A major step forward for first-time property investors in Dubai has arrived. The Dubai Land Department (DLD) has introduced a new initiative aimed at helping residents buy their first property—capped at Dh5 million. The scheme is designed to ease the transition from renting to owning through exclusive deals, finance options, and priority access to premium developments.
Support for First-Time Property Investors in Dubai
Who Can Benefit from the Scheme
The scheme targets UAE residents—both Emiratis and expats—who have never owned freehold residential property in Dubai. Applicants must be 18 or older, with a valid Emirates ID. This initiative provides a tailored opportunity for first-time property investors in Dubai to enter the market with confidence.
Property and Financial Incentives
Eligible buyers can choose from a curated portfolio of off-plan and ready-to-move homes priced up to Dh5 million. The programme includes collaboration with top-tier developers like Emaar, Nakheel, and Damac, and banks such as Emirates NBD and Mashreq.
Key benefits for first-time property investors in Dubai include:
- Priority access to new listings
- Discounted pricing on selected properties
- Flexible payment structures
- Lower mortgage interest rates
- Reduced registration fees with interest-free installment options
Strategic Vision Behind the Initiative
The initiative aligns with Dubai’s broader Real Estate Strategy 2033 and economic diversification goals. With real estate transactions reaching new highs, this move encourages sustainable growth by widening access to local and resident investors. It's a timely opportunity for first-time property investors in Dubai to enter a booming market with reduced risk.
How to Apply
Interested buyers can apply through the Dubai REST app or the DLD website. Once verified, applicants receive a QR code that unlocks programme benefits with partnered developers and banks. The process is straightforward and free of charge.
Dubai’s latest scheme makes it easier than ever for first-time property investors in Dubai to step onto the property ladder. With priority access, financing support, and strategic partnerships, this initiative is designed to turn renters into owners—and open new doors in one of the world’s fastest-growing real estate markets.
Need expert guidance to make the most of this opportunity?
Let ReDubai help you navigate your first property investment in Dubai. From eligibility checks to selecting the right property, our team is here to support you every step of the way.
