- FAB's fixed rate is 3.99% (1, 2 and 3-year terms) or 4.19% (5-year term) with salary transfer and a FAB credit card, rising to 4.24%/4.44% without salary transfer, per bankfab.com, seen 14 July 2026.
- Once the fixed period ends, the loan converts to 3-month EIBOR + 1.5% (salary transfer) or EIBOR + 1.89% (no salary transfer), with a 1.99% floor. At today's 3-month EIBOR of roughly 3.75-3.95%, that prices out to an effective ~5.25-5.45% with salary transfer.
- First-time buyers can borrow up to 85% of the property's value; FAB's general Key Facts Statement separately states 85% LTV for UAE nationals and 80% for expatriates, with loans up to AED 20 million.
- Non-residents get 50% LTV, up to AED 10 million, confirmed on FAB's own first-time-homeowner page — but FAB does not publish which nationalities qualify, and its non-resident-specific page only promises "competitive variable rates linked to EIBOR or MBR" without restating a fixed margin.
- FAB's official Key Facts Statement lists a standard processing fee of 1.05% of the loan amount (minimum AED 5,250), waived entirely for salaried first-time buyers and discounted 50% for non-salaried applicants — that discount is where a lower ~0.525% figure sometimes quoted for FAB comes from.
- Early and partial settlement are both capped at 1.05% of the relevant balance, subject to a maximum of AED 10,500 — identical across full repayment, partial prepayment, and switching lenders.
- FAB is not one of the five banks (CBD, DIB, Emirates NBD, Emirates Islamic, Mashreq) partnered with Dubai's First-Time Home Buyer Programme, but it does run its own separate FAB Green Mortgage for certified sustainable properties.
FAB — First Abu Dhabi Bank, the UAE's largest bank by assets — publishes more granular mortgage detail than most of its competitors: a specific processing-fee structure, a capped early-settlement fee, and separate loan-to-value rules for residents, first-time buyers and non-residents. That level of detail is useful, but it is also spread across several different pages and a Key Facts Statement (KFS) PDF that do not always use identical wording, which is exactly the kind of gap that lets outdated or approximate numbers circulate. This guide pulls every figure directly from bankfab.com and FAB's own KFS document, checked on 14 July 2026, and flags the handful of places where the bank's own pages do not fully agree with each other. It is a single-bank deep dive — for how FAB stacks up against Emirates NBD, ADIB and HSBC, and for the mechanics of EIBOR and fixed-versus-variable pricing generally, this article links out to our dedicated comparison pieces rather than repeating them. Last updated: July 2026.
FAB Home Loan Rates in 2026: Fixed and Variable, With and Without Salary Transfer
FAB's fixed-rate mortgage for UAE residents is priced identically across the 1, 2 and 3-year terms, with a step up for the 5-year term, and the entire fixed-rate table is split by whether the borrower transfers their salary to a FAB account and takes a FAB credit card. As published on bankfab.com's residences and investment mortgage page, seen 14 July 2026:
| Fixed term | With salary transfer + FAB card | Without salary transfer |
|---|---|---|
| 1 year | 3.99% | 4.24% |
| 2 years | 3.99% | 4.24% |
| 3 years | 3.99% | 4.24% |
| 5 years | 4.19% | 4.44% |
Once any of those fixed periods expires, the loan converts to FAB's variable rate: 3-month EIBOR + 1.5% with salary transfer, or EIBOR + 1.89% without, subject to a 1.99% floor in both cases. That floor is a downside protection for the bank, not a ceiling — it only becomes relevant if EIBOR falls to unusually low levels, which is not the current environment. For the underlying mechanics of why almost every UAE mortgage eventually prices off EIBOR regardless of how it starts, see our fixed vs variable mortgage guide, which covers the EIBOR mechanism and break-even math in depth.
What FAB's Variable Rate Actually Costs at Today's EIBOR
Headline margins only mean something once you attach a live EIBOR reading to them. Through mid-2026, 3-month EIBOR has been trading in a roughly 3.75-3.95% range, with the UAE Central Bank's own base rate at 3.65% and the US Federal Reserve holding its funds rate at 3.50-3.75% since 17 June (its fourth consecutive hold, with the next decision due 28-29 July). Applying that range to FAB's published margins produces the following, purely as arithmetic on FAB's own published terms — not a quoted rate, and not an "average Dubai mortgage rate":
| FAB variable structure | Margin | Effective rate at 3.75% EIBOR | Effective rate at 3.95% EIBOR |
|---|---|---|---|
| With salary transfer | EIBOR + 1.5% | 5.25% | 5.45% |
| Without salary transfer | EIBOR + 1.89% | 5.64% | 5.84% |
At today's EIBOR, FAB's fixed rate (3.99% with salary transfer) comfortably beats what the same borrower would pay on the variable rate once any fixed period ends — a pattern consistent with the broader Dubai market this year, which our bank-by-bank rate comparison covers across lenders. Run your own numbers on FAB's published rates using our mortgage calculator.
