K|Wise · Glossary
Every mortgage term, in the language of borrowers.
EIBOR, LTV, DSR, DBR, NOC — every acronym that shows up on a UAE mortgage offer, with a one paragraph definition you'll actually remember.
Alphabetical · 2 terms
The dictionary, end to end.
S2 terms
Settlement
#settlementThe full repayment of a mortgage, either at the natural end of the term or via early settlement. The UAE Central Bank caps the early settlement fee at 1% of the outstanding balance, max AED 10,000.
Stress Test
#stress-testA lender's affordability check that simulates a higher interest rate to ensure the borrower can sustain repayments if rates rise. UAE banks typically stress-test 2% above the contractual rate.
02 Want the long form?
Read the guides — same plain English, more depth.
The Blog and FAQs unpack these terms in real-world scenarios — fix vs float, refinance break-even, non-resident eligibility, and more.