Best Fixed Deposit Accounts in the UAE for 2025

Fixed Deposit in UAE : Overview

A Fixed Deposit (FD) is a safe and reliable way to grow your savings by depositing an amount with a bank for a set period at a fixed interest rate. Once deposited, your money earns steady returns without being affected by market fluctuations. Many UAE residents and expats benefit from the best fixed deposit rates in UAE offered by well-reputed banks. FDs offer guaranteed returns, making them an ideal choice for risk-free savings. With flexible tenures and multi-currency options, they cater to both short-term and long-term financial goals. Whether you’re saving for a child’s education or planning for future expenses, FDs provide financial security, supported by trusted institutions regulated by the Central Bank of the UAE.

How Does the Best Fixed Deposit Account in UAE Work? 

If you are looking for the highest fixed deposit interest rate in UAE, firstly, you need to understand how it actually works. Here we have provided simple clarifications: 

• Deposit Amount: You deposit a fixed amount of money with a bank for a specific period (called the tenure).
• Fixed Interest Rate: The bank offers a fixed interest rate on your deposit, agreed upon at the time of opening the bank account.
• No withdrawals during tenure: You cannot use or withdraw the money during this period. If you do so, a penalty will be charged (usually set by the bank).
• Maturity: At the end of the tenure, you receive your original deposit along with the earned interest, which can be used for various purposes. 

List of the Best Banks for Fixed Deposits - 2025

Here is the list of banks offering the best interest rates in UAE for fixed deposit: 

Bank	FD Tenure	Interest Rate per Annum	Minimum Deposit Amount
ADCB Bank	In months: 1, 2, 3, 6, 9, 12, and 13 In days: 50, 75, 100, 150, 200, 375, 400, and 500	Up to 3.15% annually	AED 5,000
DIB (Wakala Deposit)	3, 6, 9, 12, 18, 24, 36 and 60 months	Up to 3.95%	AED 25,000
Emirates NBD	From 7 days to 5 years	Up to 2.15%	AED 10,000
First Abu Dhabi Bank	From 1 week to 12 months	Up to 3.38%	AED 5,000
Emirates Islamic Bank	1,2,3,4, and 5 years	Up to 3.4%	AED 25,000
HSBC	1 month to 3 years	Up to 3.85%	AED 10,000
ADIB	1, 3, 6, 9, and 12 months	Up to 0.84%	AED 10,000
Sharjah Islamic Bank	1, 3, 6, 9, and 12 months	Up to 1.21% profit rate/monthly	AED 10,000
RAK Bank	1 month to 3 years	Up to 0.70%	AED 25,000

Note: FD interest rates may fluctuate over time due to factors such as market conditions, bank terms and conditions, and other factors. These variations can affect the returns you receive, so it's important to stay updated on the latest rates offered by banks.

Benefits of a Fixed Deposit Account in the UAE

Here we have discussed the top benefits of opening the best fixed deposit account in UAE: 

• Guaranteed Returns - With a fixed deposit, your money grows at a predetermined interest rate, unaffected by market ups and downs. You know exactly how much you’ll earn by the end of the deposit period.
• Safe Investment - People who are looking for a safe and stable investment, fixed deposits are the ideal option to choose. Unlike other investments, such as stocks, there’s no risk of losing your money as long as you keep it until maturity.
• Flexible Tenure - Another benefit of opening an FD account is that you can choose a deposit period that suits your financial goals. From a few months to several years, FD accounts allow you to make short-term or long-term investments. 
• Shariah-Compliant Options - In the UAE, there are plenty of Islamic banks that offer profit-sharing fixed deposits, following Shariah principles. This option is suitable for those seeking ethical banking options to generate an extended income. 
• Loan Against FD - Most banks let you borrow a high loan amount against your FD without breaking the deposit. In this scenario, your FD works as collateral, and you can avail of a lower interest rate compared to other types of loans. 

Best Fixed Deposit Accounts in UAE

Here is the list of which banks are best for fixed deposits in the UAE in terms of features, profit/interest rates and ease of application.

• Emirates NBD Fixed Deposit Schemes - Emirates NBD offers one of the best fixed deposit interest rates in UAE. An individual is required to deposit a minimum of AED 10,000 to open a fixed deposit. Moreover, it accepts multiple currencies such as AED, USD, GBP, EUR. The account also offers flexible tenure of investment and the option to withdraw the amount prematurely.
• Standard Chartered Bank Fixed Deposits - Standard Chartered Bank promises competitive interest rates on the fixed deposit accounts and provides flexible tenure of investment. An individual can open the bank account in major international currencies with a minimum deposit of AED 25,000.
•  Abu Dhabi Commercial Bank Fixed Deposits - Abu Dhabi Commercial Bank is one of the leading banks in UAE and offers an interest rate of up to 3.15 percent per annum on its fixed deposits. The bank accepts major international currencies like USD, EUR apart from UAE Dirham. A minimum deposit of AED 5,000 is required to open a fixed deposit account. Abu Dhabi Commercial Bank Fixed Deposit comes with an overdraft facility and flexible tenure of investment.

Factors Affecting the Best FD Rates in UAE

Consider the following factors while opening an FD account in the UAE: 

• Interest Rate - If you are looking for the highest fixed deposit interest rate in UAE, you must understand that higher rates often come with extended tenures. 
• Deposit Tenure - You can make short and long-term investments with an FD account. While opting for a specific tenure, choose the option that aligns with your financial condition and current circumstances to maximise the benefit. 
• Deposit Amount - Banks typically require a minimum deposit amount to open an FD account in the UAE. Make sure you have sufficient funds to initiate the investment. 
• Central Bank Policies - Interest rate decisions by the Central Bank of the UAE influence how much banks are willing to offer on fixed deposits.
• Other Factors - It’s important to pay attention to the features and benefits related to the fixed deposit account you have chosen. Make sure to be aware of the payout options, penalty on premature withdrawal, and required documents to open the account. This will help you make an informed decision and avoid any surprises down the line.

Tips to Choose the Best Fixed Deposit Account in UAE 

Keep the following tips in mind to get the best interest rates in UAE for fixed deposit account: 

• Always check and compare FD interest rates across banks
• Choose an FD tenure that aligns with your financial goals
• Understand the consequences of breaking the FD
• Ensure the minimum deposit amount matches your budget
• Prefer banks with a solid reputation in the UAE, along with dedicated customer service

Conclusion 

By opening the best fixed deposit account in UAE, you can save your money and get assured returns without any risk. Compare the interest rates offered by the leading banks in the UAE from the aforementioned information and choose the right one that aligns with your financial goals, whether it is saving for future expenses, emergencies, or investment goals.