headline rates into the post-fixed period.
- CBD withdrew its April LTV restrictions — expat first homes under AED 5M return to 80% financing, a clear loosening signal.
- June saw 7 tracked moves, including UAB's new 3.89% short-term fixed and HSBC waiving processing fees with up to AED 16,000 cashback for Premier Elite clients.
“The story this month isn’t the headline rates — it’s the margins. When banks start competing on the reversion rate and loosening LTVs in the same month, they’re competing for borrowers across the whole life of the loan. For buyers, that’s the strongest negotiating position we’ve seen this year.”
Anil · Managing Director, Mortgease
21+ years in UAE banking · available for media comment
Methodology & citation
Methodology: Mortgease receives and verifies official rate circulars from UAE banks as an active brokerage. Each month, every bank with a verified circular in the preceding 90 days contributes its lowest advertised salary-transfer fixed rate; the index is the simple average. Internal funding ladders, expired campaigns and unverified rates are excluded. The index reflects advertised pricing — individual rates depend on profile, LTV and salary transfer.
Citation: the index is free to use with attribution to the “Mortgease UAE Mortgage Rate Index” and a link to this page. Media enquiries and interview requests: enquiries@mortgease.ae · +971 50 112 8755.
Full bank-by-bank rate tracker → · EIBOR today → · Every tracked circular →