EIBOR Rate Today: Live 1M, 3M, 6M and 12M Fixings

Today’s EIBOR fixings

Last confirmed fixing: 3 September 2026. Important: the Central Bank raised its Base Rate by 25 basis points on 17 September 2026, after this fixing. Current EIBOR will sit above the figures above. Check centralbank.ae for today’s number before acting on anything here. EIBOR is published by 12:00 UAE time every business day, to five decimal places. Two further tenors are fixed daily — overnight and one week — but they aren’t used for mortgage pricing. Three-month is the tenor most UAE mortgages reference. Your offer letter names which applies to you.

Where policy sits right now

EIBOR doesn’t move on its own. It sits at the end of a chain, and knowing the chain tells you where the next move comes from. The Base Rate is anchored to the Fed’s Interest Rate on Reserve Balances and, in the Central Bank’s own words, provides an effective floor for overnight money market rates in the UAE. That floor is why EIBOR tracks policy so closely rather than drifting. The September move reversed a hold that had run since April, when the Base Rate sat at 3.65% through three consecutive decisions. And a majority of FOMC members projected a further hike before year end — which, given the peg, means the CBUAE would follow. If you’re on a variable rate, that’s the single most useful thing on this page.

Reading the shape of the curve

Most people look at one number. The four together tell you something the single figure doesn’t. At the last fixing the curve sloped upward — 3.81% at one month rising to 4.34% at twelve. That shape means panel banks are pricing longer money more expensively than shorter money, which is the market’s way of saying it expects rates to hold or rise rather than fall. An inverted curve, where twelve-month prices below one-month, would mean the opposite: banks expecting cuts and unwilling to pay up for longer commitments. Two practical readings:

• Upward-sloping, as now. A fixed rate looks more attractive, because you’re buying protection against moves the market already expects. A short teaser fix looks less attractive, because you’ll revert into a higher environment.
• Flat or inverted. Variable looks stronger, because the market is signalling cuts you’d capture automatically.

Neither is a forecast. It’s what the people lending to each other at these rates currently believe, which is a reasonable starting point and nothing more. Our comparison of fixed versus variable mortgages covers the decision properly.

What each tenor does to your payment

Same loan, same margin, different reference tenor. AED 1,500,000 over 25 years at EIBOR + 1.75%: AED 482 a month between the shortest and longest tenor, or AED 5,785 a year, on an otherwise identical loan. Longer tenors price higher but reset less often, which insulates you from short-term moves in both directions. In a rising environment that’s protection. In a falling one it’s a delay. Run your own figures on our mortgage calculator.

Today’s published rate isn’t today’s rate

The detail that catches people out, and the most common source of “my bank charged me the wrong rate” disputes. EIBOR fixings carry a T+2 value date. A rate published on the 1st applies from the 3rd. So when your loan contract refers to “the prevailing EIBOR,” the value date determines which fixing governs your reset, not the one published that morning. Between resets, your rate is frozen at the fixing that applied on your last reset date. Today’s number only matters to you on your next one.

Checking your bank applied the right rate

Worth doing once, particularly after a reset that surprised you.

1. Find your reference tenor and reset interval in your loan agreement — they can differ from each other.
2. Identify your last reset date.
3. Look up the EIBOR fixing with a value date matching that reset date, not the publication date.
4. Add your margin, which is fixed for the life of the loan.
5. Compare against the rate on your statement.

If it doesn’t reconcile, the usual explanations are a value-date misunderstanding on your side or a reset applied a cycle late on theirs. Either is worth a call.

Where EIBOR has been

Three-month EIBOR sat around 0.2% at the end of 2021. It rose roughly four percentage points over the following twelve months as the Fed tightened, reaching levels last seen in 2008. It has since eased into the low 4s, with the September 2026 hike nudging it back up. That trajectory matters for one reason: anyone who took a variable mortgage in 2021 has seen their payment move by a multiple, and anyone who fixed in 2023 is reverting into an environment very different from the one they budgeted for. The driver throughout is the peg. The dirham is fixed to the US dollar at 3.6725, so UAE monetary policy tracks the Fed with a lag of roughly one to two months. The FOMC calendar tells you more about your future payment than any local forecast. Our guide to what EIBOR is and how it affects your mortgage covers the panel, the fixing methodology and how the number is produced.

