If you are checking UAE mortgage rates today, here is the short version for early November 2026: the Central Bank of the UAE (CBUAE) base rate is 3.90%, the 3-month EIBOR fixing is about 4.34%, advertised fixed rates from the larger banks sit roughly between 3.75% and 4.75% for one- to three-year terms, and variable rates are quoted as EIBOR plus a bank margin, which works out to roughly 5.3% to 6.3% today. This page gives you the dated numbers, a bank-by-bank table, and a worked monthly payment on AED 1.5 million so you can see what the autumn rise actually does to a real instalment.
Published: 4 November 2026
A note on how we built this page. Mortgage rates change by the week, and the rate sites do not all update at the same time. Every figure below is tagged with the date and the source it came from. Where two sources disagreed, we say so instead of picking one. The official CBUAE EIBOR page would not load for our research tool on the day of writing, so the EIBOR figures come from sites that republish the Central Bank’s daily fixing. Treat all bank rates as advertised starting rates, not offers, and confirm them with the bank or a mortgage consultant before you rely on them.
UAE mortgage rates today: the numbers in one place
Direct answer: on 3 November 2026 the 3-month EIBOR was about 4.34%, the CBUAE base rate was 3.90%, and typical variable mortgage pricing was EIBOR plus 1.00% to 1.99%.
| Benchmark | Latest figure | Date and source |
|---|---|---|
| CBUAE base rate (overnight deposit facility) | 3.90% | Held on 28 October 2026 (Gulf News, Zawya, Trading Economics) |
| 3-month EIBOR | about 4.34% | Fixing of 30 October, value date 3 November (FCMB, republishing the CBUAE fixing); Trading Economics showed 4.28% on 3 November |
| 1-month EIBOR | about 4.08% | Same fixing |
| 6-month EIBOR | about 4.70% | Same fixing |
| 12-month EIBOR | about 4.87% | Same fixing |
| Advertised fixed rates | about 3.75% to 4.75% | Bank comparison tables refreshed 2 November 2026 |
| Advertised variable margins | EIBOR + 1.00% to 1.99% | Same tables |
Two things stand out. First, the EIBOR curve slopes upward: 1-month is about 4.08%, 12-month about 4.87%. A bank that prices off the 1-month rate and a bank that prices off the 6-month rate can quote the same margin and still charge you very different rates. Second, the base rate and EIBOR are different things. The base rate is the Central Bank’s own policy rate. EIBOR is what banks charge each other, and it is what your variable mortgage actually follows. If that distinction is new to you, our guide on how EIBOR works explains it, and we will not repeat it here.
What is the CBUAE base rate today? (Sources disagree, here is why)
Direct answer: the base rate is 3.90%. It was raised by 0.25 percentage points in mid-September 2026 from 3.65%, then held on 28 October 2026.
If you have seen both 3.65% and 3.90% quoted, you have not misread anything. Some rate pages were last updated before the September rise and still show 3.65%, which was the level held through the first half of 2026 (Trading Economics lists a hold at 3.65% on 18 June 2026). Gulf News and Zawya both report the CBUAE keeping the base rate at 3.9% on 28 October, following the US Federal Reserve’s decision to leave its own reserve-balance rate unchanged. Trading Economics dates the rise to 16 September, while our earlier coverage of the September rate hike and its mortgage impact gave 17 September, so sources differ by a day on the exact date. The figure itself, 3.90%, is consistent across all the sources we could open.
One more caution: we also came across a page quoting a base rate of 5.40% for July 2026. That conflicts with the CBUAE announcements reported above, so we ignored it. This is why a rate tracker has to name its sources.
3-month EIBOR history: the autumn rise in dated fixings
Direct answer: 3-month EIBOR moved from about 4.00% in early September to about 4.3% to 4.4% by October, and has stayed in that band since.
| Date | 3-month EIBOR | Source |
|---|---|---|
| 3 September 2026 | 4.00% | Mortgease EIBOR page |
| 5 October 2026 | 4.30% | Fixing reported by Trading Economics |
| 8 October 2026 | 4.39% | CBUAE daily fixing as shown on Mortgease |
| 22 October 2026 | 4.43% | Al Masraf rates page |
| 30 October 2026 (value 3 November) | 4.34% | FCMB, republishing CBUAE |
| 3 November 2026 | 4.28% | Trading Economics |
These come from different sites and different fixing dates, so small gaps (4.28% versus 4.34% on the same day) reflect the fixing date and rounding, not an error. The direction is what matters. Since early September, 3-month EIBOR has risen by roughly 0.3 to 0.4 percentage points, which is bigger than the 0.25-point base-rate move. A variable-rate borrower felt more than the headline hike. We did not find a verified monthly series for the earlier months of 2026 this session, so we are not going to guess at it. If you want the full back-history, the CBUAE publishes the daily fixings on its own site.
Bank-by-bank: advertised fixed and variable rates (2 November 2026)
Direct answer: among the banks in the comparison table we used, advertised fixed starting rates run from 3.75% (Sharjah Islamic Bank, one year) to 4.74% (Mashreq, two years), and variable margins run from EIBOR + 0.30% to EIBOR + 1.99%.
