Finding the best personal loan in UAE becomes easier when you understand what to compare. With multiple banks offering a wide range of options, choosing the right one is essential. This guide is here that will help you find the best personal loan option on the basis of your category, such as residency, salary, and more.
How We Evaluate and Rank the Best Personal Loans in the UAE?
We use an expert-led methodology to identify and rank the best personal loan options in UAE based on key borrower-centric factors:
Interest or Profit Rates
Loan Amount
Salary Requirements
Financial Needs
By evaluating these factors, we ensure you receive the right financing solution that fits your financial needs and budget.
Top 10 Banks Offering the Best Personal Loans in UAE 2026
*Personal loan interest rates vary as per your profile and can change over time. Always check before applying for the latest rates.
Best Instant Personal Loan in UAE for Quick Approval
Instant personal loans have become a popular financing option for UAE residents. These loans offer quick access to funds when you need them most. Whether it’s for an emergency, personal expense, or short-term financial need, this option provides fast and convenient support.
Unlike traditional financing, instant personal loans involve minimal paperwork and do not require collateral. With quick eligibility checks and streamlined processing, you can receive loan approval and disbursal within minutes, making the entire process hassle-free.
Here are the top 3 financial institutions offering instant or quick personal loans in the UAE -
High loan amount Up to AED 150,000 (non-salary transfer)
Repayment tenure Up to 48 months
100% digital process
Loan approvals in minutes
Pro Tip: Instant personal loans often come with higher interest rates. Always compare offers carefully and choose one that fits your budget to avoid unnecessary costs and reduce the risk of financial stress.
Best Personal Loan in UAE Based on Your Salary
Applicants across different salary brackets, including low-income earners, can apply for personal loans in UAE. The recent update from the Central Bank of the UAE has made personal financing more accessible to a wider range of residents.
Your salary, however, remains a key factor in determining the best personal loan in Dubai. This is because it directly impacts the eligible loan amount, interest rate, and repayment tenure. UAE banks and financial institutions check your monthly income to offer customised loan options that align with your financial profile. In most cases, you can get a loan of up to 20 times your monthly salary (subject to bank policies and eligibility criteria).
Here are the personal loan options from different banks based on salary ranges
Best Personal Loan in Dubai for Expats and UAE Nationals
UAE banks and financial institutions offer flexible personal finance solutions for both nationals and expats. Here is a comparison of the best personal loan options available for UAE nationals and expatriates.
Top Banks
Personal Loan for Nationals
Personal Loan for Expats
Abu Dhabi Commercial Bank (ADCB)
Low interest rate, starting from 5.24%
Enjoy up to 3x salary overdraft
Minimum salary requirement of AED 5,000
Competitive interest rate, starting from 6.49%
Get up to 2x salary overdraft
Minimum salary requirement of AED 5,000
RAKBANK
Interest rate starting from 4.39%
Minimum monthly salary of AED 3,000
Easy loan transfer facility
Interest rate starting from 5.49%
Minimum monthly salary of AED 5,000
Top-up facility for existing loan
Emirates NBD
High finance amount of up to AED 4,000,000
Free zero balance account
First payment deferment up to 120 days
High finance amount of up to AED 2,000,000
Maintain a zero-balance account
First payment deferment up to 45 days
How to Find the Best Personal Loan in UAE?
Finding the best personal loan in the UAE becomes easier when you follow a step-by-step approach. Comparing the right factors helps you save money, avoid hidden charges, and choose a loan that fits your financial needs.
Keep the following things in mind while applying for a personal loan in UAE:
Check Your Eligibility First
Before applying, understand whether you meet the bank’s eligibility criteria. Most UAE banks consider —
Minimum monthly salary
Employment type (salaried or self-employed)
Age and residency status
Credit score
On the basis of the following factors, they approve or reject your loan application.
Compare Interest Rates, Not Just EMI
Don’t focus only on the EMI. Your monthly payment depends on the interest or profit rate charged by the bank. Compare flat and reducing interest rates, check the APR, and review the total repayment amount. A lower interest rate usually means lower overall loan costs.
Understand All Fees and Charges
The best personal loan in UAE is not just about low interest. You must check various fees and charges involved in the finance option, such as -
Processing fees
Early settlement charges
Late payment penalties and more
For instance, a bank offers an excellent loan at low interest rates. However, the early settlement charge is high. So if you plan to use all bonuses and side incomes to repay the loan early, it’d be advisable to avoid this loan.
Check Your Credit Score
A good credit score improves your chances of loan approval. It also helps you secure better interest rates. Before applying, check your score. If it’s low, focus on improving it. For this, you can pay bills on time, clear dues, avoid multiple loan applications, and more.
Eligibility Criteria to Get the Best Personal Loan in UAE
To get the best personal loan in Dubai, UAE, you need to meet certain eligibility criteria. While the exact requirements may differ as per the bank, the standard requirements are as follows -
You must be at least 21 years old to get the best personal loan in UAE.
