Dubai’s Dh90 Billion Market Boom Explained

New First-Time Home Buyer Program transforms real estate with record-breaking transactions.

What Is the First-Time Home Buyer Program?

A scheme launched in July 2025 to make homeownership more accessible for residents and expats.

Exclusive Access to New Homes Under Dh5 Million

: Developers like Emaar, Damac, and Nakheel commit 10% of projects to first-time buyers.

Banks Roll Out Flexible Mortgage Packages

Emirates NBD and Mashreq offer lower rates and faster approvals to support new buyers.

Rising Rents Push Tenants Toward Ownership

With average rents at Dh85k, buying now rivals long-term leasing costs.

Affordable Units in JVC, Dubai South, Al Furjan

Smaller off-plan homes dominate demand in emerging neighborhoods.

Population Growth Fuels Housing Demand in Dubai

With over 4 million residents, demand continues rising across the city.

Developers See Program as Market Stabilizer

Allocating units to end-users helps avoid oversupply and sustain absorption.

Ready to Buy Your First Home in Dubai?

Act now to secure exclusive rates and join Dubai’s new wave of homeowners.