Dubai Launches New Incentives for First-Time Property Buyers

Tuesday, 8 July 2025

Dubai has introduced a strategic initiative to help UAE residents purchase their first home by offering exclusive benefits such as priority access to new launches, preferential prices, and flexible mortgage plans. The programme supports the city’s D33 strategy and long-term population and investment goals.

Key Highlights:

Who Can Apply

UAE residents above 18 with a valid Emirates ID
Must be first-time homebuyers
Can purchase an apartment or villa under Dh5 million
No restrictions on resale or leasing

Main Benefits

Priority access to new projects listed by top developers
Preferential pricing and flexible payment plans
Interest-free property registration fee
Choice of property preferences (apartment/villa, budget, contact mode)
Developers and banks notified directly upon user registration

Application Process

Register via the Dubai REST app or DLD website
Option to apply through brokers for those who prefer

Participating Entities

Developers: Emaar, Damac, Nakheel, Ellington, Danube, Azizi, Wasl, and more
Banks: Emirates NBD, Emirates Islamic, Commercial Bank of Dubai
Platforms: Dubizzle, Property Finder, Bayut

Strategic Goals

Attract more than 10,000 new investors per month
Target Dh1 trillion in property transactions under Dubai Real Estate Strategy 2033
Aligned with population growth target of 5.8 million by 2040
Supports resident happiness and lifestyle enhancement

Expert Insights

“This initiative makes the dream of homeownership a reality for many residents.” — Hadi Badri, Dubai Economic Development Corporation
“A strong step in building community roots and economic growth.” — Majid Al Marri, DLD
“A powerful enabler of Dubai’s population and happiness goals.” — Mohamad Kaswani, Mortgage Finder