Since July 2025, residents of the United Arab Emirates have been able to benefit from the First Time Home Buyer Program, launched by the Dubai Land Department in cooperation with the Dubai Department of Economy and Tourism. The goal is to make homeownership more accessible to those who have not previously owned a residential property in Dubai.
The program has received strong interest in a short period of time. According to official data, more than 41,000 residents have registered. Over 2,000 of them have already purchased their first home within the first six months.
The total transaction volume completed through the program reached AED 3.25 billion. This confirms that the initiative is not just a marketing effort, but a practical and effective tool supporting homeownership.
The buyer profile is also noteworthy.
75 percent of purchased units were priced at up to AED 2 million, highlighting solid demand from middle income households.
49 percent of buyers are residents who have been living in Dubai for more than five years and had previously been renting.
The program is open to all nationalities and income groups. The conditions are clearly defined:
minimum age of 18
valid UAE residency status
the applicant must not own any freehold residential property in Dubai
the purchased property must be valued at up to AED 5 million
The program is naturally designed for those looking to move from renting to owning and to build long term stability.
Participating developers offer priority access to new off plan launches, preferential pricing on selected units and improved commercial terms. Major players in the Dubai real estate market have joined the initiative, ensuring a broad range of projects across different locations.
Partner banks also play an important role by providing mortgage products tailored specifically for first time buyers. Financing is therefore more accessible and the administrative process is simplified.
The program forms part of the broader Real Estate Strategy 2033 and the D33 economic agenda, both of which aim to increase homeownership rates and strengthen the real estate sector’s contribution to Dubai’s economy.
Dubai continues to attract new residents and investors. The growing number of people building their careers and family lives in the city creates steady demand for housing. The First Time Home Buyer program supports this demand in a structured way and contributes to greater market stability.
For those considering purchasing their own home, this is an opportunity to enter the market under clearly defined conditions and with the backing of government institutions and leading developers. For investors, it signals that the city is actively working toward the long term sustainability of its real estate sector.
If you are considering buying property in Dubai, contact us. We will guide you through the entire process and help you find a solution that makes sense for your goals.