How Much You Can Borrow: FAB's LTV Rules
FAB's own residences-and-investment page states first-time buyers can borrow "up to 85% financing." FAB's Key Facts Statement for its residential mortgage product — titled "Home Loan for Residences and Investments in UAE (For Residents & Non-Residents)" — separately states borrowers can access up to 85% of a home's value for UAE nationals and 80% for expatriates, with loans available up to AED 20 million. Those two figures are not necessarily in conflict: the 85% first-time-buyer ceiling on the product page appears to sit within the same 85%/80% national/expatriate split the KFS describes for the broader product, rather than replacing it. Either way, 85% LTV is the ceiling to plan around for a first-time UAE national buyer, and 80% for an expatriate first-time buyer, both over a standard tenure of up to 25 years, which FAB's own KFS illustrates directly through EMI tables built on 15, 20 and 25-year terms.
For how the UAE's loan-to-value framework works more broadly — including the Central Bank's off-plan and second-property rules that sit above any individual bank's policy — see our UAE LTV rules guide.
A salaried UAE resident buying a first home worth AED 2,000,000 qualifies for FAB's 85% first-time-buyer LTV, borrowing AED 1,700,000 against a 15% down payment of AED 300,000. Taking the 3-year fixed rate at 3.99% with salary transfer over a 25-year term produces an indicative monthly instalment of roughly AED 8,960. Because she is a salaried first-time buyer, FAB's standard 1.05% processing fee (which would otherwise run to roughly AED 17,850 on this loan size) is waived entirely, per FAB's published fee schedule. The same loan without salary transfer, at 4.24%, would run closer to AED 9,190 a month — a modest but real gap of around AED 230 monthly, or roughly AED 2,760 a year, purely from the salary-transfer discount.
Salary transfer is doing real work in FAB's pricing on both the rate and the fee side — for a fuller look at how that trade-off plays out across UAE banks generally, not just FAB, see our salary transfer vs non-salary transfer guide.
FAB Mortgages for Non-Residents: 50% LTV, No Published Nationality List
FAB offers a dedicated non-UAE-resident mortgage, described on its own non-UAE-residents mortgage page as financing "for non-UAE residents looking for investment properties in the UAE," with loan amounts up to AED 10 million. FAB's first-time-homeowner page states the same product explicitly as "borrow up to 50% of the property's value," confirming the 50% LTV ceiling for non-residents that several third-party aggregators also cite. Both figures — 50% LTV and the AED 10 million cap — are consistent across FAB's own pages, so this pairing can be treated as reliably published.
What is not published anywhere on FAB's site is a list of eligible nationalities. Unlike some UAE lenders that name specific passport-holder groups they will and will not lend to, FAB's non-resident page is silent on nationality restrictions, stating only that applicants should "contact one of our specialists directly" or call FAB's customer service line to check eligibility. We are not going to guess at that list here — if a specific nationality's eligibility matters to your application, confirm it directly with FAB rather than relying on any published or third-party source, including this one.
It is also worth noting that FAB's non-resident page describes rates only in general terms — "competitive variable rates with an option to link to EIBOR or MBR" — without restating the specific EIBOR + 1.5%/1.89% margins quoted for resident borrowers. Non-resident applicants should not assume the resident margin automatically carries over; treat it as a starting point for a conversation with the bank, not a quoted rate. For the wider non-resident mortgage landscape across UAE banks, including which lenders publish clearer non-resident terms, see our non-resident mortgage guide.
FAB's Fees: Processing, Early Settlement and What Gets Waived
FAB's Key Facts Statement for its residential mortgage sets out the standard processing fee as 1.05% of the loan amount, subject to a minimum of AED 5,250 for new loans and top-ups, charged once at approval and non-refundable. Critically, this processing fee does not apply to buyout loans — loans used to refinance an existing mortgage from another bank — which matches what several borrowers describe as FAB's "nil on buyout" processing policy.
