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It is the interest rate charged by banks in the United Arab Emirates for interbank transactions. It is the reference rate commonly used to conduct financial transactions in Dubai and the surrounding Emirates. Many Islamic banks it as a benchmark for determining the rental rates for special leasing agreements.
What else can I help you with?
Explanation of EIBOR in UAE. How it is calculated and where to get the EIBOR from?
3m EIBOR
Provide EIBOR previous rates?
This website provides some EIBOR Emirates Interbank Borrowing Rates http://hala3ammi.wordpress.com
What is rate of 6m eibor at present on 23.1.2008?
3m EIBOR is 5.10714 For more rates please see http://hala3ammi.wordpress.com
What is the 3m EIBOR at present?
Information on current EIBOR rates can be found at http://www.nbd.com/NBD/NBD_CDA/CDA_Web_pages/Rates_Charges/eibor_rates
Who issue EIBOR?
The EIBOR rate is the Emirates Interbank Offered Rate The rate is used by many, primarily by Investment and Retail banks, for example, pricing and structuring Interest Rate Derivative products
What is the current Dublin Interbank Offered Rate?
The Dublin Interbank Offered Rate (DIbOR) was replaced with the Euro Interbank Offered Rate (EIBOR) in 1999. As of the close of business in the United States on Friday, 29 October, 2010, the EIBOR curve is as follows: One-month 0.847% Three-month 1.045% Six-month 1.269% One-year 1.540%
Can an Ijara contract be a discounted contract for the purpose of calculating profit?
The Ijara contract cannot be discounting. because on the date of the contract you don't agree the profit amount with the customer. Under actual business scenario, you will link the Ijara to a LIBOR / EIBOR rate feeds.
How is the interbank offered rate decide in United Arab emirates?
The interest rate charged by banks in the United Arab Emirates for interbank transactions. In most cases, EIBOR is the reference rate most commonly used by borrowers and lenders to conduct financial transactions in Dubai and the surrounding Emirates. Interbank rates reflect the average of eight banks, excluding the highest and lowest rates provided on a daily basis. United Arab Emirates banks launched a one-week interbank offered rate on Monday, striving to meet demand for a reference rate for short-term liquidity. UAE money market rates have been falling as the central bank and finance ministry of the second-largest Arab economy adopted a series of measures to defrost credit markets, including interest rate cuts and emergency funding facilities for banks. The one-month rate was 2.7875 percent on Monday, down from more than 4.3 percent in December. In December, the central bank said it was starting offering UAE dirham-U.S. dollar swap facilities with maturities ranging from one week to 12 months. (Reporting by Daliah Merzaban; Editing by Inal Ersan) The interest rate charged by banks in the United Arab Emirates for interbank transactions. In most cases, EIBOR is the reference rate most commonly used by borrowers and lenders to conduct financial transactions in Dubai and the surrounding Emirates. Similar to the London Interbank Offered Rate (LIBOR), EIBOR futures contracts are available for trade and there are various EIBOR offered rates depending on the life of the loan.
How can first-time buyers secure the best terms for Mortgage Finance UAE without overpaying on hidden fees?
Navigating the landscape of Mortgage Finance UAE requires a strategic approach, whether you are a salaried expat, a UAE national, or a self-employed professional. The financing process often involves complex fee structures, varying interest rate benchmarks such as EIBOR, and strict Loan-to-Value (LTV) limits set by the Central Bank. First-time buyers frequently struggle to balance competitive interest rates with long-term affordability, leaving them vulnerable to unexpected costs during the transfer and settlement process. To secure optimal terms, start by getting an independent pre-approval before searching for properties. This locks in indicative borrowing power and protects your deposit during contract negotiations. Ensure your total Debt-Burden Ratio (DBR) remains below 50% of your net monthly income, as lenders strictly enforce this threshold. When reviewing rate offers, evaluate whether a fixed rate (typically locked for 1 to 5 years) or a variable rate tied to EIBOR fits your cash flow strategy. Account for upfront transaction costs—including the 4% Dubai Land Department fee, 0.25% mortgage registration fee, valuation fees, and bank processing charges—to avoid liquidity shortages at transfer. At SME Finance Banking Consultant, we guide clients through every phase of the approval process. Our team analyzes options across top UAE lenders, negotiating reduced processing fees, favorable buyout terms, and customized rate structures tailored to your financial goals. Implementing these targeted steps ensures a smooth, cost-effective journey to property ownership.
What are the current refinance mortgage interest rates offered by major banks in Dubai?
If you’re thinking of refinancing your home loan in Dubai, it’s smart to check what the top lenders are currently offering — because small differences in interest can save you big money over time. As of early 2026, many banks are marketing refinance or home-buyout rates in the mid-3% to low-4% range (though your exact quote depends on your profile, salary transfer, loan-to-value and bank margin). Typical advertised starting points for refinance deals include around 3.79–3.99% fixed for a few years with options to switch to variable afterwards, depending on EIBOR + margin structures. For context, these refinancing packages are being offered as the UAE banking sector adjusts to recent central bank rate cuts — meaning if your current mortgage is above ~4%, refinancing could lower your monthly cost. To compare all available refinance rates and find the best one tailored to your situation, many expats and homeowners now turn to Prime Rate Hub — a service that consolidates offers from leading banks in the UAE and helps you negotiate better terms.
