EIBOR
EIBOR, and what it means for your mortgage.
EIBOR is the official benchmark rate set by the Central Bank of the UAE. A variable mortgage rate is a margin plus EIBOR, so when EIBOR moves, your payment can move too.
EIBOR on
On , 3-month EIBOR was 4.32% and 6-month EIBOR was 4.38%.
Value date .
Last checked
Each figure below carries the date of its fixing, with the change from the fixing before it.
| Tenor | Change | ||
|---|---|---|---|
| Overnight | 3.63% | 3.71% | Down −8.0 bp |
| 1 Week | 4.11% | 4.19% | Down −8.2 bp |
| 1 Month | 4.09% | 4.09% | No change 0.0 bp |
| 3 MonthsMortgage Offers Link to This | 4.32% | 4.30% | Up +2.2 bp |
| 6 MonthsMortgage Offers Link to This | 4.38% | 4.39% | Down −1.0 bp |
| 1 Year | 5.06% | 5.05% | Up +1.6 bp |
Show the Data as a Table
| Month | Fixing Date | 3 Months | 6 Months |
|---|---|---|---|
| August 2026 | 3.851% | 4.017% | |
| July 2026 | 3.940% | 3.952% | |
| June 2026 | 3.819% | 3.932% | |
| May 2026 | 3.688% | 3.849% | |
| April 2026 | 3.728% | 3.790% | |
| March 2026 | 3.664% | 3.711% | |
| February 2026 | 3.475% | 3.496% | |
| January 2026 | 3.605% | 3.573% | |
| December 2025 | 3.474% | 3.525% | |
| November 2025 | 3.730% | 3.657% | |
| October 2025 | 3.581% | 3.694% | |
| September 2025 | 3.878% | 3.971% | |
| August 2025 | 4.201% | 4.133% | |
| July 2025 | 4.193% | 4.118% | |
| June 2025 | 4.136% | 4.096% | |
| May 2025 | 4.205% | 4.070% | |
| April 2025 | 4.239% | 3.995% | |
| March 2025 | 4.327% | 4.244% | |
| February 2025 | 4.238% | 4.236% | |
| January 2025 | 4.267% | 4.371% |
3-Month EIBOR
A variable mortgage linked to 3-month EIBOR resets against this figure, usually every three months.
- 4.32%
- Change
- Up +2.2 bp
- Low since
- 3.44%
- High since
- 4.48%
6-Month EIBOR
Some offers link to 6-month EIBOR instead, which resets less often. Your offer letter names the tenor.
- 4.38%
- Change
- Down −1.0 bp
- Low since
- 3.47%
- High since
- 4.48%
What EIBOR Means for your Repayment
On a variable rate, an EIBOR move passes straight into your rate, down to the minimum in your offer. An illustration, not an offer.
| Scenario | 3-Month EIBOR | Your Rate | Monthly Payment | Difference |
|---|---|---|---|---|
| EIBOR down 0.50% | 3-Month EIBOR 3.82% | Your Rate 5.71% | Monthly Payment AED 9,401 | Difference −AED 457 |
| EIBOR down 0.25% | 3-Month EIBOR 4.07% | Your Rate 5.96% | Monthly Payment AED 9,628 | Difference −AED 230 |
| EIBOR on | 3-Month EIBOR 4.32% | Your Rate 6.21% | Monthly Payment AED 9,858 | |
| EIBOR up 0.25% | 3-Month EIBOR 4.57% | Your Rate 6.46% | Monthly Payment AED 10,091 | Difference +AED 233 |
| EIBOR up 0.50% | 3-Month EIBOR 4.82% | Your Rate 6.71% | Monthly Payment AED 10,326 | Difference +AED 468 |
Assumptions: a loan of AED 1,500,000 with 25 years left, repaid monthly, at a 1.89% margin plus 3-month EIBOR (4.32% on ). The standard repayment formula, with no fees or insurance. An illustration only.
About EIBOR.
What is EIBOR?
The Emirates Interbank Offered Rate: the official benchmark rate set by the Central Bank of the UAE, published for six tenors from overnight to one year.
Which EIBOR does my mortgage follow?
Your offer names it, usually as a margin plus 1-month, 3-month or 6-month EIBOR. The tenor also tells you how often your rate can reset.
Why is every figure dated?
EIBOR is fixed each working day. A figure without its date could be from any day, so every figure here carries the date of its fixing.
Does a lower EIBOR always lower my payment?
Only on a variable rate, and only down to the minimum rate in your offer. A fixed rate does not move until its fixed period ends.
Rate rolling onto EIBOR? Compare before it does.
A specialist checks the rates on our bank panel against your remaining loan.