Personal Loan in the UAE

Flexible Financing Made Simple

Get the financial freedom you deserve with tailored personal loan options in the UAE.

  • Enjoy low interest rates and manageable monthly payments
  • Fast approvals for quick access to funds
  • Choose your ideal loan amount and repayment term

Whether you’re planning a renovation, funding education, or facing an emergency, personal loans are here to support your goals.

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    Personal Loans in the UAE – Your Path to Financial Flexibility

    Looking for quick cash without collateral? A personal loan in the UAE is an unsecured loan that can help you fund weddings, travel, education, debt consolidation or emergencies. Unlike mortgages, it doesn’t require property or guarantors​emiratesnbd.com. Leading banks like FAB, Emirates NBD, ADCB and RAKBANK offer personal loans tailored to UAE residents and citizens, with flexible repayment plans. Whether you’re an expat in Dubai or an Emirati in Abu Dhabi, a UAE personal loan can provide the funds you need at competitive rates.

    What Is a Personal Loan in the UAE?

    A personal loan is a lump-sum credit (AED 10,000 and up) you borrow and repay with interest over 6–48 months (sometimes up to 60 months for special cases)​bankfab.com​adcb.com. It is typically unsecured, meaning no collateral or guarantor is required​emiratesnbd.com. Banks evaluate your salary, credit history and employment to approve the loan. In the UAE, personal loans are commonly used for debt consolidation, home and car upgrades, education, weddings, or travel. Rates are generally lower than credit cards, making personal loans a cost-effective borrowing option.

    Eligibility Criteria for UAE Personal Loans

    Most banks in the UAE have similar eligibility requirements. In general, you must be:

    • A UAE resident or national (with valid visa/ID).
    • Between 21 and 60 years old​emiratesnbd.com.
    • Earning a minimum salary (commonly AED 5,000 or more)​emiratesnbd.com. For some bank offers, salary thresholds can be higher (e.g. AED 8,000–10,000).
    • Employed (usually on payroll of an approved company), or self-employed with sufficient proof of income. Self-employed applicants typically need 2+ years of business operation and a steady bank balance (e.g. 6 months of AED 50,000+)​emiratesnbd.com.

    AYN consultants can help you navigate these criteria by matching your profile to the right banks and even assisting self-employed clients in compiling required documents.

    Key Features of UAE Personal Loans

    • Loan Amount: Personal loans usually start from AED 10,000. For expats, many banks lend up to AED 750,000; UAE nationals often qualify for even larger amounts. For example, Emirates NBD offers loans up to AED 3,000,000​emiratesnbd.com (salary transfer), and some niche products go up to AED 2–2.5 million in special cases.
    • Interest Rates: Rates vary by bank and profile. Currently, loan rates generally range from ~5% to 14% per annum​bankfab.com​adcb.com. Most banks offer reducing/declining balance rates; a few fixed-rate products exist. You can often choose between a fixed or variable rate based on your preference​bankfab.com.
    • Loan Tenure: Terms typically span 6 to 48 months​adcb.com. (Some Emirati schemes allow up to 60 months​bankfab.com.) Longer tenure means lower EMIs but more total interest.
    • Processing Fee: One-time fees are common. Major banks charge around 1.05% of the loan amount (inclusive of VAT)​adcb.com​emiratesnbd.com. For example, FAB charges 1.05% (min. AED 525, max. AED 2,625)​bankfab.com, and Emirates NBD charges 1.05% (min. AED 500, max. AED 2,500)​emiratesnbd.com.
    • No Collateral Required: Most personal loans in the UAE are unsecured. Banks generally don’t require property or assets as security​emiratesnbd.com. Instead, they rely on your salary transfer (and in some cases, your end-of-service benefits) as security for the loan​adcb.com.

    These features can vary by bank and product. For example, some lenders offer grace periods on the first repayment or top-up options during your loan term.

