How is the UAE mortgage monthly payment calculated?

This tool uses the standard amortization formula: M = P [ i(1+i)^n ] / [ (1+i)^n - 1 ], where P is the loan amount (property price minus down payment), i is the monthly interest rate (annual rate divided by 12), and n is the total number of monthly payments (loan term in years multiplied by 12). This assumes a fixed rate for the full term.

What is the minimum down payment for a UAE mortgage?

Under UAE Central Bank mortgage cap rules, first-time buyers of a ready property typically need at least 20% down as a UAE or GCC national, or 25% down as an expatriate, for properties valued at AED 5 million or below. Above AED 5 million the minimum rises to 30% for nationals and 35% for expatriates. Off-plan properties carry a lower loan-to-value cap, commonly around 50% down, regardless of nationality. Banks may require more than the regulatory minimum, so confirm the exact figure with your lender.

Does this calculator include Dubai Land Department or transfer fees?

No. This tool calculates the loan repayment only. Buying property in the UAE also involves a Dubai Land Department (or equivalent emirate authority) transfer fee, typically around 4% of the property price, plus registration, agency, and mortgage registration fees, which this calculator does not include.

What interest rate and loan term should I use?

UAE mortgage rates are commonly quoted as fixed for an initial period (1 to 5 years) or variable, tracking EIBOR plus a bank margin, and typically fall in the 3.5% to 5.5% range depending on the bank and buyer profile. Loan terms usually run up to 25 years, subject to the borrower reaching a maximum age at term end. Use the rate and term quoted on your specific mortgage offer for the most accurate estimate.

Why does buyer type and property status affect the down payment?

UAE Central Bank mortgage cap regulations set different minimum down payment percentages for UAE/GCC nationals versus expatriates, and separately cap loan-to-value lower for off-plan property than for a completed, ready property. A larger required down payment reduces the loan amount, which lowers both the monthly payment and the total interest paid over the term.

UAE Mortgage Calculator

Name: UAE Mortgage Calculator
Availability: InStock
Author: Nham Vu

Enter your property price, buyer type, down payment, and interest rate to see your monthly payment, total interest, and a year-by-year repayment schedule for a UAE home loan.

Mortgage Details

Property Price (AED)

AED

Buyer Type

UAE / GCC National Expatriate

Property Status

Ready Property Off-Plan

Down Payment 25.0%

AED

Minimum down payment for this profile: 25.0% (AED 500,000)

Loan Term

Annual Interest Rate

Monthly Payment

Live calculation

Monthly Payment

AED 0.00

Loan Amount

AED 0

Total Interest

AED 0

Total Repayment

AED 0

Payoff Date

—

Year	Annual Payment	Interest Paid	Principal Paid	Balance

Summary

Enter your property price, buyer type, down payment, and interest rate to see your monthly payment, total interest, and a year-by-year repayment schedule for a UAE home loan.

How it works

Enter the property price in AED.
Select buyer type (UAE/GCC national or expatriate) and property status (ready or off-plan) to see the minimum down payment.
Enter your planned down payment amount; the down payment percentage updates automatically.
Choose the loan term in years and enter the annual interest rate.
Read the monthly payment, total interest, and total repayment figures as you type.
Expand the repayment schedule for a year-by-year breakdown of interest, principal, and remaining balance.

Use cases

An expat buyer checking the minimum down payment required for a ready property over AED 5 million.
A UAE national comparing the lower down payment requirement against an expat buyer for the same property.
Someone comparing off-plan financing, which carries a lower loan-to-value cap, against a ready property.
A buyer testing how a longer loan term lowers the monthly payment but raises total interest paid.
Anyone checking how much total interest builds up over a 25-year term before approaching a bank.
A buyer comparing monthly payments at different interest rate offers from competing banks.

Frequently Asked Questions

Last updated: 2026-07-26 · Reviewed by Nham Vu