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Tag: Dubai housing

  • Dubai First-Time Home Buyers Get More Perks Under Expanded Programme

    Dubai First-Time Home Buyers Get More Perks Under Expanded Programme

    The programme, jointly launched by the Dubai Land Department (DLD) and Dubai Department of Economy and Tourism (DET) in July 2025, has already generated more than Dh5 billion in residential transactions and helped over 3,200 residents purchase their first homes. Nearly 45,000 residents have registered in less than a year.

    The latest expansion adds nine new developers: Arada, Dubai World Trade Centre, IRTH Group, Manam, Qube Development, Reportage Properties, SAMANA Developers, Sky View Real Estate and 4Direction Developments. This broadens the range of available homes across different communities, budgets and property types.

    Who Can Apply?

    The programme is open to UAE residents of any nationality who are aged 18 or above, do not own a freehold residential property in Dubai, and are purchasing a property worth up to Dh5 million. Applications can be submitted through the Dubai Land Department website or the Dubai REST app.

    Eligible applicants receive a QR code that unlocks programme benefits with participating developers and banks.

    Key Benefits for First-Time Buyers

    Registered buyers now enjoy advantages generally not available to repeat purchasers:

    • Priority access to new launches: Early access to selected projects before units are released to the wider market
    • Preferential pricing: Exclusive prices on selected units reserved for programme participants
    • Better mortgage terms: Five partner banks offer tailored products with preferential interest rates, reduced fees and faster approvals
    • Lower upfront costs: Interest-free instalment plans on Dubai Land Department registration fees through eligible credit cards
    • Flexible payment plans: Customized payment structures for off-plan purchases, spreading costs over longer periods

    How to Register

    The process remains straightforward:

    1. Register through the DLD website or Dubai REST app
    2. Verify eligibility using Emirates ID and residency details
    3. Receive a First-Time Home Buyer QR code
    4. Use the QR code when engaging with participating developers and banks
    5. Compare eligible properties, financing options and payment plans
    6. Complete mortgage approval and property purchase

    For residents weighing up rising rents against buying a home, the programme offers a clear pathway to ownership. With residential sales through the scheme now exceeding Dh5 billion and developer participation expanding, first-time buyers in Dubai have more options than ever before.

    The initiative aligns with the UAE’s broader effort to encourage long-term residency and homeownership, building on recent measures including expanded VAT refund eligibility for UAE nationals and a sustained focus on investor-friendly regulations.

  • Dubai Allocates 4,631 Residential Plots Worth Dh5.3 Billion for Citizens

    Dubai Allocates 4,631 Residential Plots Worth Dh5.3 Billion for Citizens

    The new housing package spans over 71 million square feet across three strategic locations in Dubai, forming part of the emirate’s broader citizen housing initiative designed to create integrated residential communities with advanced infrastructure and high quality of life standards.

    Allocations will be conducted through the Emirati platform on the DubaiNow app in the coming week, according to Dubai Media Office.

    “Today we approved the allocation of 4,631 residential plots valued at Dh5.3 billion, spanning an area of over 71 million square feet in Al Eyas, Latifa City and Mushrif areas. Our vision is consistent: Dubai’s true capital is its people and their families. The UAE citizen will always remain at the top of our priorities,” Sheikh Mohammed said.

    The Dubai Ruler emphasized that providing suitable housing for every Emirati family is central to Dubai’s development strategy, describing the initiative as part of broader urban development projects aimed at building integrated and vibrant communities.

    Sheikh Mohammed added that Dubai’s goal is to become the world’s best city for family life by offering a leading urban ecosystem that combines an integrated social environment and advanced housing supported by state-of-the-art infrastructure and services.

    Comprehensive Infrastructure for Future Communities

    The new residential plots are designed according to future urban planning standards, integrating green and open spaces to promote safe, healthy, and socially connected living. The planned communities will offer easy access to service centres providing top-tier amenities, supported by sustainable infrastructure that aligns with the Dubai 2040 Urban Master Plan.

    Eng Marwan bin Ghalita praised Sheikh Mohammed’s initiative, saying it “supports Dubai’s sustainable urban development and reflects Sheikh Mohammed’s commitment to the welfare of citizens.”

    Dubai Municipality is committed to carrying out Sheikh Mohammed’s directives by creating an urban planning model for future-ready residential communities supported by sustainable infrastructure and integrated services, Eng Marwan noted.

    Allocation Details Across Three Communities

    The Al Eyas area will receive 2,540 plots covering 39 million square feet. The community will feature advanced infrastructure, mosques, a neighbourhood Majlis, retail centres, a school, and an early childhood centre. Parks, recreational facilities, and a green path with cycling tracks will connect all neighbourhoods.

    Latifa City will receive 1,761 plots across 28 million square feet. Planned amenities include mosques, parks, retail centres, a school, an early childhood centre, a community neighbourhood Majlis, and a Quran memorisation centre, along with a dedicated green path.

    The Mushrif area is allocated 330 plots covering 4 million square feet, with planned amenities including two mosques, a family park, a retail centre, and supporting infrastructure.

    Dubai’s Vision for Family-Centric Urban Development

    Dubai Municipality is committed to advancing sustainable urban planning and cutting-edge construction to create integrated neighbourhoods. By leveraging the latest technologies, the municipality aims to enhance the quality of life for all residents while preserving the city’s aesthetics.

    The initiative reflects Dubai’s ambition to remain a premier global destination while providing Emirati citizens with modern, safe, and community-focused living spaces. The new housing package reinforces Dubai’s position as a city that nurtures families and supports their wellbeing through comprehensive urban development that prioritizes people-centric design.

    The residential allocation comes as Dubai’s property market continues to demonstrate robust activity, with the emirate’s real estate sector maintaining strong transaction volumes and investor confidence across all segments.