As market conditions in the UAE become increasingly favorable for property buyers, the challenge of covering hefty upfront costs remains a significant hurdle. Addressing this gap, Mortgage Finder, Property Finder’s mortgage advisory platform, has launched a new initiative to give first-time homebuyers a financial boost. The “Mortgage Cashback” program returns 1% of the eligible mortgage amount directly to the buyer, helping to accelerate the path to homeownership.
Quick Facts
- 1% cashback on eligible mortgage amounts
- Loans must start from AED 1 million
- Cashback ranges from AED 10,000 to AED 150,000
- Initial launch in Dubai and Abu Dhabi
How the Cashback Works
The Mortgage Cashback initiative is designed as a structured benefit rather than a competition. To qualify, applicants must be UAE nationals or residents aged 21 or older who have not held a mortgage in the past two years.
The offer applies to eligible mortgages starting from AED 1 million for properties purchased through participating agency partners. These properties are marked with a dedicated “Mortgage Cashback” badge on the Property Finder platform, simplifying the search for aspiring homeowners.
Strategic Partnerships to Expand Reach
Mortgage Finder is launching the program in collaboration with Driven Properties, a prominent real estate brokerage in Dubai. The initiative will then expand to Abu Dhabi through a partnership with MD Real Estate.
The company plans to bring additional agency partners on board in the coming months, aiming to make the cashback offer available across a wider selection of properties and markets throughout the UAE.
Aligning with Dubai’s Economic Vision
This initiative supports broader government efforts to increase homeownership, aligning with the goals of the Dubai Economic Agenda D33 and the Dubai Real Estate Strategy 2033. By lowering the initial financial barriers, Mortgage Cashback contributes to the UAE’s long-term vision of making property ownership more accessible.
Enguerran Milhiet, VP of Mortgage Finder, commented: “We’re seeing a unique moment in the market where buyers have more choice, stronger negotiating power and increasing support from both the public and private sectors. For many aspiring homeowners, however, upfront costs remain the final obstacle. Mortgage Cashback was created to remove part of that barrier. By returning meaningful cash to buyers when they need it most, we’re helping more people turn today’s market opportunity into homeownership.”
About Mortgage Finder
Mortgage Finder, a subsidiary of Property Finder, is a full-service mortgage provider in the UAE with over 20 years of experience. It has garnered over 1,600 5-star Google Reviews and is widely recognized as one of the most trusted mortgage providers in the country.
About Property Finder
Property Finder is a leading property portal in the Middle East and North Africa (MENA) region. Founded in 2007, the platform connects millions of property seekers with real estate professionals daily, offering a seamless experience to empower buyers, investors, and renters to make informed decisions.
Source: Zawya
