Dubai is once again taking real estate innovation to the next level with a newly launched first-time home buyers scheme designed to make homeownership more affordable and accessible for both Emiratis and expatriates. This forward-thinking initiative, led by the Dubai Land Department (DLD) and the Department of Economy and Tourism (DET), brings a host of powerful benefits aimed at boosting residency, affordability and market stability.
What Is the First-Time Home Buyers Scheme?
The programme, officially unveiled on July 2, 2025, is open to any UAE resident over the age of 18 who has never owned a freehold property in Dubai. It covers properties valued up to AED 5 million and comes packed with perks tailored for first-time buyers, including:
- Priority access to new off-plan launches
- Preferential pricing from leading developers
- Customized mortgage solutions from partner banks
- Flexible payment plans, including interest-free installments for DLD registration fees
The initiative aims to empower renters, salary earners and young families to take definitive steps toward owning a home in Dubai.
Who’s Behind It?
The scheme is born from a powerful public-private alliance led by:
- Dubai Land Department (DLD) and DET
- Over 13 major developers like Emaar, Damac, Nakheel, Azizi and more
- Major banks including Emirates NBD, Dubai Islamic Bank, Emirates Islamic and Mashreq
- Real estate platforms such as Bayut, Property Finder and Dubizzle
Together, they form a strong ecosystem supporting homeownership in Dubai by aligning supply, finance and buyer needs.
Why This Scheme Is a Game Changer
Let’s break down why this is such a big deal for Dubai residents:
It’s Budget-Friendly for Salaried Individuals
The scheme targets incomes starting from AED 15,000 monthly, making homeownership feasible for a large demographic.
It Lowers Upfront Costs
With interest-free installments on DLD fees and other reduced upfront costs, buyers can finally avoid that intimidating initial payment barrier.
You Get Early Access to New Projects
Be the first to browse and book newly launched homes before they hit the wider market. Giving you more options and better prices.
Custom Mortgage Plans Are Available
Banks involved in the programme are offering tailored mortgage options with competitive rates and easier approvals, making financing far less stressful.
It Aligns with Dubai’s Long-Term Vision
This initiative supports Dubai’s D33 economic agenda and 2040 Urban Master Plan, encouraging a stronger sense of community and a more balanced real estate market.
How to Apply
- Register online via the DLD official site or the Dubai REST app.
- Submit preferences like type of property, budget, communication method.
- Get matched with developers and banks once approved.
- Access exclusive offers, including price reductions and flexible payment plans.
Registration is simple. Just ensure you hold a valid Emirates ID, are over 18 and haven’t previously owned a freehold property in Dubai.
Words from the Experts
According to Khaleej Times, the scheme “reduces initial financial pressure through lower fees, better mortgage rates and flexible payment options.”
Meanwhile, according to DLD official Khalid Al Shaibani, it’s a “pioneer programme based on fair criteria, clear conditions and easy options in a safe way.”
Who Will Benefit Most?
- Salary earners (AED 15k-20k/month) gaining realistic paths to own property
- Long-term tenants seeking stability and home equity
- Young families, freshly settled in Dubai
This first-time home buyers scheme is a roadmap toward inclusive, long-term residency in Dubai. By lowering cost hurdles, expediting access and offering tailored financing, Dubai is reshaping its property market while reinforcing social cohesion and economic depth. If you’ve been on the fence about buying your first home in Dubai, now is the time to act.
Ready to take the first step toward owning your dream home in Dubai?
At Luxfolio Real Estate, we’re here to guide you through every stage of the process. From identifying the right communities to securing the best deals, our experts are on hand to help you make confident, informed decisions.