What is EIBOR（酋长国银行间拆借利率）?
UAE银行同业拆借的基准利率，是迪拜浮动利率按揭贷款的主要定价基准，按不同期限（1个月至12个月）报价。2023-2024年EIBOR随美联储加息大幅上升，对迪拜浮动利率按揭的月供产生了显著影响。
Description
EIBOR is the rate at which UAE banks are willing to lend unsecured funds to each other in the interbank market. Published daily by the UAE Central Bank, it comes in multiple tenors: overnight, 1 week, 1 month, 3 months, 6 months, and 12 months. The 3-month EIBOR is the most commonly used benchmark for UAE mortgage pricing.
Variable-rate mortgages in the UAE are typically priced as EIBOR + a fixed margin. For example, a bank might offer a rate of 3-month EIBOR + 1.99%. If 3-month EIBOR is 4.5%, the borrower's rate would be 6.49%. When EIBOR rises, monthly payments increase; when it falls, payments decrease (subject to any floor rates in the mortgage contract).
Because the UAE dirham is pegged to the US dollar, the UAE Central Bank closely follows the US Federal Reserve's interest rate decisions. When the Fed raises rates, EIBOR typically follows within days. This means Dubai mortgage costs are indirectly influenced by US monetary policy.
Oliva 如何运用
Oliva's mortgage tools display current EIBOR rates and simulate how future rate changes would affect monthly payments, helping investors stress-test their investment under different interest rate scenarios.
How to interpret
EIBOR is the cost of money in the UAE, and eparticularly variable-rate mortgage borrower is exposed to its movements. When assessing the viability of a debt financingd property investment, stress-test your monthly payment against EIBOR scenarios 1 to 2 percentage points above current levels. If you cannot afford the payments at those levels, you are taking on more interest rate risk than your financial position supports.
The dirham peg to the USD means EIBOR tracks US interest rate policy closely. Monitoring Federal Reserve signals and economic data from the US gives Dubai investors an early warning system for potential EIBOR changes, often months before they appear in local mortgage rates.
迪拜市场背景
EIBOR rose sharply from near-zero in early 2022 to over 5% by mid-2023, following the Fed's aggressive rate hikes. This increased monthly mortgage payments by 30 to 50% for variable-rate borrowers in Dubai. Many investors shifted to fixed-rate products during this period. Understanding EIBOR trends is essential for forecasting carrying costs and refinancing timing.
Frequently asked questions
The Emirates Interbank Offered Rate, the benchmark interest rate at which UAE banks lend to each other, used as the base rate for most variable-rate mortgages in Dubai.
EIBOR is the rate at which UAE banks are willing to lend unsecured funds to each other in the interbank market. Published daily by the UAE Central Bank, it comes in multiple tenors: overnight, 1 week, 1 month, 3 months, 6 months, and 12 months.
EIBOR is the cost of money in the UAE, and eparticularly variable-rate mortgage borrower is exposed to its movements. When assessing the viability of a debt financingd property investment, stress-test your monthly payment against EIBOR scenarios 1 to 2 percentage points above current levels.
EIBOR rose sharply from near-zero in early 2022 to over 5% by mid-2023, following the Fed's aggressive rate hikes. This increased monthly mortgage payments by 30 to 50% for variable-rate borrowers in Dubai.
Oliva's mortgage tools display current EIBOR rates and simulate how future rate changes would affect monthly payments, helping investors stress-test their investment under different interest rate scenarios.
When the Fed raises rates, EIBOR typically follows within days. This means Dubai mortgage costs are indirectly influenced by US monetary policy.
Stop reading theory. See eibor（酋长国银行间拆借利率） on real Dubai projects.
Oliva shows this metric live on 1,000+ Dubai projects, alongside 7 other data points that actually predict returns. DLD and RERA licensed, free to browse.
This content is for educational purposes only and does not constitute investment, financial, legal, or tax advice. Yields, returns, and market data referenced are historical or estimated and are not guaranteed. Capital is at risk. Seek independent professional advice before making investment decisions. Oliva is a licensed Dubai real estate advisor (DLD Broker Card: 92025, RERA BRN: 1573501). Read our Key Risks Disclosure and Disclaimer.