Tools

Mortgage calculator

Work out the monthly payment, the cash you need on day one and what the loan costs you over its life. Everything updates as you move the sliders.

Property price AED 1,500,000

AED 300K – AED 20M

Down payment 20% · AED 300,000

UAE lenders normally require at least 20% for a first residential property, 25% for a second, and more for non-residents.

Interest rate 4.25%

Annual, reducing balance

Term 25 years

Most UAE lenders cap the term at 25 years

What the calculator assumes

Useful for a first look. A lender’s offer will differ once income, liabilities and the specific building are assessed.

Repayment basis

Standard amortising loan on a reducing balance, with the rate fixed for the whole term. Most UAE products are fixed for one to five years and then float.

Purchase costs

DLD transfer at 4% plus admin, agency at 2%, and a mortgage arrangement fee around 1% of the loan. Valuation and trustee fees are extra.

Not included

Life and property insurance, service charges, and the debt-burden cap lenders apply to your total monthly commitments.