You must have a UAE residence proof
Both self-employed and salaried individuals can apply
Your debt-burden-ratio should not exceed 50%
You must have a good credit score, typically more than 650-700
Easy Steps to Apply for the Best Personal Loan in UAE
With Paisabazaar.ae, it’s easy to get the best personal loan in Dubai. Just follow these steps and apply for the loan that suits you best -
Compare all the options and apply for the best loan that suits your needs
Paisabazaar.ae is a leading online marketplace that helps you compare personal loan offers from top UAE banks in one place. With a quick, digital process and minimal documentation, you can apply for the best personal loan in the UAE from the comfort of your home.
Tips for Getting Approved for a Personal Loan in UAE
Getting your personal loan approved in the UAE is easier if you follow a few simple steps. Here’s how you can increase your chances of approval -
Maintain a Good Credit Score – A strong aecb credit score improves approval chances and may also help you get lower interest rates. To improve your score, pay bills on time and manage your debts smartly.
Apply for the Right Loan Amount – Request a loan that you can comfortably repay. Avoid applying for more than your income allows.
Reduce Existing Debts – Lower your debt-to-income ratio by paying off existing loans or credit card balances before applying. This improves your credit profile and increases lenders’ confidence in your repayment ability.
Avoid Multiple Applications at Once – Submitting several applications in a short time can damage your credit score and reduce approval chances.
Which Personal Loan is the Best for You?
The best personal loan in UAE depends on your financial needs, income, and repayment ability. For emergencies or quick cash, instant personal loans from banks like Mashreq Neo, Liv., or CBD are fast and require minimal documents.
If you need a higher amount for projects or debt consolidation, banks such as Emirates NBD, FAB, or DIB offer larger loans with flexible terms. It’s recommended to compare interest rates, fees, and repayment options - not just the EMI - to choose a loan that fits your budget.
Your salary and eligibility also play a key role in deciding the right loan. Banks set minimum salary and credit score requirements, while features like loan top-ups, deferment, and flexible tenures can make repayments easier.
You can use Paisabazaar.ae to compare multiple offers quickly, check eligibility, and apply online with minimal hassle. This helps you find the best personal loan in UAE that suits you perfectly.
Frequently Asked Questions
Q1. Is it possible to get a personal loan in Dubai?
Ans: Yes. You can easily get a personal loan in Dubai and even in other Emirates. Many banks and financial institutions offer loans to both UAE nationals and expats.
Q1. Is it possible to get a personal loan in Dubai?
Ans: Banks like RAKBANK, Emirates NBD, CBD, ADIB, and more offer quick approval for personal loans in UAE. However, to get the loan easily, you need to meet certain eligibility requirements set by the lender.
Q1. Is it possible to get a personal loan in Dubai?
Ans: Typically, personal loan interest rates start from around 2.49% in the UAE. The actual interest (or profit) rate may vary as per the bank, credit profile, and loan type.
Q1. Is it possible to get a personal loan in Dubai?
Ans: Banks typically charge a processing fee of up to 1.05% of the loan amount for personal loan in UAE.
Q1. Is it possible to get a personal loan in Dubai?
Ans. Not always, but several banks require you to transfer your salary for a personal loan in the UAE. This helps you get better interest rates.
Q1. Is it possible to get a personal loan in Dubai?
Ans. There is no fixed minimum salary mandated by the Central Bank of the UAE to get a personal loan. However, most banks set their own eligibility criteria and typically require a minimum monthly salary of AED 3,000 or above. Note that the final requirement depends on your profile, employer category, and credit score.
Mohammed Abbas Ahmed SaghayerDubai, October 7, 2025
★★★★★
Good number of optionsSo many amazing personal loans from possibly all the top banks in one place, really liked that! All of this supported by helpful customer team, particularly Mr. Arbaz. His help was very useful as I was not ready to see so many options.
Mohammed aliDubai, October 6, 2025
★★★★★
Easiest application Came to Paisabazaar.ae on my colleague’s recommendation but didn’t expect application to be THIS easy! Barely any calls, just some clicks I had to make and choose. The documentation was very clear, so I didn’t have to call or text multiple times or rush at the last minute. All in all, absolutely superb with how easy the process is.
AngelineAbu Dhabi, October 5, 2025
★★★★★
Very low interest ratesI have always found interest rates very high here on loans in the UAE. Thanks to Paisabazaar.ae, this changed for good. I was totally blown away with how many amazing loans with such low rates were there. Of course, solid website and customer service but the low rates were very, very helpful!
Hussain MureedDubai, October 3, 2025
★★★★★
Highly helpful teamLoved how Paisabazaar UAE is so helpful and reliable. When I went to the website for personal loan, their experts were very understanding. In particular, I appreciate Amina who took time to understand my budget and needs, and get a loan with literally 0 hassle. Superb site, recommend 10/10.
MahmoudDubai, October 1, 2025
★★★★★
Pretty quick serviceAll my life, getting a personal loan has been a time-taking process. But with Paisabazaar.ae, I was done with the procedure within a day! The team was helpful and helped me choose and apply in no time!
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