{"id":8057,"date":"2025-07-07T18:06:27","date_gmt":"2025-07-07T12:36:27","guid":{"rendered":"https:\/\/www.propertystellar.com\/blog\/?p=8057"},"modified":"2025-07-07T18:06:28","modified_gmt":"2025-07-07T12:36:28","slug":"binghatti-reserves-10-of-units-for-first-time-buyers-in-dubais","status":"publish","type":"post","link":"https:\/\/www.propertystellar.com\/blog\/binghatti-reserves-10-of-units-for-first-time-buyers-in-dubais\/","title":{"rendered":"Binghatti Allocates 10% of Residential Units for First-Time Buyers Under Dubai\u2019s FTHB Programme"},"content":{"rendered":"<p>Binghatti Holding has joined the Dubai government\u2019s First-Time Home Buyer (FTHB) Programme, reserving 10% of its residential units for UAE residents purchasing their first home. The initiative includes discounts, incentives, and early access to support homeownership.<\/p>\n<h3>Key Highlights:<\/h3>\n<p><strong>Binghatti\u2019s Participation in FTHB Programme<\/strong><\/p>\n<ul>\n<li>Selected among 13 developers for the FTHB initiative launched by Dubai Land Department (DLD) and Dubai Department of Economy and Tourism (DET)<\/li>\n<li>Allocates 10% of units in new and existing projects (under AED 5 million) for first-time buyers<\/li>\n<li>Units offered before public launch<\/li>\n<\/ul>\n<p><strong>Exclusive Buyer Incentives<\/strong><\/p>\n<ul>\n<li>Discounts on selected properties for Emiratis and expats<\/li>\n<li>Reduced administrative service fees<\/li>\n<li>Focused on supporting ownership over renting and contributing to D33 strategy targeting AED 1 trillion in real estate transactions<\/li>\n<\/ul>\n<p><strong>Eligibility &#038; Scope<\/strong><\/p>\n<ul>\n<li>Open to UAE residents (Emiratis and expatriates)<\/li>\n<li>Applicable for first-time buyers purchasing freehold homes under AED 5 million<\/li>\n<\/ul>\n<p><strong>Market Context &#038; Binghatti Portfolio<\/strong><\/p>\n<ul>\n<li>Dubai real estate Q1 2025:\n<ul>\n<li>29% YoY increase in transaction value (AED 114 billion)<\/li>\n<li>65% growth in villa and townhouse sales<\/li>\n<\/ul>\n<\/li>\n<li>Binghatti currently developing 20,000 units across 30+ projects in prime Dubai areas (Downtown, Business Bay, JVC, etc.)<\/li>\n<li>Known for branded residences with Bugatti, Mercedes-Benz, and Jacob &#038; Co.<\/li>\n<li>High-profile buyers include Neymar Jr. and Andrea Bocelli<\/li>\n<\/ul>\n<p><strong>Upcoming Projects &#038; Expansion<\/strong><\/p>\n<ul>\n<li>Launched Aquarise Residences in Business Bay (1,500+ units)<\/li>\n<li>Acquired 8 million sq. ft land in Meydan\u2019s Nad Al Sheba 1<\/li>\n<li>Plans to build its first master-planned community with a value over AED 25 billion<\/li>\n<\/ul>\n","protected":false},"excerpt":{"rendered":"<p>Binghatti Holding has joined the Dubai government\u2019s First-Time Home Buyer (FTHB) Programme, reserving 10% of its residential units for UAE residents purchasing their first home. The initiative includes discounts, incentives, and early access to support homeownership. Key Highlights: Binghatti\u2019s Participation in FTHB Programme Selected among 13 developers for the FTHB initiative launched by Dubai Land [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":8058,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[55,57,60,58,61,59],"tags":[],"class_list":["post-8057","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-blog-home-section2","category-blog-home-section3","category-global-property-news","category-property-news","category-real-estate-tips","category-uae-property-news"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v22.5 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Binghatti Reserves 10% of Units for First-Time Buyers in Dubai\u2019s<\/title>\n<meta name=\"description\" content=\"Binghatti joins Dubai\u2019s First-Time Home Buyer Programme, allocating 10% of homes 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