The Dubai First-Time Residence Purchaser (FTHB) Program is accelerating entry to homeownership throughout the emirate, enabling greater than 2,000 residents to buy their first residence prior 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 Financial system and Tourism (DET) and DLD to make homeownership extra accessible for residents of all nationalities and revenue 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 patrons.
The FTHB Program aligns with the Dubai Financial Agenda, D33, which goals to double the scale of Dubai’s financial system by 2033, and helps the Dubai Actual Property Technique 2033. It additionally contributed to the UAE’s Yr of Group by selling social cohesion and financial resilience.
So far, greater than 41,000 residents have registered for this system. Of the properties 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 Residence Purchaser Program
This system has additionally seen robust uptake of tailor-made mortgage options by way of all 5 taking part banks, reinforcing its function in increasing sensible entry to homeownership.
Hadi Badri, Chief Govt Officer of the Dubai Financial Growth Company, the financial growth arm of DET, mentioned: “The exceptional response to the First-Time Residence 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 true property sector’s contribution to Dubai’s financial 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 growth.”
Majid Al Marri, CEO of the Actual Property Registration Sector at Dubai Land Division, mentioned the First-Time Residence 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 whole transactions of AED917bn ($249.7bn) this yr, 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 by way of built-in partnerships.
Dubai actual property gross sales
Fatma Almarri, a first-time purchaser below this system, mentioned: “Proudly owning a house felt distant, particularly on a single revenue. This Program made the method easier and extra achievable, and it has helped me take management of my monetary future with better 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. Because of this Program, I now have stability and a basis I can construct on for my future.”
As extra builders and companions be a part of the initiative, the First-Time Residence Purchaser Program will proceed to develop property decisions for aspiring householders.
This system is shaping a extra inclusive and future-focused property market that helps households and people whereas strengthening Dubai’s long-term competitiveness.
