SavingsMASHREQ BANK
Mashreq Islamic NEO Plus Saver Account
No monthly fee
Profit rate: Up to 6.25% p.a., paid monthly
No minimum balance
Best Savings Accounts in the UAE (2026)
Compare UAE savings accounts on profit and interest rates, payout frequency, monthly fees, and minimum balance requirements. From fully digital no-minimum-balance accounts to two prize-draw accounts that trade a rate for a draw entry, these are reviewed for real terms, not headline rates.
Savings
SavingsMASHREQ BANK
Mashreq NEO Plus Savings Account
No monthly fee
Interest rate: Up to 6.25% p.a., paid monthly
No minimum balance
SavingsFIRST ABU DHABI BANK (FAB)
FAB iSave Account
No monthly fee
Interest rate: Up to 3.4% p.a., paid monthly
No minimum balance
SavingsMASHREQ BANK
Mashreq Islamic Wakala Convenience Account
Monthly fee: AED 26.25/month below AED 3,000
Profit rate: Up to 1.5% p.a., paid monthly
Banking model: Shariah-compliant
SavingsLIV DIGITAL BANK BY EMIRATES NBD
Liv Lite
No monthly fee
Interest rate: Up to 1% p.a., paid monthly
No minimum balance
SavingsRUYA COMMUNITY ISLAMIC BANK
ruya Savings Account
No monthly fee
Profit rate: 0.79% p.a., paid quarterly, declared for Q3 2026
No minimum balance
SavingsMASHREQ BANK
Mashreq Islamic Easy Saver Account
No monthly fee
Profit rate: 0.69% p.a., paid quarterly, declared for Q3 2026
No minimum balance
SavingsCOMMERCIAL BANK OF DUBAI (CBD)
CBD Al Islami Savings Account
Banking model: Shariah-compliant
Profit rate: Up to 0.57% p.a., paid quarterly, declared for Q1 2026
Minimum balance: AED 5,000
SavingsCOMMERCIAL BANK OF DUBAI (CBD)
CBD Al Islami GreenGrowth Account
No monthly fee
Profit rate: Up to 1.25% p.a., paid quarterly
No minimum balance
SavingsCOMMERCIAL BANK OF DUBAI (CBD)
CBD GreenGrowth Account
No monthly fee
Interest rate: Up to 1.25% p.a., paid monthly
No minimum balance
SavingsMASHREQ BANK
Mashreq Daily Bonus Account
Monthly fee: AED 26.25/month below AED 3,000
Interest rate: Up to 1.5% p.a.
Transfers: Unlimited Withdrawals
SavingsFIRST ABU DHABI BANK (FAB)
FAB Emirati Al Awwal Savings Certificate
No monthly fee
Profit rate: 0.5% p.a.
Regular cash prize draws
SavingsEMIRATES ISLAMIC
Emirates Islamic Investment Savings Account
Monthly fee: AED 26.25/month below AED 3,000
Profit rate: 0.35% p.a., paid quarterly
Minimum balance: AED 3,000
SavingsMASHREQ BANK
Mashreq Noon Savings Account
Free debit card
Interest rate: Up to 1.1% p.a., paid monthly
Account type: Savings account
SavingsMASHREQ BANK
Mashreq Islamic Basic Savings Account
Monthly fee: AED 26.25/month below AED 3,000
Profit rate: 0.29% p.a., paid quarterly, declared for Q3 2026
Banking model: Shariah-compliant
SavingsABU DHABI ISLAMIC BANK (ADIB)
ADIB Ghina Salary Account
Monthly fee: AED 26.25/month below AED 3,000
Profit rate: Up to 0.3% p.a., paid monthly, declared for July 2026
Minimum balance: AED 3,000
SavingsABU DHABI ISLAMIC BANK (ADIB)
ADIB Ghina Savings Account
Monthly fee: AED 26.25/month below AED 3,000
Profit rate: Up to 0.3% p.a., paid monthly, declared for July 2026
Minimum balance: AED 3,000
SavingsABU DHABI ISLAMIC BANK (ADIB)
ADIB Savings Account
Monthly fee: AED 26.25/month below AED 3,000
Profit rate: Up to 0.3% p.a., paid monthly, declared for July 2026
Minimum balance: AED 3,000
SavingsAL MARYAH COMMUNITY BANK
Mbank Savings Account
Monthly fee: AED 26.25/month, waivable
Interest rate: Up to 0.75% p.a., paid monthly
No minimum balance
SavingsRAKBANK
RAKBANK Islamic Savings Account
Monthly fee: AED 26.25/month below AED 3,000
Profit rate: Up to 7% p.a.
