The Dubai Land Department (DLD) has introduced a first-time buyer initiative designed to spur homeownership among UAE residents and attract younger generations to real estate. 

The scheme offers preferential pricing from developers, flexible mortgage options from leading banks, and instalment-based relief on DLD registration fees for properties priced under AED 5 million. Eligible applicants must be UAE residents aged 18 and above who have not previously owned property in Dubai. 

Badar Rashid Alblooshi, Chairman of Arabian Gulf Properties, called the move a turning point: “By removing financial and procedural barriers, Dubai is making it easier for first-time buyers to see property not as a distant dream, but as a practical step toward financial security and rootedness.” 

Dubai’s programme aligns with best practices seen globally, including tax exemptions, subsidies, and shared equity schemes in countries such as Canada, Finland, the Netherlands, Australia, Ireland, and the United States. It also supports the Dubai Economic Agenda (D33) and Real Estate Strategy 2033 by strengthening end-user demand and fostering long-term market stability.