Use our free mortgage calculator to estimate your monthly mortgage repayments for properties in Dubai, helping you plan your budget before applying for a mortgage.
Use our mortgage calculator to estimate your monthly repayments based on your property value, deposit, mortgage product and loan term.
Our Dubai mortgage calculator provides a quick and easy way to estimate your monthly mortgage repayments. Simply adjust the four factors below to compare different borrowing scenarios and see how they could affect your monthly payments.
01. Property price
Enter the purchase price of the property you’re considering. We’ve used AED 2,000,000 as a starting point, but you can adjust this to match the property you’re interested in.
Your deposit is the amount you contribute towards the property purchase. We’ve set the default to 20%, reflecting the minimum typically required for eligible UAE-resident buyers.
The interest rate is the cost of borrowing your mortgage. We’ve used 3.99% as the default, representing a competitive three-year fixed mortgage currently available in the UAE.
The loan term is the length of time over which you’ll repay your mortgage. We’ve set the default to 20 years, providing a realistic repayment period for many buyers.
Your monthly mortgage repayment is influenced by several factors. Before applying for a mortgage, it’s worth understanding how these factors can influence your monthly repayments.
✓ A larger deposit reduces the amount you need to borrow and your monthly repayments.
✓ Lower interest rates can make a significant difference over the life of your mortgage.
✓ Longer loan terms reduce monthly repayments but increase the total interest paid.
✓ Residency status affects the minimum deposit required and the mortgage products available.
✓ Income and existing debt influence how much you can borrow.
Find answers to some of the most common questions about mortgages, repayments and using our Dubai mortgage calculator.
A mortgage calculator estimates your monthly mortgage repayments based on factors such as the property price, deposit, interest rate and loan term. By adjusting these inputs, you can quickly compare different borrowing scenarios and understand how changes to your mortgage could affect your monthly budget. While the results provide a useful estimate, your actual repayments will depend on the mortgage product and lender you choose.
Our mortgage calculator provides an estimate based on the information you enter. Your actual monthly repayments may differ depending on the mortgage product, interest rate, lender fees and your individual circumstances. For a personalised illustration and advice tailored to your situation, we recommend speaking with one of our mortgage advisers.
The minimum deposit depends on your residency status and the value of the property. For properties below AED 5 million, UAE Nationals require a minimum 15% deposit and expatriate residents require 20%. For properties above AED 5 million, the minimum deposit increases to 25% for UAE Nationals and 30% for expatriate residents. Non-resident buyers typically require a deposit of 35–40%, regardless of the property value.
The interest rate you enter should reflect the type of mortgage product you’re considering. As a starting point, we’ve used 3.99%, representing a competitive 3 year fixed-rate mortgage currently available in Dubai. Mortgage rates vary between lenders and products, so your actual rate may differ depending on your circumstances and the options available when you apply.
Most mortgage providers in the UAE offer loan terms of up to 25 years, although the maximum available term may depend on your age, residency status and lender criteria. A longer mortgage term can reduce your monthly repayments, but it will usually increase the total amount of interest paid over the life of the mortgage.
Yes. Many UAE banks offer mortgages to non-resident buyers, although eligibility criteria, maximum loan-to-value ratios and available mortgage products may differ from those offered to UAE residents. If you’re purchasing property from overseas, Patterson & Co can help you understand your options and identify lenders that suit your circumstances.
No. This calculator estimates your monthly mortgage repayments only. When purchasing a property in Dubai, you should also budget for additional costs such as the Dubai Land Department transfer fee, mortgage registration fees, bank arrangement fees and valuation costs. Our advisers can explain the full costs involved before you proceed with your purchase.
Once you’ve estimated your monthly repayments, the next step is to speak with an experienced mortgage adviser. We’ll help you understand your borrowing options, compare suitable mortgage products and guide you through the pre-approval process, giving you confidence before you begin your property search or make an offer.
A mortgage calculator is a great starting point, but a mortgage pre-approval provides a clearer understanding of how much you could borrow based on your circumstances.
Take the next steps with a free consultation with Patterson Mortgages. We’ll discuss your circumstances, answer your questions and explain the mortgage options available to you.