The table below comes from MortgageCompare’s page, which stated that its rates were refreshed on 2 November 2026. Its stated assumptions are a salaried borrower with a salary transfer, a first home under AED 5 million, and 80% loan-to-value. It also says rates without a salary transfer are typically 0.15% to 0.50% higher.
| Bank | Advertised fixed rate | Fixed term | Variable after the fixed period |
|---|---|---|---|
| Sharjah Islamic Bank (Islamic) | 3.75% | 1 year | EIBOR + 1.75% |
| United Arab Bank | 3.89% | 1 to 2 years | EIBOR + 1.79% |
| First Abu Dhabi Bank | 3.99% | 1 to 3 years | EIBOR + 1.50% (salary transfer) or + 1.89% (no salary transfer) |
| Arab Bank | 3.99% | 2 years | 6-month EIBOR + 1.89% |
| Dubai Islamic Bank (Islamic) | 4.10% | 3 years | EIBOR + 1.00% |
| ADCB | 4.13% | 1 to 3 years | EIBOR + 1.50% |
| ADIB (Islamic) | 4.14% | 2 to 3 years | 1-month EIBOR + 1.60% |
| Emirates NBD | 4.19% | 2 years | 1-month EIBOR + 1.99% |
| HSBC UAE | 4.29% (Premier/Private tier) | 1 year | EIBOR + 1.09% |
| Mashreq | 4.49% to 4.74% | 2 years | 3-month EIBOR + 1.75% |
| Standard Chartered | Variable only | None | 3-month EIBOR + 0.30% from the first payment |
A few honest caveats. Another comparison dated 14 October put FAB, ADIB and ADCB “from 3.99%”, while this 2 November table shows ADCB at 4.13% and ADIB at 4.14%, so banks have likely repriced in between and a rate from a page a few weeks old may already be stale. One source also reported that a bank repriced its rates upward on 5 October. Lowest advertised rates often depend on a salary transfer, a short fixed term, an LTV below the maximum, or a premium account tier, so the headline number is a starting point and not the rate every applicant gets. We could not verify a rate for every UAE bank this session, so banks not listed here are simply omitted rather than guessed. For a wider look at lenders beyond rates, see our comparison of the best mortgage banks in the UAE.
What does a variable rate cost today? A worked AED 1.5 million example
Direct answer: on a AED 1.5 million loan over 25 years, a variable rate of EIBOR 4.34% plus a 1.50% margin (5.84%) costs about AED 9,518 a month, compared with about AED 7,909 at an advertised 3.99% fixed rate.
We anchor the example to the real benchmark: 3-month EIBOR of about 4.34% (the 30 October fixing, value 3 November 2026). FAB and ADCB both advertise a 1.50% margin on their variable pricing in the table above, so we use that. The loan is AED 1.5 million over 25 years with equal monthly instalments. These are our own calculations from the standard repayment formula, rounded to the nearest dirham, and they exclude fees and insurance.
| Scenario | Annual rate | Monthly instalment |
|---|---|---|
| Fixed at 3.99% (advertised, FAB/Arab Bank) | 3.99% | about AED 7,909 |
| Variable, 3-month EIBOR 4.00% (early September level) + 1.50% | 5.50% | about AED 9,211 |
| Variable, 3-month EIBOR 4.34% (today) + 1.50% | 5.84% | about AED 9,518 |
| Variable, EIBOR 4.34% + 1.00% (best advertised margin) | 5.34% | about AED 9,069 |
| Variable, EIBOR 4.34% + 1.99% (widest advertised margin) | 6.33% | about AED 9,969 |
| Today’s variable plus a further 1% rise in EIBOR | 6.84% | about AED 10,449 |
What the table shows:
- The autumn rise has already cost a variable borrower about AED 300 a month. Moving from the early-September EIBOR of 4.00% to 4.34% on the same margin lifts the instalment from about AED 9,211 to about AED 9,518.
- The margin matters as much as the benchmark. The gap between a 1.00% margin and a 1.99% margin is about AED 900 a month on this loan, which is far more than the move in EIBOR since September.
- A fixed rate is much cheaper today, but only for the fixed period. The roughly AED 1,600 monthly gap between 3.99% fixed and 5.84% variable closes or reverses when the fixed period ends and the loan reprices to EIBOR plus the bank’s margin.
For the first-month interest alone on this loan at 5.84%, the bank charges roughly AED 7,300 (AED 1.5 million times 5.84% divided by 12). That is the number to compare against your rent if you are weighing a purchase. For a longer stress test, see our worked example of what a 1% rate rise does to a variable mortgage.
Which EIBOR tenor does your bank use?
Direct answer: your rate depends on which EIBOR tenor your bank follows, and today the choice moves the rate by up to about 0.3 percentage points.
In the table above, Emirates NBD and ADIB price off the 1-month EIBOR, Mashreq and Standard Chartered off the 3-month, and Arab Bank off the 6-month. Today the 1-month fixing is about 4.08% and the 3-month about 4.34%. On the same AED 1.5 million loan, ADIB’s 1-month EIBOR plus 1.60% gives about 5.68% (roughly AED 9,373 a month), against 5.84% (about AED 9,518) for a 3-month EIBOR plus 1.50% loan. The lower margin was not the cheaper deal here, the shorter tenor was. A 1-month benchmark also reacts faster when rates move in either direction, so it is a different risk profile as well as a different price. Ask your bank for three facts in writing: the tenor, the margin, and how often the rate resets.
