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Mortgage Calculator

Estimate your monthly payment and upfront costs based on current UAE bank rates — adjust the numbers below to match your budget and residency status.

Mortgage Details

Property Purchase Price

1,200,000 AED

AED

Residency Status

Down Payment

240,000 AED (20.0%)

AED

Loan Amount

960,000 AED (80.0%)

AED

Loan Period (Years)

25 Years

Annual Interest Rate

3.99%

Your Estimate

Estimated Monthly Payment

5,062 AED

Based on current settings

Interest Rate 3.99%

Loan Term 25 Years

Mandatory Upfront Costs

Down Payment 240,000 AED

DLD Transfer Fee (4%) 48,000 AED

Mortgage Registration (0.25% + 290) 2,690 AED

Total Mandatory Costs 290,690 AED

Additional costs to budget for: bank processing fees (2,500–15,000 AED), property valuation (2,500–5,000 AED), and life insurance, which most banks require based on age, health and loan amount.

Important Disclaimer

Interest rates shown (3.49%, 3.99%, 4.79%) are indicative only and subject to change. Actual rates depend on your profile, bank policies and current EIBOR rates.

Fees & costs shown are based on current government regulations. Bank fees, valuation costs and insurance vary by institution and property value.

Eligibility depends on income, existing debts, credit history and age (typically age + loan term ≤ 65–70 years). This calculator provides estimates only.

For a breakdown tailored to your situation, speak with a Spacesmith advisor.

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