Mashreq
Mid-tier UAE bank with competitive pricing and strong digital experience. Frequently the rate-leader on 1-year and 3-year fixed products for high-salary residents.
Mashreq Bank competes on rate and digital experience rather than balance-sheet size. For salary-transfer customers earning AED 20k+, Mashreq is consistently among the top 3 cheapest fixed-rate options. Pre-approval is typically faster than ENBD (2–3 business days), and the digital onboarding flow is genuinely better than peers. Non-resident lending is more limited.
Mashreq mortgage rates
| Bank | Product | Type | Rate | Max LTV | Min salary | Effective |
|---|---|---|---|---|---|---|
| Mashreq | Mortgage — 1-year fixed | Fixed 1y | 3.99% | 80% | AED 20K | — |
| Mashreq | Mortgage — 3-year fixed | Fixed 3y | 4.19% | 80% | AED 20K | — |
| Mashreq | Mortgage — Variable | Variable · EIBOR + 1.20% | 5.05% | 80% | AED 20K | — |
Source: Mashreq published rates page. Refreshed daily by our ingest worker. Always verify with the bank before relying on a rate. View original page →
FAQs — Mashreq mortgages
Why is Mashreq often cheaper than Emirates NBD on fixed rates?
Smaller balance sheet means Mashreq competes harder on price for high-salary salary-transfer customers. The trade-off is tighter underwriting and lower flexibility on edge cases.
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