Mortgages for First Time Homeowner

Are you a first-time
homeowner?

The excitement of buying your first home is a feeling you will remember for the rest of your life. We want that experience to be joyful and seamless from the get-go. This is why we have carefully curated a selection of financing options to set you on the right path, and we will guide you through your journey every step of the way.

What are you looking for?

We are here to help you navigate this financial journey with ease by offering you all the information, tools and insightful tips to make an informed decision.

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Insightful Tips and Resources

Things to keep in mind when looking to buy a home

Buying a forever home is one of the biggest and most significant financial decisions, so it’s crucial you consider a few key factors before taking the step.

Property investment podcast to listen to

Check out the podcast Makram Hani – Making the difference through real estate investment and coaching.

Some of the best residential neighbourhoods in UAE

The UAE is one of the most dynamic and safe places to live in the world, offering residents a high quality of life.

Best schools in the UAE

If you have a family with young children, looking for the best schools in the city is most likely the top of your list.

Recommended movers

Moving into an apartment, townhouse or villa can be overwhelming. This is why we have listed access to some of the best packers and movers in the UAE to make your move seamless and hassle-free.

Top 3 real estate websites in the UAE

The research for your forever home is key and these real estate websites make it a lot quicker and easier to find what you are looking for.

Recommended pest control services

One of the first few things you should check off your list once you decide on a home is to get a pest control service to fumigate your home.

Recommended cleaning services

There’s nothing more satisfying than moving into a home that has been deep cleaned.

Mortgage Calculator

Use our Mortgage Calculator to find out how much you are eligible to borrow and the breakdown of your monthly payments. This tool will help you understand the difference an overpayment on your mortgage could make or how much more you could borrow on your current mortgage.

Mortgage Calculator

Just enter you monthly income and expenses for each category and the calculator will do the rest.

The property price is (AED)

AED

I will put down a payment of (AED)