Minimum balance: AED 3,000
SavingsRAKBANK
RAKBANK Savings Account
Monthly fee: AED 26.25/month below AED 3,000
Interest rate: Up to 7% p.a.
Minimum balance: AED 3,000
SavingsEMIRATES NBD
Emirates NBD Savings Account
Monthly fee: AED 26.25/month below AED 3,000
Interest rate: 0.2% p.a., paid half-yearly
Minimum balance: AED 3,000
SavingsEMIRATES ISLAMIC
Emirates Islamic Kunooz Millionaire Account
Monthly fee: AED 26.25/month below AED 3,000
Profit rate: 0.1% p.a., paid quarterly
Minimum balance: AED 3,000
SavingsRAKBANK
RAKBANK Call Deposit Account
Monthly fee: AED 26.25/month below AED 3,000
Interest rate: 0.1% p.a., paid quarterly
Minimum balance: AED 3,000
SavingsRAKBANK
RAKBANK Islamic Call Investment Deposit
Monthly fee: AED 26.25/month below AED 3,000
Profit rate: 0.1% p.a., paid quarterly
Minimum balance: AED 3,000
SavingsCOMMERCIAL BANK OF DUBAI (CBD)
CBD Savings Account
Monthly fee: AED 105/month below AED 5,000
Interest rate: Up to 0.1% p.a., paid half-yearly
Minimum balance: AED 5,000
SavingsCITIBANK
Citi Savings Account
Monthly fee: AED 25/month below AED 3,000
Interest rate: 0.05% p.a., paid monthly
Minimum balance: AED 3,000
SavingsFIRST ABU DHABI BANK (FAB)
FAB Personal Call Account
Monthly fee: AED 26.25/month below AED 3,000
Interest rate: 0.02% p.a., paid monthly
Minimum balance: AED 3,000
SavingsFIRST ABU DHABI BANK (FAB)
FAB Personal Savings Account
Monthly fee: AED 26.25/month below AED 3,000
Interest rate: 0.02% p.a., paid half-yearly
Minimum balance: AED 3,000
SavingsABU DHABI COMMERCIAL BANK (ADCB)
ADCB Islamic Millionaire Destiny Savings Account
Monthly fee: Free to AED 100/month
Profit rate: 0.01% p.a., paid quarterly, declared for Q2 2026
Regular cash prize draws
SavingsHSBC
HSBC Savings Account
Monthly fee: AED 26.25/month below AED 3,000
Interest rate: Up to 5.01% p.a.
Minimum balance: AED 3,000
SavingsABU DHABI COMMERCIAL BANK (ADCB)
ADCB Instant Tourist Account
Monthly fee: AED 26.25/month, waivable
Transfers: One International Beneficiary
No minimum balance
SavingsDUBAI ISLAMIC BANK
DIB Al Islami E-Savings Account
Banking model: Shariah-compliant
Profit rate: 0.2% p.a., paid quarterly, declared for Q2 2026
No minimum balance
SavingsDUBAI ISLAMIC BANK
DIB Shaatir Savings Account
No monthly fee
Profit rate: 0.3% p.a., paid quarterly, declared for Q2 2026
No minimum balance
SavingsHSBC
HSBC E-Saver Account
No monthly fee
Interest rate: Up to 2% p.a., paid monthly
No minimum balance
SavingsLIV DIGITAL BANK BY EMIRATES NBD
Liv Goal Account
No monthly fee
Interest rate: Up to 4% p.a., paid monthly
No minimum balance
SavingsWIO BANK
Wio Saving Spaces
Monthly fee: Wio plan: free to AED 49/month
Interest rate: Up to 3.25% p.a., paid monthly
No minimum balance
SavingsDUBAI ISLAMIC BANK
DIB Al Islami Savings Account
Monthly fee: AED 26.25/month below AED 3,000
Profit rate: 0.12% p.a., paid quarterly, declared for Q2 2026
Minimum balance: AED 3,000
SavingsMASHREQ BANK
Mashreq Savings Account
Monthly fee: AED 26.25/month below AED 3,000
Free debit card
No interest paid
SavingsRAKBANK
RAKBANK Rakbooster Account
Monthly fee: AED 26.25/month below AED 3,000
Interest rate: Up to 1.75% p.a.
