In a major step to promote home ownership among residents, the Dubai Land Department (DLD), in collaboration with the Department of Economy and Tourism, has announced a new programme offering exclusive incentives for first-time property buyers in the emirate.
The initiative, launched in partnership with over 13 real estate developers, five banks, and several strategic partners, is designed to make the property market more accessible to residents while supporting Dubai’s broader vision under the D33 economic strategy.
A Strategic Move to Encourage Resident Investment
Open to all UAE residents above the age of 18 holding a valid Emirates ID, the programme targets individuals who have never owned a home in the country. Eligible participants will receive priority access to new property launches, preferential pricing, and attractive mortgage options tailored to their financial needs.
“This is a pioneer initiative,” said Khalid Al Shaibani, Director of the Rental Affairs Department at DLD. “It enables residents to own their first property based on fair criteria, clear conditions, and simple processes, all within a safe and regulated environment.”
He noted that properties purchased under the programme must be valued under AED 5 million, and there are no restrictions on renting or reselling these units, providing added flexibility for buyers.
User-Friendly Application Process and Financial Benefits
Interested residents can register via the DLD website or the Dubai REST mobile app, where they will be able to input their preferences — such as property type, budget, and preferred mode of communication from developers.
Once registered, applicants receive an instant confirmation, and their information is shared directly with developers and participating banks. This streamlined process helps match buyers with appropriate listings and financial institutions.
Al Shaibani also highlighted several key benefits:
- Access to upcoming projects listed by top developers
- Exclusive unit pricing
- Flexible payment plans
- Interest-free registration fee payment
For those who prefer a more traditional approach, registration through certified real estate brokers is also permitted.
Rising Demand Fuels New Initiatives
According to Majid Al Marri, CEO of the Real Estate Registration Sector at DLD, Dubai is attracting around 10,000 new investors every month. “We aim to increase that number through this programme,” he said, noting that home ownership significantly enhances residents’ quality of life and long-term financial stability.
With Dubai’s property market continuing to expand and attract local and international interest, this initiative marks a key move to make home ownership more inclusive and accessible, aligning with the emirate’s future urban and economic vision.
