Dubai launches First-Time Home Buyer Programme

First-time home buyer programme, unveiled by the dubai land department (dld) and the dubai department of economy and tourism (det)

This is a boost for people looking to get into the market in Dubai

 

Dubai has launched a bold new initiative aimed at making homeownership more accessible for both Emiratis and expatriates.

The First-Time Home Buyer Programme, unveiled by the Dubai Land Department (DLD) and the Dubai Department of Economy and Tourism (DET) on 2 July, is designed to open the door to real estate ownership like never before.

The programme offers priority access to new property launches, preferential prices, and customised mortgage solutions, all tailored specifically for first-time buyers.

It supports key national strategies including the Dubai Economic Agenda D33, Dubai Real Estate Strategy 2033, and the UAE’s Year of Community, aiming to boost homeownership rates and double the real estate sector’s contribution to Dubai’s GDP.

Open to UAE residents aged 18 and above who do not currently own a freehold residential property in Dubai, the initiative is inclusive of all nationalities and income levels.

Some of Dubai’s biggest developers, including Emaar, DAMAC, Nakheel, Meraas, and Ellington, are on board, offering priority booking and special prices on properties valued up to AED 5 million.

Leading banks like Emirates NBD, Dubai Islamic Bank, and Mashreq are also participating, providing exclusive mortgage packages for eligible buyers.

The programme is designed to fuel long-term demand, drive economic growth, and build stronger communities by making it easier than ever to own a home in Dubai.

Registration is now open through the Dubai Land Department. Visit the official website to find out how to apply and begin your homeownership journey today.

For further information, visit dubailand.gov.ae

 

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Shane Reynolds

Shane Reynolds is a seasoned journalist with over 10 years of media experience. He began his career in Ireland as Deputy Editor of the Roscommon People, where he led multiple sections and wrote a weekly sports page. After freelancing for national titles, he moved to the UAE and spent seven years teaching English at top international schools. In 2022, Shane returned to journalism, joining Yalla – Abu Dhabi Life. Now Deputy Editor, he brings strong editorial expertise, a passion for storytelling, and a deep understanding of both Irish and UAE audiences to one of Abu Dhabi’s leading lifestyle publications.