Minimum balance: AED 3,000
SavingsABU DHABI ISLAMIC BANK (ADIB)
ADIB Short Term Investment Account
Banking model: Shariah-compliant
Profit rate: Up to 0.55% p.a., paid monthly, declared for August 2026
Opening deposit: AED 10,000
SavingsABU DHABI ISLAMIC BANK (ADIB)
ADIB Xpress Account
Monthly fee: AED 2.1/month
Profit rate: Up to 0.3% p.a., declared for July 2026
No minimum balance
SavingsABU DHABI COMMERCIAL BANK (ADCB)
ADCB Goal Savings Account
Monthly fee: Free to AED 100/month
Interest rate: Up to 4.5% p.a.
Residency: UAE residents only
SavingsABU DHABI COMMERCIAL BANK (ADCB)
ADCB Islamic Goal Savings Account
Monthly fee: Free to AED 100/month
Profit rate: Up to 4.5% p.a.
Banking model: Shariah-compliant
SavingsABU DHABI COMMERCIAL BANK (ADCB)
ADCB Active Saver Account
Monthly fee: Free to AED 100/month
Interest rate: Up to 2.25% p.a., paid monthly
Residency: UAE residents only
SavingsABU DHABI COMMERCIAL BANK (ADCB)
ADCB Islamic Active Saver Account
Monthly fee: Free to AED 100/month
Profit rate: Up to 2.25% p.a., paid monthly
Banking model: Shariah-compliant
SavingsABU DHABI COMMERCIAL BANK (ADCB)
ADCB Call Account
Monthly fee: Free to AED 100/month
Interest rate: 0.1% p.a., paid monthly
Opening deposit: AED 5,000
SavingsABU DHABI COMMERCIAL BANK (ADCB)
ADCB Islamic Savings Account
Monthly fee: Free to AED 100/month
Profit rate: 0.1% p.a., paid quarterly, declared for Q2 2026
Banking model: Shariah-compliant
SavingsABU DHABI COMMERCIAL BANK (ADCB)
ADCB Islamic Special Savings Account
Monthly fee: Free to AED 100/month
Profit rate: 0.1% p.a., paid quarterly, declared for Q2 2026
Banking model: Shariah-compliant
SavingsABU DHABI COMMERCIAL BANK (ADCB)
ADCB Savings Account
Monthly fee: Free to AED 100/month
Interest rate: 0.1% p.a., paid half-yearly
Free debit card
SavingsABU DHABI COMMERCIAL BANK (ADCB)
ADCB Islamic Emirati Millionaire Savings Account
Monthly fee: Free to AED 100/month
Profit rate: 0.01% p.a., paid quarterly, declared for Q2 2026
Regular cash prize draws
SavingsABU DHABI COMMERCIAL BANK (ADCB)
ADCB Islamic Super Saver Account
Monthly fee: Free to AED 100/month
Profit rate: Up to 5.5% p.a., paid monthly
Banking model: Shariah-compliant
SavingsABU DHABI COMMERCIAL BANK (ADCB)
ADCB Super Saver Account
Monthly fee: Free to AED 100/month
Interest rate: Up to 5.5% p.a., paid monthly
Who can open it: Existing customers of the bank
SavingsABU DHABI COMMERCIAL BANK (ADCB)
ADCB Cashback Account
Monthly fee: Free to AED 100/month
Interest rate: Up to 2% p.a., paid monthly
Residency: UAE residents only
SavingsABU DHABI COMMERCIAL BANK (ADCB)
ADCB Foreign Currency Savings Account
Monthly fee: Free to AED 100/month
Interest rate: Up to 0.1% p.a., paid monthly
Account opening: Fully digital, no branch visit
SavingsABU DHABI ISLAMIC BANK (ADIB)
ADIB Amwali Account
Banking model: Shariah-compliant
Free Amwali Transfers
Free debit card
SavingsABU DHABI ISLAMIC BANK (ADIB)
ADIB Amwali Goal Account
Banking model: Shariah-compliant
Account opening: Fully digital, no branch visit
Closure fee: AED 105 in the first 6 months
SavingsABU DHABI ISLAMIC BANK (ADIB)
ADIB Banoon Savings Account
Banking model: Shariah-compliant
Free debit card
Opening deposit: AED 0
SavingsABU DHABI ISLAMIC BANK (ADIB)
ADIB Seed Saving Account
Banking model: Shariah-compliant
Free debit card
No minimum balance
SavingsABU DHABI ISLAMIC BANK (ADIB)
ADIB Student Savings Account
Banking model: Shariah-compliant
Residency: UAE residents only
No minimum balance
SavingsCOMMERCIAL BANK OF DUBAI (CBD)
CBD Mustaqbali Savings
Monthly contribution: AED 250
Tenure: 60 months to 216 months
Account type: Savings account
SavingsDUBAI ISLAMIC BANK
DIB Al Islami Payroll Savings Account
Monthly fee: Free to AED 20/month
Banking model: Shariah-compliant
Opening deposit: AED 0
SavingsDUBAI ISLAMIC BANK
DIB Johara Savings Account
Monthly fee: AED 26.25/month below AED 3,000
Banking model: Shariah-compliant
Minimum balance: AED 3,000
SavingsDUBAI ISLAMIC BANK
DIB Millionaire Account
