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Dubai's New First-Time Home Buyer Scheme to Benefit Existing Residents Amid Foreign Investor Surge

Summary by The National
Initiative aims to encourage residents to shift from renting to buying

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Dubai has just launched a new program to help residents, Emiratis as expatriates, become homeowners for the first time. Named First-Time Home Buyer Program, this program was announced on July 2 by the Dubai Land Department and the Department of Economy and Tourism. The goal is simple: to provide priority access to new real estate projects, preferential prices and adapted financing solutions. The major real estate brands in Dubai, such as Emaar, …

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Khaleej Times broke the news in Dubai, United Arab Emirates on Wednesday, July 2, 2025.
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