What is the fee for paying off my mortgage early in the UAE?
The Central Bank caps the early-settlement fee at 1% of the outstanding balance or AED 10,000 - whichever is lower - whether you repay in full, part-prepay or refinance to another bank (2019 rule). Some banks also allow limited penalty-free partial prepayment each year, so check your contract. You'll separately pay DLD mortgage-discharge and registration fees.
Rules and eligibility criteria change — confirm the current position with the relevant authority before acting. This is general information, not legal advice.
Figures here are indicative as of July 2026 and set by third parties (government, banks, developers) — confirm the current amount before relying on it.