Separately, FAB's residences-and-investment product page describes discounts layered on top of that standard 1.05%: the fee is waived entirely for salaried first-time property buyers and for borrowers making handover payments directly to a developer, and discounted by 50% for non-salaried customers, with the total capped at AED 25,000 regardless of loan size. That 50% discount on the standard 1.05% fee works out to an effective 0.525% for a non-salaried applicant — which is likely the source of the lower processing-fee figure sometimes quoted for FAB elsewhere. The two published numbers are not actually in conflict, but they describe different borrower categories, and it is worth knowing which one applies to you before assuming either figure as a quote.
| Fee | Amount | Notes |
|---|---|---|
| Processing fee (standard) | 1.05% of loan, min AED 5,250 | Not applicable to buyout (refinance) loans, per FAB's KFS |
| Processing fee (salaried first-time buyer) | Waived | Also applies to developer handover payments |
| Processing fee (non-salaried) | ~0.525% (50% discount), capped AED 25,000 | Effective rate after the standard 50% discount |
| Early settlement fee | 1.05% of outstanding balance, capped AED 10,500 | Applies to full repayment or refinancing elsewhere |
| Partial settlement fee | 1.05% of amount prepaid, capped AED 10,500 | Up to 25% of the outstanding balance can be repaid fee-free annually during the variable-rate period, per FAB's product page |
| Instalment late payment fee | 2.10% of principal balance, min AED 52.5, max AED 210 | Per FAB's Key Facts Statement |
| Property insurance | 0.0525% of property value, per annum | Plus VAT, per FAB's KFS |
On the early settlement fee specifically, the cap works out identically for FAB as it does across the UAE market generally: 1.05% of the outstanding balance until that figure reaches AED 1,000,000, above which the AED 10,500 cap takes over. On a loan with an outstanding balance of AED 800,000, the fee would be roughly AED 8,400; on a balance of AED 1,200,000, the uncapped calculation would suggest AED 12,600, but the AED 10,500 cap applies instead.
FAB's Key Facts Statement also sets out mortgage life insurance pricing, charged monthly on the outstanding balance rather than as a one-off fee, and split by provider: ADNIC at 0.0112% per month, Noor Takaful at 0.0132% per month, and Salama at 0.0140% per month, or as otherwise agreed in the individual mortgage contract. Property (all-risk) insurance is separately quoted at 0.0525% of the property's value per year, plus VAT. Both are standard, mandatory add-ons across UAE mortgages rather than FAB-specific extras, but the exact provider and rate combination is worth checking against your offer letter, since the three providers' pricing is not identical.
FAB's public mortgage pages also do not state a minimum monthly salary threshold for this product — a detail some competing banks do publish (HSBC, for instance, states a minimum of AED 15,000 for its own product). That does not mean FAB has no such threshold internally; it means the figure is not disclosed publicly, and eligibility is instead assessed case-by-case through the bank's income and affordability review. Do not assume a salary figure quoted for a different bank applies to FAB.
Two figures sometimes quoted for FAB's mortgage — a specific valuation fee and a distinct green-mortgage rate — could not be independently confirmed on FAB's own published pages or its Key Facts Statement as of this writing. FAB's KFS lists a "Property swaps administration fee (including valuation)" of AED 1,386 for the specific case of changing a mortgaged property's address, and a separate AED 3,150 "rescheduling fee," but no standalone, universally-quoted valuation fee for a standard new mortgage application appears on the pages we checked. Treat any valuation-fee figure quoted for FAB elsewhere as unconfirmed until you have a written quote from the bank.
