The Dubai First-Time House Purchaser (FTHB) Program is accelerating entry to homeownership throughout the emirate, enabling greater than 2,000 residents to buy their first dwelling up to now six months and producing greater than AED3.25bn ($885m) in residential property gross sales, in accordance with figures from the Dubai Land Division (DLD).
Launched in July 2025, the initiative was collectively developed by the Dubai Division of Economic system and Tourism (DET) and DLD to make homeownership extra accessible for residents of all nationalities and earnings ranges.
This system brings collectively authorities entities, builders, and monetary establishments to supply precedence entry to new tasks, tailor-made mortgage options, and preferential pricing for first-time consumers.
The FTHB Program aligns with the Dubai Financial Agenda, D33, which goals to double the scale of Dubai’s economic system by 2033, and helps the Dubai Actual Property Technique 2033. It additionally contributed to the UAE’s Yr of Neighborhood by selling social cohesion and financial resilience.
To this point, greater than 41,000 residents have registered for this system. Of the houses bought, 49 per cent have been purchased by residents who’ve lived in Dubai for greater than 5 years with out beforehand proudly owning a property, highlighting the initiative’s influence in serving to long-term residents set up everlasting roots within the metropolis.
Dubai First-Time House Purchaser Program
This system has additionally seen robust uptake of tailor-made mortgage options via all 5 collaborating banks, reinforcing its position in increasing sensible entry to homeownership.
Hadi Badri, Chief Government Officer of the Dubai Financial Improvement Company, the financial improvement arm of DET, mentioned: “The outstanding response to the First-Time House Purchaser Program – an initiative guided by our visionary management and delivered in shut collaboration with the Dubai Land Division – displays Dubai’s spirit of partnership, uniting authorities, builders, and monetary establishments to show homeownership right into a actuality for hundreds.
“This initiative not solely strengthens investor confidence but in addition accelerates the actual property sector’s contribution to Dubai’s economic system, consistent with the targets of the Dubai Financial Agenda, D33.
“By fostering social cohesion and supporting expertise retention, we’re stimulating long-term demand and reinforcing Dubai’s place as a world mannequin for sustainable city improvement.”
Majid Al Marri, CEO of the Actual Property Registration Sector at Dubai Land Division, mentioned the First-Time House Purchaser Program represents a pivotal initiative in increasing residential homeownership and sustaining market momentum in 2025.
He famous that Dubai’s actual property sector recorded complete transactions of AED917bn ($249.7bn) this 12 months, reflecting robust demand and rising confidence.
He added that rising curiosity in this system demonstrates its success in changing latent demand into actual transactions, whereas reinforcing belief, transparency, and market stability via built-in partnerships.
Dubai actual property gross sales
Fatma Almarri, a first-time purchaser underneath this system, mentioned: “Proudly owning a house felt distant, particularly on a single earnings. This Program made the method less complicated and extra achievable, and it has helped me take management of my monetary future with larger confidence.”
Jade Lee, one other beneficiary, mentioned: “Proudly owning my very own property has been a life-changing milestone. Rising up in a household the place homeownership was not frequent, I watched my dad and mom transfer from one rental to a different. Due to this Program, I now have stability and a basis I can construct on for my future.”
As extra builders and companions be part of the initiative, the First-Time House Purchaser Program will proceed to broaden property decisions for aspiring owners.
This system is shaping a extra inclusive and future-focused property market that helps households and people whereas strengthening Dubai’s long-term competitiveness.