    Current Personal Loan Interest Rates in the UAE

    Interest rates are influenced by central bank rates (like EIBOR) and competition. As of 2025, you can expect:

    • FAB (First Abu Dhabi Bank): Rates start from 4.70% p.a. for UAE nationals and 5.44% for expatriates​bankfab.com (range up to ~13.99%). FAB provides both fixed-rate and variable-rate loans​bankfab.com.
    • ADCB: Expatriate personal loans start at 6.49% and go up to around 13.49% p.a.​adcb.com. (ADCB also has a quick digital “Hayyak” loan app.)
    • Emirates NBD: Salary-transfer loans can start near 5.99% p.a. (reducing)​emiratesnbd.com. Actual rates depend on income, tenure and NBD’s credit policy. Emirates NBD also offers priority customers personal loans with no salary transfer required​emiratesnbd.com.
    • RAKBANK: For UAE nationals, loans start at 4.99% p.a. (reducing)​rakbank.ae. Expatriates can get rates around 5.49% onwards​rakbank.ae.
    • In general, nationality and bank affect rates: nationals often get slightly better rates. Also, if your employer isn’t on a bank’s approved list, specialized products (like FAB’s “Non-Listed Company Loan” at ~8.99%) are available​bankfab.com. Interest rates can change with market conditions, so it’s wise to compare current offers.

    Types of Personal Loans in the UAE

    • Expatriate Personal Loans: Most banks lend to expats on residence visas. Expats typically need a higher minimum salary (often AED 5,000–8,000) and might face slightly higher rates than Emiratis​emiratesnbd.com​adcb.com. Emirates NBD, ADCB, FAB, RAKBANK, ADIB and others all offer expat loans. Benefits include flexible purposes (no need to specify use) and quick approvals if criteria are met.
    • UAE National Loans: UAE citizens often qualify for dedicated Emirati packages with lower rates and higher amounts. For example, RAKBANK’s UAE National loan starts at 4.99%​rakbank.ae and can be up to 20× salary. There are also government-backed schemes (like National Loan Scheme) that AYN can help you explore.
    • Self-Employed and Freelancer Loans: If you’re self-employed or a freelancer, many banks have solutions. Emirates NBD Priority Banking, for instance, offers personal loans without requiring collateral or a guarantor​emiratesnbd.com, recognizing professional income. Requirements usually include 2+ years of business accounts. AYN advisors will guide self-employed clients on documentation (bank statements, trade license) to ease approval.
    • Loans Without Salary Transfer: Typically, banks prefer your salary to be paid into their account. However, some banks allow loans even if your salary is elsewhere. Emirates NBD explicitly allows personal loans without an Emirates NBD salary account​emiratesnbd.com for priority clients. FinTech lenders (like Deem) also offer unsecured loans “no salary transfer needed” options. AYN can point out these special offers if you have an account at another bank.
    • Non-Listed Company Loans: If your employer isn’t on a bank’s approved list, you can still apply through schemes like FAB’s “Non-Listed Company Loan” (up to AED 500K at ~8.99% fixed​bankfab.com). Emirates NBD’s “Personal Cash Loan” lets you borrow up to AED 500,000 even if your company isn’t approved​emiratesnbd.com. Our consultants know which banks offer these inclusive options.

    Comparing Personal Loan Options

    Not all personal loans are equal. When comparing offers, consider:

    • Interest Rate vs Tenure: A lower rate with a longer tenure can still cost more overall. Check both the nominal rate and the Effective Interest Rate (EIR). Some banks advertise very low starting rates, but the final rate depends on your profile.
    • Fees & Charges: Compare processing fees (1.05% is common​adcb.com​emiratesnbd.com) and any insurance premiums. Also, note early settlement or cancellation fees.
    • Repayment Flexibility: Some lenders allow payment deferment or easy top-ups. Check if they offer a grace period before the first installment.
    • Special Perks: Some banks provide perks like free loan cancellation within 7 days, free life insurance, or loyalty bonus points. For example, ADCB offers TouchPoints on loans​adcb.com.
    • Customer Service: Speed of approval and service quality can vary. AYN’s comparison gives insight into each bank’s processing time and support.

    Below is a quick glance at a few popular banks (rates and terms are illustrative):

    • FAB (First Abu Dhabi Bank): Loan amount up to AED 500K (non-listed product)​bankfab.com, rates from 4.70% (UAEs) / 5.44% (expats)​bankfab.com, tenure 6–48 months (60 for Nationals)​bankfab.com, fee 1.05% (min AED 525)​bankfab.com.
    • Emirates NBD: Loan up to AED 3M​emiratesnbd.com (salary transfer), rates from ~5.99% reducing​emiratesnbd.com, tenure up to 48 months​emiratesnbd.com, fee 1.05% (min AED 500)​emiratesnbd.com. Special “No Salary Transfer” priority loans also available​emiratesnbd.com.
    • ADCB: Expat loans up to ~AED 750K, rates 6.49–13.49%​adcb.com, tenure 6–48 months​adcb.com, fee 1.05% (no min noted)​adcb.com.
    • RAKBANK: Nationals loans up to 20× salary, rates from 4.99%​rakbank.ae, expats from 5.49%​rakbank.ae, tenure up to 48 months, competitive fee structure.

