For hundreds of Dubai residents, proudly owning a house is not a distant ambition. A government-led initiative launched final 12 months is quickly altering that actuality, turning long-term renters into owners and injecting contemporary momentum into the emirate’s property market.Dubai’s First-Time Dwelling Purchaser Programme has enabled greater than 2,000 residents to buy their first house inside its first six months, producing residential property gross sales exceeding AED3.25 billion, in keeping with figures launched by the Dubai Land Division. The Programme was launched in July 2025 by way of a joint effort by the Dubai Division of Economic system and Tourism and the Dubai Land Division to make house possession extra accessible to residents of all nationalities and revenue ranges.By bringing collectively authorities our bodies, builders, and monetary establishments, the initiative presents first-time patrons precedence entry to new tasks, tailor-made mortgage options, and preferential pricing. Curiosity has been robust, with greater than 41,000 residents registering to this point. Of the finished purchases, 49 per cent have been made by residents who’ve lived in Dubai for greater than 5 years with out beforehand proudly owning a house, highlighting the Programme’s position in serving to long-term residents set up everlasting roots.The initiative aligns with the Dubai Financial Agenda D33, which goals to double the emirate’s economic system by 2033, whereas additionally supporting the Dubai Actual Property Technique 2033 and contributing to the UAE’s 12 months of Group by way of social cohesion and financial resilience.Hadi Badri, CEO of the Dubai Financial Growth Company, mentioned the Programme displays Dubai’s collaborative mannequin, strengthening investor confidence and accelerating the true property sector’s contribution to progress. Majid Al Marri, CEO of the Actual Property Registration Sector at Dubai Land Division, famous that whole actual property transactions reached AED917 billion in 2025, with the Programme taking part in a key position in changing demand into accomplished purchases.Beneficiaries have described the initiative as a turning level, simplifying the shopping for course of and offering long-term stability. As extra builders and companions be a part of, the Programme is anticipated to increase selections for patrons, shaping a extra inclusive and resilient property market in Dubai.