Which fixing applies to you

Three things decide it, all in your loan documents. Your reference tenor. One-month, three-month, six-month or twelve-month. Three-month is most common for UAE mortgages. Your reset interval. How often the rate recalculates — monthly, quarterly, half-yearly or annually. This can differ from your reference tenor, and people routinely assume they match. Your margin. The fixed percentage added to EIBOR, typically 0.70% to 2.25% for mortgages. EIBOR moves; the margin doesn’t, for the life of the loan. That last point deserves emphasis. Over twenty-five years EIBOR will rise and fall many times. Your margin is set once, at origination, and it’s the number worth negotiating hardest.

Checking it yourself

The Central Bank publishes all tenors daily at centralbank.ae, alongside historical fixings. It’s the only authoritative source — aggregators and bank pages lag, sometimes by days, and were the reason several outlets misreported UAE rates this year by more than a full percentage point. Two things to know when you look. The rate is published to five decimal places, so a figure quoted as 4.00% may be 3.99875%. And on rare occasions when too few panel banks submit, no rate is published at all, recorded as a “no fix.” Your loan agreement specifies what applies in that event. The Central Bank also publishes a disclaimer noting that neither it, the panel banks nor the calculation agent accept liability for the accuracy of the fixings or any use made of them. Worth knowing that the benchmark is provided as-is.

What to do with today’s number

If you’re on a variable rate, today’s fixing indicates where your next reset lands. Diary the reset date and check the fixing a few days beforehand, allowing for the value date. Given the September hike and the FOMC’s projected path, budget for an increase rather than assuming stability. If you’re on a fixed rate, add your reversion margin — typically 1.50% to 2.50% — to the current three-month figure. That’s what you’ll pay when the fixed period ends, and it’s the rate your affordability was stress-tested against in the first place. If your fixed period is ending within twelve months, this is the moment to compare a switch rather than after reversion. No 4% transfer fee applies on a buyout, because the property doesn’t change hands. See is refinancing worth it and our mortgage buyout guide. If you’re borrowing now, budget against the current fixing plus a realistic margin, not the introductory rate. Our guides to current UAE mortgage rates and how much you can borrow cover both sides of that.

Frequently asked questions

What is the EIBOR rate today? At the last confirmed fixing of 3 September 2026: one-month 3.81%, three-month 4.00%, six-month 4.11%, twelve-month 4.34%. The Central Bank raised its Base Rate 25 basis points on 17 September, so current EIBOR sits above these. Confirm at centralbank.ae. What is the CBUAE base rate now? 3.90% on the Overnight Deposit Facility, effective 17 September 2026, raised from 3.65%. Standing credit facilities are priced 50 basis points above it. Which EIBOR rate applies to my mortgage? The tenor named in your loan agreement, most commonly three-month. Your reset interval, which may differ from the tenor, determines how often it recalculates. When is EIBOR published? By 12:00 UAE time each business day, to five decimal places, after submissions are collected from panel banks from 11:00. Why is the rate my bank used different from today’s published rate? Fixings carry a T+2 value date, so the applicable rate may be from two business days earlier. And between resets your rate is frozen at the fixing from your last reset date. Is EIBOR the same as my mortgage rate? No. Your rate is EIBOR plus your bank’s margin, typically 0.70% to 2.25% for mortgages. Why do the four tenors differ? Longer tenors generally price higher because they commit funds for longer. The shape of the curve also reflects what banks expect rates to do — upward-sloping suggests expectations of holds or rises. Will EIBOR rise further? The Fed raised in September and a majority of FOMC members projected another increase before year end. Because the dirham is pegged to the dollar, a Fed move would be followed by the CBUAE and reflected in EIBOR within roughly one to two months. Where can I see historical EIBOR rates? The Central Bank publishes historical fixings at centralbank.ae alongside the daily rate.

Working out what it means for you

The fixing is identical for everyone. What it costs you depends on your margin, your tenor and your reset date — and across a twenty-five year loan, the margin matters far more than today’s number. We compare across 15+ UAE lenders and look at the margin and the reversion, not the headline. Get pre-approved, or speak to a consultant if your fixed period is ending and you want to know what’s available before you revert.