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FAB vs Emirates NBD vs ADIB vs HSBC: How the Published Rates Compare
Comparing FAB's published terms against three other major UAE lenders that also publish specific figures — using only banks with confirmed, published rates, since Mashreq, DIB and Standard Chartered do not publish current rates and should never be quoted with one:
| Bank | Published rate | Key LTV / non-resident terms |
|---|---|---|
| FAB | Fixed 3.99-4.44%; variable EIBOR + 1.5-1.89%, floor 1.99% | 85% LTV first-time buyers; 50% LTV non-residents up to AED 10m |
| Emirates NBD | KFS: "from 2.14% up to 6.00% p.a."; FTB page "from 3.99%" | 85% nationals / 80% expats; on the DLD First-Time Buyer Programme |
| ADIB | 3.99% fixed (3-year); reverts to 1M EIBOR + 1.60%, floor 3.10% | 85% LTV; 50% non-resident, max AED 5m |
| HSBC | Fixed 4.05%; variable 0.99% + 3M EIBOR = 4.69% | 80% LTV first-time buyers; 60% non-resident (Premier/Private only) |
Two things stand out. First, FAB's headline 3.99% fixed rate sits directly alongside ADIB's, both below HSBC's 4.05% — though Emirates NBD's KFS range technically starts lower, that "from 2.14%" figure is a best-case advertised rate rather than a typical quote, and its own first-time-buyer page separately quotes "from 3.99%," which is the more realistic comparison point. Second, on non-resident lending, FAB's 50% LTV up to AED 10 million is a meaningfully larger cap than ADIB's AED 5 million ceiling, though both sit below Mashreq's unpublished-rate but higher 65% non-resident LTV allowance mentioned elsewhere in our coverage. None of this changes the core point: rate alone rarely decides which bank is right for a given borrower — fees, non-resident caps and salary-transfer conditions move the real cost as much as the headline percentage.
Is FAB on the DLD First-Time Home Buyer Programme?
No. Dubai's First-Time Home Buyer Programme, expanded on 8 June 2026 to cover 22 participating developers, works with five partner banks specifically: CBD, DIB, Emirates NBD, Emirates Islamic and Mashreq. FAB is not among them, and neither are HSBC, ADIB, RAKBANK or Standard Chartered. That does not mean FAB is a worse choice for a genuine first-time buyer — its own 85% LTV and fee waivers for salaried first-time buyers are competitive in their own right — but if the specific developer incentives or programme-level benefits attached to the DLD initiative matter to your purchase, they are only available through one of the five partner banks. Our First-Time Home Buyer Programme guide covers eligibility, the developer list and how the five partner banks price against each other.
FAB Green Mortgage: What It Actually Offers
FAB runs a separate Green Mortgage product for properties holding a recognised sustainability certification — LEED Silver or above, Estidama 2 Pearls or above, Al Sa'fat Dubai Green Building System Gold or higher, and several other regional and international green-building standards. Per FAB's own green mortgage page, seen 14 July 2026, the product bundles "low fixed rates" (available only with salary transfer to a FAB account) with further waivers on processing and valuation fees beyond the standard product's discounts, additional discounts on property and contents insurance, a refund of early settlement fees specifically for mortgage transfers, and an extended grace period of 60 days for new mortgages or 120 days for transfers. FAB's page does not publish a specific green-mortgage rate distinct from its standard fixed-rate table — the benefit is framed as fee waivers and discounts layered on top of the standard product, not a separately quoted lower headline rate. For how green mortgages compare across the wider UAE market, including which banks do publish a distinct green rate discount, see our green mortgages guide.
An overseas investor targeting a Dubai Marina apartment valued at AED 3,000,000 applies through FAB's non-resident mortgage product. At the confirmed 50% LTV ceiling, she can borrow up to AED 1,500,000, funding the remaining AED 1,500,000 from her own resources — well within FAB's published AED 10 million non-resident cap. Because FAB's non-resident page does not restate a specific rate margin, she requests a written quote before assuming any particular figure; her broker's indicative estimate, based on FAB's general variable structure, suggests a rate in the same broad band as the resident variable product, but she treats that as a starting point for negotiation rather than a confirmed number until FAB issues an offer letter.
Grace Periods and Application Timelines
FAB publishes distinct grace periods before the first instalment is due, separated by both nationality and loan type. UAE nationals get 90 days for a new mortgage or 180 days for a buyout (refinance) loan; expatriates get 60 days for a new mortgage or 120 days for a buyout. Those grace periods sit on top of whatever time a purchase takes to close through the Dubai Land Department's trustee office process, so buyers working to a tight handover date should factor both timelines in separately rather than assuming the grace period covers the full purchase process.
Who Should Consider a FAB Home Loan
FAB suits a salaried UAE resident, ideally a first-time buyer, who can commit to salary transfer and a FAB credit card: that combination unlocks the bank's best fixed rate (3.99% through the 1-3 year terms), the 85% first-time-buyer LTV ceiling, and a full processing-fee waiver in one package. It is also a reasonable option for a borrower planning a mid-term refinance into FAB, given the "nil processing fee on buyout" policy stated in its Key Facts Statement — worth comparing against your current lender's own settlement terms via our refinancing guide before committing to a switch.
