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 Mashreq, a leading financial institution in the MENA region, has launched a limited-time promotional campaign offering a fixed AED 5,000 cashback for homebuyers who secure mortgage financing through the bank's digital channels. The initiative is strategically designed to offset relocation expenses and streamline the property acquisition experience for clients.

Digital Mortgage Offer Parameters

The campaign incentivizes the use of the bank's digital infrastructure, offering an accelerated pathway from initial application to final disbursement.

ParameterEligibility & Details

Target AudienceUAE Residents and Non-Residents

Financing TypesConventional Mortgages and Sharia-compliant Ijara facilities

Minimum Loan ThresholdAED 500,000

Qualifying ChannelsMashreq official website or mobile banking application

Reward DisbursementAED 5,000 deposited directly into the customer’s account upon successful loan drawdown

Strategic and Market Context

Srinivasan Padmanabhan, Head of Mortgage Finance at Mashreq, noted that the bank pioneered fully digital mortgage pre-approvals in the UAE to provide buyers with upfront clarity and control. He stated that the cashback reward reinforces Mashreq’s commitment to digital innovation by delivering immediate, tangible value to clients finalizing their home purchases.

The digital financing push aligns with sustained upward momentum across the UAE property sector. During the first half of 2026, Dubai recorded AED 286 billion in real estate transactions, marking the second-highest H1 sales performance on record. Concurrently, the volume of mortgage financing reached approximately AED 102 billion, with mortgage-backed transactions currently accounting for 36% of all ready-home purchases in the market.