DUBAI: Dubai’s First-Time Home Buyer Program has helped more than 3,200 residents buy their first homes in the emirate, with residential property sales now exceeding AED5 billion.
The Dubai Land Department, in partnership with the Dubai Department of Economy and Tourism, announced the update on June 8.
The program is open to all UAE residents aged 18 and above who do not currently own a freehold residential property in Dubai.
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More Residents Enter the Property Market
Launched in July 2025, the program was created to help more residents move from renting to owning a home in Dubai.
In less than one year, it has attracted thousands of residents and has become one of Dubai’s key efforts to support long-term living in the city.
For many expats, including Filipinos in the UAE, buying a home is a major life decision.
The program gives eligible residents access to more property choices, financing options, and participating developers.
Nine More Developers Join the Program
Dubai also announced that nine new developers have joined the latest phase of the program.
These are 4Direction Developments, Arada, Dubai World Trade Centre, IRTH Group, Manam, Qube Development, Reportage Properties, SAMANA Developers, and Sky View Real Estate.
With the new additions, the program now has 22 participating developers since its launch.
This means first-time buyers may have more options across different locations, property types, and price ranges.
Banks Support Buyer Financing
The program is also backed by five participating banks.
Their role is to help eligible first-time buyers explore home financing solutions.
This support is important because many residents may want to buy a home but need clearer financing options before making a decision.
Dubai officials said the program supports the goal of making homeownership more accessible to people who call the city home.
Tied to Dubai’s Long-Term Growth Plans
The expansion also supports the Dubai Economic Agenda, D33, which aims to double Dubai’s economy and strengthen its position as a global hub for talent, investment, work, and living.
It also supports the Dubai Real Estate Strategy 2033, which aims to raise homeownership rates and double the real estate sector’s contribution to Dubai’s gross domestic product.
For residents, the main takeaway is clear: those who meet the age and ownership requirements may now have more choices if they are planning to buy their first home in Dubai.
Interested buyers should check the official program details, participating developers, and bank requirements before making any financial commitment.
