Dubai’s real estate market has introduced the “Own Your First Home” initiative, a government-backed program launched by the Dubai Land Department (DLD) and the Dubai Department of Economy & Tourism (DET) to make it easier for residents — both Emiratis and expatriates — to purchase their first home.
Currently, 13 developers are participating in the program, with more expected to join soon. The initiative aims to provide priority access to properties, preferential pricing, flexible payment plans, and competitive mortgage options through leading UAE banks.
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Participating Developer
Participating Banks
The newly launched “Own Your First Home” initiative makes it easier and more affordable for residents — both Emiratis and expatriates — to take the leap from renting to owning.
Here’s everything you need to know:
What is the “Own Your First Home” Initiative?
Launched by the Dubai Land Department (DLD) and Dubai Department of Economy & Tourism (DET), this program offers:
- Priority access to off-plan and new projects from 13 major developers.
- Exclusive discounts and pricing on select units.
- Flexible interest-free instalment plans on government fees.
- Competitive mortgage deals from five leading UAE banks.
- A smoother process designed specifically for first-time buyers.
Who Can Apply?
- UAE residents (Emiratis and expats) aged 18+.
- Must not already own a freehold residential property in Dubai.
- Buying a property valued up to AED 5 million.
What Properties Are Eligible?
You can buy:
- Apartments, townhouses, or villas.
- In both off-plan developments and ready-to-move-in units.
- Across Dubai’s major communities covered by participating developers.
Benefits You Can Expect
- Early access to new launches before general buyers.
- Preferential property prices.
- Flexible payment plans for Dubai Land Department fees (such as registration and Oqood).
- Access to special mortgage offers with extended tenors — some banks offering up to 18 years repayment.
- Faster processing through a dedicated first-home buyer system.
How to Register
Visit the DLD Portal
Head to the Dubai Land Department’s First-Time Home Buyer page or use the Dubai REST app.
Submit Your Application
Provide your Emirates ID, proof of residency, and declare you do not own any property in Dubai.
Receive a QR Code
If eligible, you’ll get a unique QR code verifying your first-time buyer status.
Use Your Benefits
Show your QR code to developers and participating banks to unlock exclusive offers, priority bookings, and flexible payments.
Why This Matters
With rents rising in Dubai, the program is designed to make homeownership more accessible, encourage long-term residency, and support Dubai’s D33 economic strategy. It’s a golden opportunity for residents to invest in a home instead of paying rent indefinitely.
Final Tips for Buyers
Research carefully — Compare prices, locations, and developers.
Read contracts — Understand payment terms, fees, and service charges.
Get pre-approved for a mortgage — Secure your budget before committing.
Work with a licensed broker — Ensure a smooth, legal transaction.
Ready to own your first home? Start by registering with the Dubai Land Department:
First-Time Home Buyer Portal – DLD
Benoy Jacob is a journalist-turned-business consultant, currently serving as the Director of Client Relations at ATB Corporate in Abu Dhabi. With a keen eye for market trends and business strategy, he helps companies expand, build strategic partnerships, and optimize their operations in the UAE. Benoy brings a unique perspective on economic policies, trade ecosystems, and investment opportunities in Abu Dhabi and the wider MENA region.