Home Loan Calculator UAE - Check Your EMI and Compare 18+ Banks
Home Loan Calculator UAE – Check Your EMI & Compare 18+ Banks
Calculate EMI instantly and get accurate insights for UAE mortgages. For your actual personalized rates, apply via LeoCompare's partner banks.
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Calculate Your Home Loan EMI
Use the calculator below to estimate your monthly payments. Enter your property price, down payment, loan tenure, and interest rate to see exact figures.
Important: Illustrative Calculations Only
*These calculations are illustrative estimates only and do not constitute a loan offer or commitment.
- •Actual interest rates, fees, and terms vary based on your credit profile, employment, and bank policies
- •EMI calculations use illustrative rates (3.89%–4.99%) for estimation purposes only
- •Complete the pre-approval form to get personalized quotes from multiple UAE banks
These are estimates based on your inputs
Calculator results use the interest rate you enter. Your actual rate depends on your nationality, credit profile, employment status, down payment amount, and property type. Apply for pre-approval to receive personalized rates from banks.
Key UAE Home Loan Rules by Residency Status
UAE Nationals
- LTV: 80–85%
- Down Payment: 15–20%
- Best interest rates
- Max tenure: 25 years
Resident Expats
- LTV: 75–80%
- Down Payment: 20–25%
- Standard market rates
- Max age at maturity: 70
Non-Residents
- LTV: 60–65%
- Down Payment: 35–40%
- Higher interest rates
- More documentation
Self-Employed
- 2+ years financials required
- Tax returns & audits needed
- Shorter max tenure
- Stricter approval criteria
Understanding DBR (Debt Burden Ratio)
DBR Formula
DBR = (Existing EMIs + New EMI) ÷ Monthly Income × 100
Maximum DBR allowed by UAE Central Bank: 50%
Example Calculation
- Monthly Income: AED 10,000
- Existing Car Loan: AED 1,500
- New Mortgage EMI: AED 3,000
- DBR Calculation: 45%
- ✓ Approved (Below 50% limit)
Important Notes
- •DBR includes all monthly debt payments
- •Car loans & credit cards count toward limit
- •Banks may apply additional scoring criteria
- •Higher DBR = stricter approval requirements
⚠️ Key Point:
Staying below 50% DBR ensures easier approval. Even if technically eligible at 50%, it's better to stay at 40-45% for better rates and faster approval.
UAE Home Loan Fees & Costs
Bank Processing Fee
0.5% of loan amount (capped at AED 2,500) + 5% VAT
Charged once at loan disbursement
Property Valuation Fee
AED 2,000–3,500
Required by bank for property assessment
Mortgage Registration (DLD Fee)
0.25% of loan amount + AED 290
Dubai Land Department registration
Insurance (Approx.)
AED 800–2,000 per year
Property or mortgage insurance (bank may require)
💡 Tip:
For a AED 1,000,000 loan, expect total upfront fees of approximately AED 7,500–12,000 (including VAT and insurance). Always ask your bank for exact fee breakdown before finalizing.
Documents Required for Home Loan Pre-Approval
Gather these documents before applying:
Emirates ID (valid copy)
Front and back
Passport Copy
Full book copy
Visa/Residency Copy
Current visa page
Salary Certificate or Trade License
For self-employed
Bank Statements
Last 3–6 months
Salary Slips
Last 3–6 months
Property Documents
If property is selected
Down Payment Proof
Bank statements showing funds
📌 Self-Employed Applicants:
Additional documents: 2+ years audited financial statements, business trade license, and proof of business ownership.
Find Your Buyer Profile & Next Steps
First-Time Buyers
Get personalized guidance for your first home purchase with eligibility-based recommendations.
Learn MoreInvestors
Compare investment property financing options and understand portfolio loans.
ExploreSelf-Employed
Understand requirements and get approved with additional business documentation.
DetailsOff-Plan Buyers
Learn about off-plan property financing with construction-linked payment plans.
ViewFrequently Asked Questions
How accurate is the home loan calculator?▼
The calculator provides accurate EMI estimates based on the interest rate you enter. It uses standard mortgage calculation formulas. Your actual rate will depend on your nationality, credit score, employment status, down payment percentage, and specific property details. After calculating, apply for pre-approval to receive personalized rates from banks.
What interest rate should I use in the calculator?▼
Use market-current rates: UAE Nationals typically qualify for 3.49-4.25%, Resident Expats 3.75-4.50%, and Non-Residents 4.25-4.75%. A safe middle estimate is 4%. Your actual rate depends on your profile. Always apply for pre-approval to get exact rates tailored to your situation.
What components are included in the monthly EMI?▼
The EMI includes principal repayment and interest charges only. Costs NOT included: property insurance (AED 800-2,000 annually), life/mortgage insurance (if required), maintenance fees for apartments, property registration fees, and utilities. Calculate these separately to understand your total housing costs.
What are the down payment requirements for UAE home loans?▼
Down payment requirements vary by residency: UAE Nationals require 15-20% down payment (can finance up to 80-85%), Resident Expats require 20-25% (can finance 75-80%), and Non-Residents require 35-40% (can finance 60-65%). Higher down payments typically qualify for better interest rates.
How do I know if I am eligible for a home loan?▼
Basic eligibility requires: valid UAE residency, minimum monthly income (typically AED 5,000+), acceptable credit score (600+), and employment/business history. Your DBR (Debt Burden Ratio) must not exceed 50% of your monthly salary. Apply for pre-approval to confirm exact eligibility based on bank criteria.
Can I use this calculator for off-plan properties?▼
Yes, the calculator works for both ready and off-plan properties. However, off-plan financing has different terms: payment plans are construction-linked, interest charges may apply during construction, and loan disbursement happens in stages. Get personalized quotes for your specific off-plan project during pre-approval.
What is DBR and why does it matter?▼
DBR (Debt Burden Ratio) = (Total Monthly Debts ÷ Monthly Income) × 100. UAE banks limit DBR to maximum 50%. This includes your new mortgage EMI plus any existing loans. If you earn AED 10,000/month and have AED 2,000 in existing debts, your available mortgage EMI is only AED 3,000.
What happens after I use the calculator?▼
After calculating your estimated EMI, the next step is to apply for pre-approval to get actual rates from banks. Pre-approval is free, requires 2-3 days, and shows personalized offers based on your financial profile. You receive pre-approval letters to strengthen your position when negotiating with sellers.
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Now that you've estimated your EMI and understand UAE mortgage rules, get personalized pre-approval offers from 18+ banks. It's free, takes 2 minutes, and shows your actual rates.
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