AED

AED 3,500,000

AED 9,985,000

and would like a mortgage period (years) of

Years

1 Year

25 Years

Annual interest rate

Representative example

Mortgage amount

AED 6,500,000

Monthly repayment

AED 65,982

Loan Amount	:	AED 6,500,000
Interest Rate	:	6.75 %
No Of Payments	:	144

Payment No
Total Payment
Principal
Interest
Balance
1
AED 65,981.67
AED 29,419.17
AED 36,562.50
AED 6,470,580.83
2
AED 65,981.67
AED 29,584.66
AED 36,397.02
AED 6,440,996.17
3
AED 65,981.67
AED 29,751.07
AED 36,230.60
AED 6,411,245.10
4
AED 65,981.67
AED 29,918.42
AED 36,063.25
AED 6,381,326.67
5
AED 65,981.67
AED 30,086.71
AED 35,894.96
AED 6,351,239.96
6
AED 65,981.67
AED 30,255.95
AED 35,725.72
AED 6,320,984.01
7
AED 65,981.67
AED 30,426.14
AED 35,555.54
AED 6,290,557.87
8
AED 65,981.67
AED 30,597.29
AED 35,384.39
AED 6,259,960.59
9
AED 65,981.67
AED 30,769.40
AED 35,212.28
AED 6,229,191.19
10
AED 65,981.67
AED 30,942.47
AED 35,039.20
AED 6,198,248.71
11
AED 65,981.67
AED 31,116.53
AED 34,865.15
AED 6,167,132.19
12
AED 65,981.67
AED 31,291.56
AED 34,690.12
AED 6,135,840.63
13
AED 65,981.67
AED 31,467.57
AED 34,514.10
AED 6,104,373.06
14
AED 65,981.67
AED 31,644.58
AED 34,337.10
AED 6,072,728.49
15
AED 65,981.67
AED 31,822.58
AED 34,159.10
AED 6,040,905.91
16
AED 65,981.67
AED 32,001.58
AED 33,980.10
AED 6,008,904.33
17
AED 65,981.67
AED 32,181.59
AED 33,800.09
AED 5,976,722.74
18
AED 65,981.67
AED 32,362.61
AED 33,619.07
AED 5,944,360.13
19
AED 65,981.67
AED 32,544.65
AED 33,437.03
AED 5,911,815.48
20
AED 65,981.67
AED 32,727.71
AED 33,253.96
AED 5,879,087.77
21
AED 65,981.67
AED 32,911.81
AED 33,069.87
AED 5,846,175.96
22
AED 65,981.67
AED 33,096.94
AED 32,884.74
AED 5,813,079.03
23
AED 65,981.67
AED 33,283.11
AED 32,698.57
AED 5,779,795.92
24
AED 65,981.67
AED 33,470.32
AED 32,511.35
AED 5,746,325.60
25
AED 65,981.67
AED 33,658.59
AED 32,323.08
AED 5,712,667.01
26
AED 65,981.67
AED 33,847.92
AED 32,133.75
AED 5,678,819.08
27
AED 65,981.67
AED 34,038.32
AED 31,943.36
AED 5,644,780.77
28
AED 65,981.67
AED 34,229.78
AED 31,751.89
AED 5,610,550.98
29
AED 65,981.67
AED 34,422.33
AED 31,559.35
AED 5,576,128.66
30
AED 65,981.67
AED 34,615.95
AED 31,365.72
AED 5,541,512.71
31
AED 65,981.67
AED 34,810.67
AED 31,171.01
AED 5,506,702.04
32
AED 65,981.67
AED 35,006.48
AED 30,975.20
AED 5,471,695.56
33
AED 65,981.67
AED 35,203.39
AED 30,778.29
AED 5,436,492.18
34
AED 65,981.67
AED 35,401.41
AED 30,580.27
AED 5,401,090.77
35
AED 65,981.67
AED 35,600.54
AED 30,381.14
AED 5,365,490.23
36
AED 65,981.67
AED 35,800.79
AED 30,180.88
AED 5,329,689.44
37
AED 65,981.67
AED 36,002.17
AED 29,979.50
AED 5,293,687.27
38
AED 65,981.67
AED 36,204.68
AED 29,776.99
AED 5,257,482.58
39
AED 65,981.67
AED 36,408.34
AED 29,573.34
AED 5,221,074.25
40
AED 65,981.67
AED 36,613.13
AED 29,368.54
AED 5,184,461.12
41
AED 65,981.67
AED 36,819.08
AED 29,162.59
AED 5,147,642.04
42
AED 65,981.67
AED 37,026.19
AED 28,955.49
AED 5,110,615.85
43
AED 65,981.67
AED 37,234.46
AED 28,747.21
AED 5,073,381.39
44
AED 65,981.67
AED 37,443.90
AED 28,537.77
AED 5,035,937.48
45
AED 65,981.67
AED 37,654.53
AED 28,327.15
AED 4,998,282.96
46
AED 65,981.67
AED 37,866.33
AED 28,115.34
AED 4,960,416.62
47
AED 65,981.67
AED 38,079.33
AED 27,902.34
AED 4,922,337.29
48
AED 65,981.67
AED 38,293.53
AED 27,688.15
AED 4,884,043.76
49
AED 65,981.67
AED 38,508.93
AED 27,472.75
AED 4,845,534.83
50
AED 65,981.67
AED 38,725.54
AED 27,256.13
AED 4,806,809.29
51
AED 65,981.67
AED 38,943.37
AED 27,038.30
AED 4,767,865.92
52
AED 65,981.67
AED 39,162.43
AED 26,819.25
AED 4,728,703.49
53
AED 65,981.67
AED 39,382.72
AED 26,598.96
AED 4,689,320.77
54
AED 65,981.67
AED 39,604.25
AED 26,377.43
AED 4,649,716.53
55
AED 65,981.67
AED 39,827.02
AED 26,154.66
AED 4,609,889.51
56
AED 65,981.67
AED 40,051.05
AED 25,930.63
AED 4,569,838.46
57
AED 65,981.67
AED 40,276.33
AED 25,705.34
AED 4,529,562.13
58
AED 65,981.67
AED 40,502.89
AED 25,478.79
AED 4,489,059.24
59
AED 65,981.67
AED 40,730.72
AED 25,250.96
AED 4,448,328.52
60
AED 65,981.67
AED 40,959.83
AED 25,021.85
AED 4,407,368.70
61
AED 65,981.67
AED 41,190.23
AED 24,791.45
AED 4,366,178.47
62
AED 65,981.67
AED 41,421.92
AED 24,559.75
AED 4,324,756.55
63
AED 65,981.67
AED 41,654.92
AED 24,326.76
AED 4,283,101.63
64
AED 65,981.67
AED 41,889.23
AED 24,092.45
AED 4,241,212.40
65
AED 65,981.67
AED 42,124.86
AED 23,856.82
AED 4,199,087.55
66
AED 65,981.67
AED 42,361.81
AED 23,619.87
AED 4,156,725.74
67
AED 65,981.67
AED 42,600.09
AED 23,381.58
AED 4,114,125.65
68
AED 65,981.67
AED 42,839.72
AED 23,141.96
AED 4,071,285.93
69
AED 65,981.67
AED 43,080.69
AED 22,900.98
AED 4,028,205.24
70