Monthly fee: AED 26.25/month below AED 3,000
Regular cash prize draws
Minimum balance: AED 3,000
SavingsEMIRATES ISLAMIC
Emirates Islamic e-Savings Account
Banking model: Shariah-compliant
Profit rate: Up to 1.5% p.a., paid monthly
No minimum balance
SavingsFIRST ABU DHABI BANK (FAB)
FAB Islamic Savings Account
Monthly fee: AED 26.25/month below AED 3,000
Banking model: Shariah-compliant
Minimum balance: AED 3,000
SavingsLIV DIGITAL BANK BY EMIRATES NBD
Liv Millionaire Account
Regular cash prize draws
Account opening: Fully digital, no branch visit
No minimum balance
SavingsLIV DIGITAL BANK BY EMIRATES NBD
Liv Multicurrency Account
AED + foreign currencies
Interest rate: Up to 2.75% p.a., paid monthly
No minimum balance
SavingsMASHREQ BANK
Mashreq Islamic Multi Currency Account
Banking model: Shariah-compliant
Profit rate: 0.01% p.a., paid monthly
No minimum balance
SavingsMASHREQ BANK
Mashreq Islamic Nature Saver Account
Monthly fee: AED 26.25/month below AED 3,000
Profit rate: Up to 2.5% p.a., paid monthly
Banking model: Shariah-compliant
SavingsAL MARYAH COMMUNITY BANK
Mbank Eyalna Minors Savings Account
Free debit card
Interest rate: Up to 0.75% p.a., paid monthly
Account opening: Fully digital, no branch visit
SavingsRAKBANK
RAKBANK Watani Starter Account
Banking model: Shariah-compliant
Account type: Savings account
No minimum balance
SavingsWIO BANK
Wio Kids Saving Spaces
Account opening: Fully digital, no branch visit
Interest rate: 10% p.a.
Who can open it: Existing customers of the bank
SavingsRUYA COMMUNITY ISLAMIC BANK
ruya Kids Savings Account
Banking model: Shariah-compliant
Profit rate: 1.18% p.a., declared for Q3 2026
No minimum balance
What actually determines what you earn
UAE savings accounts advertise a headline rate, and the headline is rarely what you get. Three things decide the real return: whether the rate is interest or profit, what balance the rate is calculated on, and how often it is paid out.
Interest and profit are not the same instrument
Conventional banks pay interest — a contractual rate, fixed in advance. Islamic banks share profit under a Mudaraba or Wakala structure, where the bank declares a rate periodically based on what the underlying pool actually earned. An advertised profit rate is therefore an expectation rather than a promise, and it can be revised. In practice declared rates have been stable, but the two are different products and comparing their headline numbers directly overstates how comparable they are.
The balance the rate is calculated on
This is where most of the real variation sits. An account paying on your minimum monthly balance pays on the lowest point the account touched that month, so a single large payment out can wipe out most of the month's return even if the balance recovered immediately. An account paying on the average balance is far more forgiving. And an account paying from the first dirham with no minimum balance behaves differently again — it earns on small balances that a threshold-based account would pay nothing on.
Payout frequency compounds the difference
Monthly, quarterly and half-yearly payouts on the same nominal rate do not produce the same return, because each payout starts earning. On a small balance the difference is immaterial; on a large one held for years it is not.
What to check before opening
Read the rate together with its conditions rather than on its own. A 4% rate that needs a paid subscription and a salary transfer, like the Liv Goal Account, is a genuinely different product from a lower rate paid unconditionally from the first dirham. Neither is better in the abstract — the first is better if you meet the conditions and the second if you do not. Then check the monthly fee and whether a balance threshold triggers it, because a fall-below fee can easily exceed a year of profit on a modest balance. Compare all UAE accounts if you want the fee side rather than the rate side.
Frequently asked questions
Get answers to common questions about savings accounts