    We compare dozens of such options on your behalf. The best bank for your personal loan depends on your nationality, income, employer and credit score. AYN’s experts keep all offers updated to find your best fit.

    Why Trust AYN Business Consultants?

    Navigating UAE personal loans can be complex. AYN Business Consultants simplifies it for you:

    • Expert Guidance: Our consultants have in-depth knowledge of every bank’s products. We match you to the right loan plan based on your needs and financial profile.
    • Time & Cost Savings: We research and negotiate on your behalf, often securing better terms (lower interest or fees) than you could alone.
    • End-to-End Support: From pre-qualification to document prep and submission, AYN handles the paperwork. We clarify requirements (salary slips, visa, bank statements, etc.) so your application is complete​emiratesnbd.com.
    • Fast Approval: With our professional assistance, most clients get approvals significantly faster. We also liaise with banks to resolve queries promptly.
    • No Hidden Fees: AYN’s consultation is transparent. We’ll explain any service fees up front. Our goal is to be your trusted advisor, not just a broker.

    Many clients find that our guidance pays for itself through lower rates and easier processing. We are here to ensure you secure the ideal personal loan for your situation.

    Take Action: Secure Your Ideal Loan Now!

    Ready to find the best personal loan in Dubai/UAE? Contact AYN Business Consultants today for a Free consultation. Our experts will evaluate your options across major UAE banks and lenders, and guide you through the application step-by-step. Don’t settle for high-interest or long waits – let us help you get the funds you need quickly and confidently.

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    FAQs

    Eligible applicants are UAE residents or citizens between 21–60 years old, with a stable income. Most banks require a minimum salary (typically around AED 5,000)​ emiratesnbd.com. Self-employed individuals usually need 2+ years of business and sufficient bank balance​ emiratesnbd.com. AYN can check your eligibility and suggest banks that fit your profile.

    Yes. Expatriates with a valid UAE visa and salary above the bank’s threshold (often AED 5,000+) can apply. Interest rates for expats generally start slightly higher than for nationals (e.g., ~5.4% at FAB​bankfab.com or ~6.49% at ADCB​adcb.com). Documentation is similar – passport copy, visa, Emirates ID, salary certificate and bank statements are typically required​emiratesnbd.com.

    Yes. While most personal loans require salary assignment, some offers waive this. Emirates NBD’s priority banking loans allow applications even if your salary is with another bank​emiratesnbd.com. Other fintech lenders (e.g. Deem) market “no salary transfer” loans. AYN will match you to these options if you cannot or prefer not to switch your salary account.

    Interest rates currently range roughly from 4.5% to 14% per year, depending on your nationality, bank, and loan type​bankfab.com​adcb.com. Processing fees are usually about 1.05% of the loan (with AED 500–525 minimum)​emiratesnbd.com​bankfab.com. The total cost is best compared via the Effective Interest Rate (EIR). AYN consultants keep track of the latest rates so you get the most competitive deal.

    Typical personal loans go up to about AED 750,000 for expats and more for citizens. For example, Emirates NBD allows up to AED 3,000,000 for salary transfer loans​emiratesnbd.com, while RAKBANK offers up to 20× your salary​rakbank.ae. Loan tenure is generally 6 to 48 months (some programs up to 60 months)​adcb.com​bankfab.com. The exact maximum depends on your income, age and the bank’s policy.

    You will typically need: passport copy, valid UAE visa and Emirates ID, a salary certificate or employment letter, last 3–6 months of bank statements, and a blank cheque​ emiratesnbd.com. If you’re self-employed, business documents (trade license, audited accounts) may also be required. AYN’s experts will provide you with a complete checklist and help gather these documents for a smooth application.

    Still have questions?

    Reach out to AYN Business Consultants

    • Expert Guidance: We know UAE business setup inside and out – from trade license applications to visa processing.
    • Full-Service Support: Our team handles all approvals, PRO services, and documentation so you can focus on your vision.
    • Speed & Reliability: With local contacts and experience, we fast-track your license approval and avoid pitfalls.

    Ready to launch your UAE company? Contact AYN Business Consultants now for a free consultation. Our experts will design a customized plan. so you can start operating legally as soon as possible.

    we’ll be happy to clarify and help you start your personal loan application.

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