FAB is a less natural first call for two specific groups. Non-resident buyers wanting the highest available LTV should note FAB's 50% ceiling sits below Mashreq's higher (though rate-unpublished) non-resident allowance, so it is worth shopping the LTV cap alongside the rate. And buyers relying specifically on Dubai's First-Time Home Buyer Programme's developer-side incentives need one of the programme's five partner banks — FAB's own first-time-buyer terms are competitive, but they are a separate, bank-only offer rather than a programme-linked one.
Frequently Asked Questions
What is FAB's current fixed mortgage rate in Dubai?
As published on bankfab.com and seen 14 July 2026, FAB's fixed rate is 3.99% for 1, 2 and 3-year terms, or 4.19% for a 5-year term, when the borrower transfers their salary to a FAB account and holds a FAB credit card. Without salary transfer, the same terms price at 4.24% and 4.44% respectively.
What does FAB's variable mortgage rate cost right now?
FAB's variable rate is 3-month EIBOR + 1.5% with salary transfer or EIBOR + 1.89% without, subject to a 1.99% floor. With 3-month EIBOR trading in a roughly 3.75-3.95% range through mid-2026, that works out to an effective rate of approximately 5.25-5.45% (salary transfer) or 5.64-5.84% (no salary transfer) today — not a single fixed figure, since EIBOR moves.
What LTV can I get on a FAB mortgage as a first-time buyer?
FAB's product page states first-time buyers can borrow up to 85% of the property's value. Its Key Facts Statement separately confirms 85% LTV for UAE nationals and 80% for expatriates on its general residential mortgage, with loans available up to AED 20 million.
Can non-residents get a FAB mortgage, and what nationalities qualify?
Yes — FAB offers non-UAE residents financing up to 50% of the property's value, up to AED 10 million, confirmed on FAB's own first-time-homeowner and non-resident mortgage pages. FAB does not publish a list of eligible nationalities anywhere on its site; applicants need to confirm eligibility directly with the bank.
How much is FAB's mortgage processing fee?
FAB's Key Facts Statement lists a standard processing fee of 1.05% of the loan amount, minimum AED 5,250, which does not apply to buyout (refinance) loans. FAB's product page separately states this fee is waived for salaried first-time buyers and developer handover payments, and discounted 50% (to an effective ~0.525%) for non-salaried applicants, capped at AED 25,000.
What is FAB's early settlement fee if I want to pay off or refinance my mortgage?
FAB's Key Facts Statement sets the early settlement fee at 1.05% of the outstanding principal balance, subject to a maximum of AED 10,500 — the same cap applies to partial settlements calculated on the amount prepaid.
Is FAB part of Dubai's First-Time Home Buyer Programme?
No. The programme's five partner banks are CBD, DIB, Emirates NBD, Emirates Islamic and Mashreq. FAB is not included, though it offers its own separate first-time-buyer terms — including the 85% LTV ceiling and processing-fee waiver — outside the DLD programme.
Does FAB offer a green mortgage?
Yes. FAB's Green Mortgage applies to properties holding a recognised sustainability certification (LEED, Estidama, Al Sa'fat and several others), and bundles fee waivers, insurance discounts and an early-settlement-fee refund on transfers with the standard fixed-rate table, provided the borrower transfers their salary to a FAB account.
Is there a minimum salary to qualify for a FAB mortgage?
FAB does not publish a minimum monthly salary threshold on its public mortgage pages. Eligibility is assessed through the bank's own income and affordability review at application, so borrowers should confirm their specific position with a FAB specialist rather than assuming a threshold quoted for another bank applies.
How much is FAB's mortgage life and property insurance?
Per FAB's Key Facts Statement, mandatory mortgage life insurance is priced monthly on the outstanding balance, varying by provider: ADNIC at 0.0112%, Noor Takaful at 0.0132%, and Salama at 0.0140%. Property (all-risk) insurance is separately charged at 0.0525% of the property's value per year, plus VAT.
Bank pages and Key Facts Statements change without notice, and the fine print — salary-transfer conditions, non-resident nationality checks, which fee applies to your specific borrower category — rarely fits neatly into a single published table. Inside the REC community, members share real FAB offer letters, compare them against other banks' current quotes, and flag when a published rate has moved since the last time someone checked. If you have a FAB pre-approval in hand and want a second opinion before signing, bring it to the community.
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