AED 65,981.67
AED 43,323.02
AED 22,658.65
AED 3,984,882.22
71
AED 65,981.67
AED 43,566.71
AED 22,414.96
AED 3,941,315.51
72
AED 65,981.67
AED 43,811.78
AED 22,169.90
AED 3,897,503.73
73
AED 65,981.67
AED 44,058.22
AED 21,923.46
AED 3,853,445.51
74
AED 65,981.67
AED 44,306.04
AED 21,675.63
AED 3,809,139.47
75
AED 65,981.67
AED 44,555.27
AED 21,426.41
AED 3,764,584.20
76
AED 65,981.67
AED 44,805.89
AED 21,175.79
AED 3,719,778.32
77
AED 65,981.67
AED 45,057.92
AED 20,923.75
AED 3,674,720.39
78
AED 65,981.67
AED 45,311.37
AED 20,670.30
AED 3,629,409.02
79
AED 65,981.67
AED 45,566.25
AED 20,415.43
AED 3,583,842.77
80
AED 65,981.67
AED 45,822.56
AED 20,159.12
AED 3,538,020.21
81
AED 65,981.67
AED 46,080.31
AED 19,901.36
AED 3,491,939.90
82
AED 65,981.67
AED 46,339.51
AED 19,642.16
AED 3,445,600.39
83
AED 65,981.67
AED 46,600.17
AED 19,381.50
AED 3,399,000.22
84
AED 65,981.67
AED 46,862.30
AED 19,119.38
AED 3,352,137.92
85
AED 65,981.67
AED 47,125.90
AED 18,855.78
AED 3,305,012.02
86
AED 65,981.67
AED 47,390.98
AED 18,590.69
AED 3,257,621.04
87
AED 65,981.67
AED 47,657.56
AED 18,324.12
AED 3,209,963.48
88
AED 65,981.67
AED 47,925.63
AED 18,056.04
AED 3,162,037.85
89
AED 65,981.67
AED 48,195.21
AED 17,786.46
AED 3,113,842.64
90
AED 65,981.67
AED 48,466.31
AED 17,515.36
AED 3,065,376.33
91
AED 65,981.67
AED 48,738.93
AED 17,242.74
AED 3,016,637.40
92
AED 65,981.67
AED 49,013.09
AED 16,968.59
AED 2,967,624.31
93
AED 65,981.67
AED 49,288.79
AED 16,692.89
AED 2,918,335.52
94
AED 65,981.67
AED 49,566.04
AED 16,415.64
AED 2,868,769.48
95
AED 65,981.67
AED 49,844.85
AED 16,136.83
AED 2,818,924.63
96
AED 65,981.67
AED 50,125.22
AED 15,856.45
AED 2,768,799.41
97
AED 65,981.67
AED 50,407.18
AED 15,574.50
AED 2,718,392.23
98
AED 65,981.67
AED 50,690.72
AED 15,290.96
AED 2,667,701.51
99
AED 65,981.67
AED 50,975.85
AED 15,005.82
AED 2,616,725.66
100
AED 65,981.67
AED 51,262.59
AED 14,719.08
AED 2,565,463.07
101
AED 65,981.67
AED 51,550.95
AED 14,430.73
AED 2,513,912.12
102
AED 65,981.67
AED 51,840.92
AED 14,140.76
AED 2,462,071.20
103
AED 65,981.67
AED 52,132.52
AED 13,849.15
AED 2,409,938.68
104
AED 65,981.67
AED 52,425.77
AED 13,555.91
AED 2,357,512.91
105
AED 65,981.67
AED 52,720.66
AED 13,261.01
AED 2,304,792.24
106
AED 65,981.67
AED 53,017.22
AED 12,964.46
AED 2,251,775.02
107
AED 65,981.67
AED 53,315.44
AED 12,666.23
AED 2,198,459.58
108
AED 65,981.67
AED 53,615.34
AED 12,366.34
AED 2,144,844.24
109
AED 65,981.67
AED 53,916.93
AED 12,064.75
AED 2,090,927.32
110
AED 65,981.67
AED 54,220.21
AED 11,761.47
AED 2,036,707.11
111
AED 65,981.67
AED 54,525.20
AED 11,456.48
AED 1,982,181.91
112
AED 65,981.67
AED 54,831.90
AED 11,149.77
AED 1,927,350.01
113
AED 65,981.67
AED 55,140.33
AED 10,841.34
AED 1,872,209.68
114
AED 65,981.67
AED 55,450.50
AED 10,531.18
AED 1,816,759.18
115
AED 65,981.67
AED 55,762.40
AED 10,219.27
AED 1,760,996.78
116
AED 65,981.67
AED 56,076.07
AED 9,905.61
AED 1,704,920.71
117
AED 65,981.67
AED 56,391.50
AED 9,590.18
AED 1,648,529.22
118
AED 65,981.67
AED 56,708.70
AED 9,272.98
AED 1,591,820.52
119
AED 65,981.67
AED 57,027.68
AED 8,953.99
AED 1,534,792.83
120
AED 65,981.67
AED 57,348.47
AED 8,633.21
AED 1,477,444.37
121
AED 65,981.67
AED 57,671.05
AED 8,310.62
AED 1,419,773.32
122
AED 65,981.67
AED 57,995.45
AED 7,986.22
AED 1,361,777.87
123
AED 65,981.67
AED 58,321.67
AED 7,660.00
AED 1,303,456.19
124
AED 65,981.67
AED 58,649.73
AED 7,331.94
AED 1,244,806.46
125
AED 65,981.67
AED 58,979.64
AED 7,002.04
AED 1,185,826.82
126
AED 65,981.67
AED 59,311.40
AED 6,670.28
AED 1,126,515.42
127
AED 65,981.67
AED 59,645.03
AED 6,336.65
AED 1,066,870.40
128
AED 65,981.67
AED 59,980.53
AED 6,001.15
AED 1,006,889.87
129
AED 65,981.67
AED 60,317.92
AED 5,663.76
AED 946,571.95
130
AED 65,981.67
AED 60,657.21
AED 5,324.47
AED 885,914.74
131
AED 65,981.67
AED 60,998.40
AED 4,983.27
AED 824,916.34
132
AED 65,981.67
AED 61,341.52
AED 4,640.15
AED 763,574.82
133
AED 65,981.67
AED 61,686.57
AED 4,295.11
AED 701,888.25
134
AED 65,981.67
AED 62,033.55
AED 3,948.12
AED 639,854.70
135
AED 65,981.67
AED 62,382.49
AED 3,599.18
AED 577,472.20
136
AED 65,981.67
AED 62,733.39
AED 3,248.28
AED 514,738.81
137
AED 65,981.67
AED 63,086.27
AED 2,895.41
AED 451,652.54
138
AED 65,981.67
AED 63,441.13
AED 2,540.55
AED 388,211.41
139
AED 65,981.67
AED 63,797.99
AED 2,183.69
AED 324,413.43
140
AED 65,981.67
AED 64,156.85
AED 1,824.83
AED 260,256.58
141
AED 65,981.67
AED 64,517.73
AED 1,463.94
AED 195,738.85
142
AED 65,981.67
AED 64,880.64
AED 1,101.03
AED 130,858.20
143
AED 65,981.67
AED 65,245.60
AED 736.08
AED 65,612.60
144
AED 65,981.67
AED 65,612.60
AED 369.07
AED 0.00

