Dubai’s First-Time Property Ownership Program helps 3,200+ residents buy homes, AED 5bn in transactions
Dubai’s First-Time Property Ownership Program has enabled 3,200+ residents to buy homes since its July 2025 launch, with 45,000 registered and AED 5bn in transactions.
Dubai’s First-Time Property Ownership Program reached a major milestone this year, enabling more than 3,200 UAE residents to purchase their first home in the emirate since the scheme launched in July 2025. The initiative has recorded residential transactions exceeding AED 5 billion, while roughly 45,000 eligible residents have registered for the programme to date. Authorities say the results underscore the scheme’s role in broadening access to homeownership for long-term residents.
Participation figures and early outcomes
The programme is open to all UAE residents aged 18 and over who do not currently own freehold residential property in Dubai, and registration has grown rapidly. About 45,000 people signed up in less than a year, reflecting strong interest across demographic groups and neighbourhoods. Government officials and programme managers highlight the conversion of registrations into completed purchases as a key performance indicator already showing promising returns.
Developers expand supply with nine new partners
In a move to expand supply and buyer choice, nine additional developers have joined the programme under new strategic agreements. The new entrants raise the total number of participating developers to 22 since July 2025, broadening the range of locations, unit types and price points available to first-time buyers. Officials say the expanded developer roster will help match different budgets and lifestyle preferences, from ready properties to upcoming project allocations.
Financing support from participating banks
The programme is supported by five participating banks that offer mortgage and financing solutions tailored to first-time buyers’ needs. These partnerships streamline eligibility assessments and financing access for those who meet programme criteria, making down payments and repayment schedules more attainable. Planners view coordinated bank involvement as essential to converting interest into completed transactions and securing sustainable homeownership outcomes.
Alignment with D33 economic and housing objectives
Authorities framed the programme as part of Dubai’s broader D33 strategic agenda, which seeks to grow the emirate’s economy and improve urban livability. By aligning housing policy with market demand, officials aim to boost investor confidence, attract skilled talent and encourage longer-term residential settlement. Planners say the initiative supports sustainable urban growth by linking public policy to the practical needs of residents and investors.
Private sector role and recognition
Private developers have been singled out for their role in turning the policy into market results, with leading companies acknowledged for strong sales performance under the scheme. One holding company received a formal commendation for achieving the highest share of residential sales within the programme’s portfolio. Government and industry sources say such recognition reinforces effective public-private collaboration and helps sustain momentum as the programme scales.
How residents can participate and next steps
Residents interested in joining the programme can register through the Dubai Land Department’s online platform or via the Dubai REST mobile application. Existing registrants are invited to update their preferences to include units from the newly added developers and to review expanded inventory lists. Officials encourage prospective buyers to review financing options with the participating banks and to consult developers for available models and completion timelines.
The First-Time Property Ownership Program has produced measurable early outcomes in less than a year, combining developer supply, bank financing and government facilitation to lower barriers to homeownership. Authorities say ongoing expansion of partners and inventory will remain a priority as the programme seeks to convert registrations into long-term residents and to contribute to Dubai’s wider economic targets.