Home UAE Mortgage Rates Mortgage Calculator Eligibility Calculator DBR Calculator Banks Projects Guides Blog Bank Updates FAQs About Get in touch

Can I switch my mortgage to another bank in the UAE?

A straight answer from the team that tracks every UAE bank’s verified pricing — commission-free.

Short answer below, then the detail — and if you want it applied to your own numbers, the calculator and a free advisor check are right here.

Verified UAE pricing · July 2026
from 3.75% p.a.
Lowest advertised fixed rate in our verified circular set — we confirm your personal rate free.

Lowest advertised verified rate — we confirm your personal rate free.

Estimated monthly payment
AED 9,490/mo
Loan AED 1,600,000

Answer: Yes — it's called a mortgage buyout, and it's routine. The new bank settles your old loan and re-registers the property. There's no 4% DLD fee because ownership doesn't change.

Typical timeline is 3–6 weeks. The full mechanics, costs and break-even math: UAE mortgage buyout guide — or see buyout pages for each bank, e.g. Emirates NBD and RAKBANK.

How Mortgease helps

  • We confirm how this applies to your profile across 15+ UAE banks — free, commission-free.
  • Verified pricing, not poster rates: see the live rate table and the UAE Rate Index.
  • Pre-approval typically within 24 hours.

Related questions

All questions →  ·  FAQs →  ·  Guides →