Types of Mortgages

FAB Green Mortgage

Switch to sustainable with our green mortgage.

Enjoy a discount of 0.25% on a five-year fixed interest rate.
Save 50% on your processing fee
Valid until 31 December 2022

Apply now Learn more

Home Loans for non-UAE residents

Buying an investment property in the UAE as a non-resident is easy with FAB.

High loan amounts of up to AED 10 million
Borrow up to 50% of the property’s value
Competitive variable rates with an option to link to EIBOR or MBR

Apply now Learn more

Home Loan for Residences and Investments in UAE

Introducing our best mortgage rate yet

From 0.55% + 3m EIBOR
Dedicated Mortgage Advisor to support you throughout your loan journey

Apply now Learn more

Loans for Small Buildings

Get finance for completed residential buildings.

Loan amount of up to AED 100m
Loan duration of up to 20 years
Competitive rates

Apply now Learn more

National Housing Loan

Helping UAE nationals to buy their dream homes.

Loans up to AED 2 Million
Loan duration of up to 25 years
No interest

Learn more

*This is a variable rate offer based on a three month EIBOR in addition to a margin of 1.49% (with a minimum rate of 1.99%).

Click here for FAB Current Variable Rates

Mortgages for First Time Homeowner

What are you looking for?

Insightful Tips and Resources

Things to keep in mind when looking to buy a home

Property investment podcast to listen to

Some of the best residential neighbourhoods in UAE

Best schools in the UAE

Recommended movers

Top 3 real estate websites in the UAE

Recommended pest control services

Recommended cleaning services

Mortgage Calculator

Mortgage Calculator

Representative example

Mortgage amount

Monthly repayment

Types of Mortgages

FAB Green Mortgage

Home Loans for non-UAE residents

Home Loan for Residences and Investments in UAE

Loans for Small Buildings

National Housing Loan

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