Estimate your monthly mortgage payment.

What affects your monthly payment

• Property price & deposit — a bigger deposit means a smaller loan and lower repayments. Residents typically need 20% down on a first home under AED 5M.
• Interest rate — fixed rates give certainty; variable rates track EIBOR and can move over time.
• Tenure — up to 25 years. A longer term lowers the monthly payment but increases total interest paid.

Want the detail? Read how to estimate your monthly payment, or the full cost of buying property in Dubai.

How the monthly payment is actually calculated

The figure above is an EMI — an equal monthly instalment. Every payment covers the interest accrued that month plus a slice of the capital, and because the balance falls each month, the interest share shrinks and the capital share grows. Early on you are mostly paying interest; late on you are mostly paying down the loan. That is why overpaying early saves disproportionately more than overpaying late.

Three inputs drive it: the amount borrowed, the rate, and the number of months. Nothing else. Fees, insurance and the deposit sit outside the EMI, which is why the calculator's number is not the whole cost of ownership.

A worked example

On a property at AED 1,500,000 with the standard 20% resident deposit, you borrow AED 1,200,000. Over 25 years at an indicative 4.25%, the EMI lands near AED 6,500 a month. But you also need roughly AED 105,000 in cash on top of the AED 300,000 deposit — 4% to the Dubai Land Department, about 2% agency commission, 0.25% mortgage registration, plus valuation and the bank's arrangement fee. None of that can be added to the loan.

What the bank adds that this calculator does not

• A stress test. Lenders do not assess you at the rate you will pay. They test affordability at a higher figure — commonly around 6.25% — so the amount approved is usually lower than a calculation at today's rate suggests.
• The 50% debt burden ratio. The UAE Central Bank caps your total monthly commitments at half your income. An existing car loan or credit card minimum comes straight off what is available for a mortgage, so two people on identical salaries can be approved for very different amounts.
• Your age. The loan must finish by 65 if you are salaried, or 70 if self-employed. At 50 and salaried that caps the term at 15 years, which raises the monthly payment and tightens the DBR test further.
• Life and property cover. Both are required, and both are ongoing costs the EMI does not include.

Run your own numbers through the debt burden ratio calculator and the affordability calculator to see how those constraints change the answer.

From estimate to approval

The calculator is a starting point. Your real rate depends on your income, residency and the lender. We compare every major UAE bank — including Emirates NBD, FAB and HSBC — to find your sharpest option, whether you’re a resident or buying from abroad.