Property Finder’s mortgage advisory platform, Mortgage Finder, has introduced a new cashback programme for eligible first-time homebuyers in the UAE, offering up to Dhs150,000 to help reduce the upfront costs of buying a property.
The initiative, called Mortgage Cashback, returns 1% of an eligible mortgage amount as cashback. Buyers can receive between Dhs10,000 and Dhs150,000, depending on the value of the home loan.
Buyer eligibility
The programme is available to UAE nationals and residents aged 21 and above who have not held a mortgage during the previous two years.
Applicants must secure an eligible mortgage of at least Dhs1 million and purchase a qualifying property through a participating agency partner.
Eligible properties on the Property Finder platform will carry a Mortgage Cashback badge. The cashback is offered to every qualifying customer and is not linked to a prize draw or competition.
Partner rollout
Mortgage Cashback has launched with Driven Properties in Dubai and will expand to MD Real Estate in Abu Dhabi. Mortgage Finder said it plans to add more agency partners in the coming months to make the programme available across more properties and locations.
Enguerran Milhiet, Mortgage Finder VP, said: “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. This initiative builds on the government’s commitment to first-time buyers while extending that support across ready properties, multiple Emirates and a wide network of banking partners. It’s one more step towards making homeownership simpler, more accessible and more rewarding.”
Mortgage Finder said the programme supports wider efforts to increase homeownership in the UAE and aligns with the Dubai Economic Agenda D33 and Dubai Real Estate Strategy 2033 by helping reduce the financial burden faced by first-time buyers.
tanvir@dubainewsweek.com