What to do this month, by type of borrower
Direct answer: the right move depends on whether you are on a variable rate, coming off a fixed period, or applying for the first time.
If you are on a variable rate. Your payment has probably already risen since September. Check your latest statement for the EIBOR tenor and margin. If your margin is near the top of the advertised range, a refinance may be worth pricing, but read the settlement terms first. UAE rules limit early settlement fees, which our guide on the early settlement penalty cap walks through.
If your fixed rate is about to end. The danger is the jump to EIBOR plus margin. With 3-month EIBOR near 4.34%, a loan that was fixed at 3.99% will reprice upwards on the bank’s formula unless you renew or move. Start looking at least a few months before roll-off. Our guide on what happens when a fixed-rate mortgage ends covers the steps.
If you are applying for a new mortgage. Compare the fixed rate, the reversion formula and the fixed period together, not the headline rate alone. The choice of term is its own decision, covered in 1-year, 3-year or 5-year fixed, and the broader trade-off in fixed vs variable rate mortgages. Also check that you can afford the payment at the reversion rate, not just the introductory rate. A salary transfer can cut your margin, as explained in our salary transfer guide.
What these rates do not include
Direct answer: the advertised rate is only the interest rate, so your real cost is higher once fees and insurance are added.
Typical extras are the bank’s processing fee, valuation fee, mortgage registration fee at the Dubai Land Department, and life and property insurance. We cover each of these in the real cost of buying property in Dubai. We have not put figures for these fees in this page because they vary by bank and emirate and we did not verify a single set of current figures this session. Ask the bank for a written fee schedule.
If you are a non-resident wondering how much banks will actually lend you at these rates, this guide to whether a foreigner can get a mortgage in Dubai and what LTV banks really approve is a useful next read.
How this page will be updated
Rates move, so we will keep this page dated. Each update will carry its own date and sources. If a figure here is more than a few weeks old by the time you read it, treat it as history and check the current EIBOR fixing and the bank’s own rate page. The CBUAE publishes the EIBOR fixings; bank sites publish their own current offers.
FAQs about UAE mortgage rates today
What is the average UAE mortgage rate today?
There is no single official average. Advertised fixed starting rates in early November 2026 ran from about 3.75% to 4.75% for one- to three-year terms in the comparison we used, and variable rates were EIBOR plus 1.00% to 1.99%, or roughly 5.3% to 6.3% at today’s EIBOR.
What is the CBUAE base rate right now?
3.90% as of 3 November 2026. It was raised from 3.65% in mid-September and held on 28 October. Pages still showing 3.65% are out of date.
What is 3-month EIBOR today?
About 4.34% on the 30 October fixing (value date 3 November), with Trading Economics showing 4.28% on 3 November. Check the CBUAE fixing for the exact daily figure.
Are UAE mortgage rates going up or down?
Since early September, 3-month EIBOR has risen from about 4.00% to around 4.3% to 4.4%, and the base rate rose 0.25 points. We do not forecast future moves. Several banks reprice fixed rates without notice, so rates can differ from week to week.
Is it better to fix or go variable now?
A fixed rate is cheaper today and protects you for the fixed period, but resets to EIBOR plus margin afterwards. A variable rate moves with EIBOR. The right choice depends on your budget buffer and how long you plan to keep the loan. See our fixed vs variable guide linked above.
Why do two banks with the same margin charge different rates?
They may follow different EIBOR tenors. Today the 1-month fixing is about 4.08% and the 6-month about 4.70%, so the same margin gives different final rates.
Does a salary transfer lower my rate?
Often, yes. FAB, for example, advertises EIBOR plus 1.50% with a salary transfer and plus 1.89% without. The comparison source also notes that non-salary-transfer rates are typically 0.15% to 0.50% higher.
Can I get the lowest advertised rate?
Not always. Lowest rates usually assume a salaried borrower, salary transfer, a first home under AED 5 million, 80% loan-to-value and a short fixed term. Your own rate depends on your profile.
How much is the monthly payment on a AED 1.5 million mortgage?
Over 25 years, about AED 7,909 at 3.99% fixed and about AED 9,518 at 5.84% variable, before fees and insurance. These are our own calculations.
Should I wait for rates to fall before buying?
We cannot predict rates. Waiting has its own costs, such as rent and price changes. A better test is whether you can afford the payment at a rate 1 percentage point higher than today.
Talk to Al Ghaf about your rate
Al Ghaf Mortgage offers two services: Mortgage Consulting and Banking Consultation. If you want help comparing the fixed period, margin and EIBOR tenor across banks for your own situation, contact Al Ghaf or message us on WhatsApp.
Message Al Ghaf on WhatsApp: +971 50 127 6925
Rates and benchmarks on this page were checked on 3 November 2026 and are for information only. They are not an offer of credit. Confirm current pricing with the bank.