Islamabad, July 3, 2025: Dubai has started a new plan to help people buy their first home. The goal is to make it easier for residents to own a house and also to bring more investment in real estate. This plan is for UAE residents — both nationals and expatriates — who are buying a home for the first time.
People who join this plan will get The Dubai Land Department and the Department of Economy and Tourism started this programme along with over 13 property developers and five banks.
Majid Al Marri from Dubai Land Department said that 10,000 new investors come to Dubai every month. He hopes this number will grow because of the new plan. Khalid Al Shaibani, another official, said that this is the first such plan and it is safe, clear, and fair for buyers.
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Any UAE resident who is 18 or older with a valid Emirates ID can apply. They must not have owned a home before. People can buy apartments costing less than Dh5 million. There are no limits on renting or selling the home later.
Those who register on the Dubai Land Department’s website or through the Dubai REST app will get early access to new housing projects. They will also get special prices and flexible payment plans. No interest will be charged on the registration fee.
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The plan is supported by big developers such as Emaar, Damac, Nakheel, and others. Leading banks like Emirates NBD and Emirates Islamic are also part of it.
Officials say the goal is to make Dubai a top place for property investment and to make more people happy by helping them own homes.
