Dubai has taken a major step toward making homeownership more accessible and achievable for its long-term residents. The newly launched First-Time Home Buyer Programme, introduced on July 2, 2025, by the Dubai Land Department (DLD) in collaboration with the Dubai Department of Economy and Tourism (DET), aims to support residents in buying their first home in the emirate. 

This initiative brings together the city’s top developers, major financial institutions, and licensed brokers to simplify the path to property ownership and boost homeownership rates across Dubai.

Why This Matters for First-Time Buyers in Dubai

For many residents, buying property in Dubai has remained just out of reach due to rising rents, large upfront deposits, and limited mortgage flexibility. This new programme addresses those barriers directly, opening the door for thousands of residents who dream of owning a home in the city they live and work in.

Whether you're planning to shift from renting to owning or just starting your real estate journey, this programme is a game changer for first-time buyers.

Who Can Apply?

To qualify for the First-Time Home Buyer Programme, you must meet the following criteria:

• Be at least 18 years old
• Be purchasing a home priced under AED 5 million
• Must not currently own a freehold residential property in Dubai
• Be a UAE resident, whether expat or national
  

Eligible applicants can register via the Dubai REST app or directly on the Dubai Land Department’s website.

Exclusive Benefits for First-Time Buyers

The initiative comes with a host of incentives tailored specifically for new buyers:

• Priority access to new unit launches from 13 of Dubai’s top developers

• Exclusive pricing on eligible properties

• Flexible payment plans designed for first-time homeowners

• Zero-interest instalment options through select bank credit cards for DLD fees
  

• Reduced mortgage interest rates and processing charges from leading banks
  
  

These benefits are aimed at easing the financial burden and providing a clear, supported pathway to property ownership.

Leading Developers and Banks Backing the Programme

A total of 13 major developers are participating in the programme, including:

• Emaar, Nakheel, DAMAC, Ellington, Danube, Azizi, Meraas, Majid Al Futtaim, Wasl, Dubai Properties, Beyond Developments, Binghatti, and Palma Development

On the banking side, five top institutions are offering tailored mortgage solutions:

• Dubai Islamic Bank

• Emirates NBD

• Commercial Bank of Dubai

• Mashreq

• Emirates Islamic

Each bank offers a suite of products crafted to meet the financial needs of first-time buyers, from competitive rates to low processing fees.

What’s Driving This Move?

Dubai’s population continues to surge—reaching 3.95 million in June 2025, with over 220,000 new residents arriving in 2024 alone. As demand for housing grows, so does the need for inclusive, sustainable homeownership solutions.

This programme also aligns with the goals of the Dubai 2040 Urban Master Plan, which focuses on revitalising key areas such as Deira, Bur Dubai, Downtown, Business Bay, JBR, and Dubai Marina, while expanding affordable housing options and improving overall livability.

How the Programme Works

Here's a quick overview of how first-time buyers can benefit:

• Validate eligibility with your Emirates ID

• Register on the Dubai REST app or DLD’s official website

• Generate a QR code that can be scanned by developers or banks to confirm your eligibility

• Partner brokers assist with property search, mortgage facilitation, and support throughout the transaction process

This structured journey ensures complete transparency while keeping buyers in full control of their lead and deal flow.

Tips for First-Time Home Buyers in Dubai

If you’re new to the property market, here are a few tips to help you start smart:

• Create a realistic budget before you begin

• Research mortgage options early on

• Factor in service charges, registration fees, and maintenance costs

• Use a buying checklist to keep things on track

• Work with a licensed, experienced broker who understands the programme benefits

Turning Dreams into Keys

Historically, many expats in the UAE rented long-term without considering homeownership as a viable option. With this initiative, that mindset is shifting.

Now, long-term residents who once viewed owning a home in Dubai as out of reach can make it a reality. With easier access, more affordable terms, and a supportive network of real estate professionals and financial partners, the path to becoming a homeowner in Dubai has never looked clearer.

Final Thoughts

Whether you're an expat who’s made Dubai home, or a young professional looking to invest in your future, the First-Time Home Buyer Programme offers a structured, affordable, and inclusive path to property ownership.

Don’t miss this opportunity to take your first step on the Dubai property ladder.

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