What is the average interest rate for a mortgage in Dubai?

Depending on the lender and kind of mortgage package, the average interest rate for a mortgage in Dubai presently varies between 2.99% and 4.99%. The loan-to-value ratio, the borrower`s credit score, and the mortgage terms are some of the variables that affect these rates.

About Mortgage rate

Depending on the lender and kind of mortgage, the average interest rate in Dubai is between 2.99% and 4.99%. The loan-to-value ratio, the borrower`s credit score, and the particulars of the mortgage agreement are some of the factors that affect these rates. A two-year fixed rate from Emirates NBD of 2.99% and a three-month EIBOR variable rate from HSBC of up to 4.99% are two notable rates.

ALSO READ: Mortgage Calculator for Dubai