UAE base rate held at 3.9%: about 4 in 10 Dubai Hills Estate ready homes bought with a mortgage
About 4 in 10 ready homes sold in Dubai Hills Estate from July to September 2026 were bought with a mortgage, DLD transactions show.
UAE property news explained, week of 26/10/26.
The UAE Central Bank held its base rate at 3.9% on 28/10/26, following the US Federal Reserve's decision to keep rates unchanged, Gulf News and Emirates 24/7 reported.
The hold comes after the UAE Central Bank raised its base rate by 0.25 points in September 2026, from 3.65% to 3.9%, effective 17/09/26.
In Dubai Hills Estate (DLD area Hadaeq Sheikh Mohammed Bin Rashid), 124 of the 313 ready apartments and villas sold from 01/07/26 to 30/09/26 were bought with a mortgage, about 40%.
Across all of Dubai, 3,102 of the 9,228 ready apartments and villas sold from 01/07/26 to 30/09/26 were bought with a mortgage, about 34%.
The median mortgaged ready apartment in Dubai Hills Estate sold for AED 2.19M from July to September 2026.
