Dubai Launches First Home Scheme with Easy Loans Big Discounts

Dubai Launches First Home Scheme with Easy Loans Big Discounts

Post by : Raina Mansoor

July 3, 2025 5:37 p.m. 2113

Dubai, July 3, 2025 — In a major step to support homeownership, the Dubai Land Department (DLD) has officially launched the ‘First Property Ownership’ programme for UAE citizens and residents. The initiative, announced on Wednesday, is designed to make owning a home in Dubai easier and more affordable. This new government-backed scheme is in collaboration with several banks and real estate development companies operating in the local market.

The main goal of the programme is clear — to support over 5,000 residents and citizens in becoming first-time property owners by the end of 2025. With growing demand for housing and rising property prices in Dubai, this initiative comes at a crucial time.

Key Features and Benefits

  • The programme offers a wide range of financial benefits to encourage first-time buyers. Eligible applicants can receive:
  • Real estate financing with terms of up to 18 years
  • The option to pay the 4% DLD registration fee in instalments
  • Access to special discounts on property prices — up to 10% lower than market value
  • Interest-free credit card options for fee payment
  • Priority access to new residential projects and pre-launch units

According to DLD, both ready-to-move-in and off-plan properties are included in the programme, giving buyers more flexibility when choosing a home.

Who Can Apply?

  • The programme is open to both UAE citizens and residents, but with specific conditions:
  • The applicant must not currently own any freehold residential property in Dubai
  • They must be at least 18 years old
  • The property they intend to buy must be valued at Dhs5 million or less
  • Each person can only use the scheme once

The property purchased through this programme will also be exempt from rental restrictions, meaning owners can use it as a long-term investment.

A One-Time Opportunity for Long-Term Stability
Speaking on the launch, Khalid Al Shaibani, Director of the Rental Affairs Department at DLD, emphasized the scheme’s many benefits. “The programme gives buyers a real chance to own a home at a fair price with great financing support,” he said. “They’ll get early access to new residential units, lower rates from real estate developers, and flexible registration fee options.”

Stay informed with the latest news. Follow DXB News Network on WhatsApp Channel 

In addition to financial ease, the programme aims to encourage long-term stability in Dubai’s housing market by turning renters into homeowners.

How to Apply
Applications can be submitted easily through:

  • The DLD official website
  • The Dubai Real Estate app
  • A direct online link provided by DLD

After applying, DLD will review the eligibility of each applicant. Once approved, the names of beneficiaries will be shared with real estate developers, who can then offer them early access and exclusive deals on properties.

Supporting a Growing Real Estate Market
Dubai’s real estate market has continued to grow steadily in 2025, driven by strong demand from both local and international buyers. However, many residents still find it difficult to own a home due to high prices and limited financing options. The ‘First Property Ownership’ programme aims to bridge that gap by removing financial and procedural barriers.

Real estate experts believe this initiative will not only help thousands become homeowners but also boost market confidence and encourage responsible investing. By providing discounted properties, long-term credit, and flexible fee structures, DLD is helping to make homeownership a reality for a broader part of the population.

Dubai’s new ‘First Property Ownership’ programme is a game-changer for those dreaming of owning a home in one of the world’s fastest-growing cities. It reflects the government’s commitment to housing affordability and financial inclusion, and could inspire similar initiatives across the region.

With smart planning, strong support from banks and developers, and user-friendly digital application channels, this programme may soon become one of Dubai’s most impactful housing efforts in recent years.

#Dubai #Real Estate News

Dubai’s ‘Bus of Goodness’ Distributes 135,000 Iftar Meals

The General Directorate of Identity & Foreigners Affairs – Dubai, with Beit Al Khair and Dubai Chari

March 13, 2026 4:56 p.m. 127

Dubai Issues New Law on Administrative Violations & Penalties

Dubai introduces Law No. (6) of 2026 to regulate administrative violations, penalties, and measures,

March 13, 2026 4:46 p.m. 135

WNBA and Players in Marathon Talks Over Historic CBA Deal

WNBA and players’ union held 16-hour talks on a new CBA. Main issue: revenue sharing. Proposed salar

March 13, 2026 4:32 p.m. 138

EU Backs UN Resolution Condemning Iran Attacks on GCC, Jordan

The EU supports UN Resolution 2817, condemns Iran’s attacks on GCC countries and Jordan, and urges p

March 13, 2026 4:02 p.m. 140

Dubai Chamber Meets Fruit Traders to Boost Supply Chain Resilience

Dubai Chamber engages fruit and vegetable traders to enhance sector resilience, diversify imports, a

March 13, 2026 3:21 p.m. 138

Finland CPI Rises 0.6% in February, Highest Since Jan 2025

Finland’s consumer prices jumped 0.6% in February, reversing January’s 0.2% drop, led by a 9.5% rise

March 13, 2026 3:13 p.m. 133

TAQA Announces New Board, Approves AED5B Dividend for 2025

Abu Dhabi’s TAQA confirms new Board of Directors, approves final Q4 dividend, and sets 2026-2028 pol

March 13, 2026 3 p.m. 149

US KC-135 Refueling Plane Crashes in Iraq During Iran Operation

A US KC-135 refueling aircraft crashed in western Iraq during an operation linked to the Iran confli

March 13, 2026 1:45 p.m. 140

UAE President, Syria Leader Discuss Regional Tensions, Security

UAE President Sheikh Mohamed bin Zayed and Syria’s Ahmed Al-Sharaa discussed rising regional tension

March 13, 2026 1:13 p.m. 157
Sponsored
https://markaziasolutions.com/
Trending News

Bank of Baroda Faces Abu Dhabi Legal Battle over NMC Collapse

Bank of Baroda’s involvement in Abu Dhabi litigation tied to the NMC Healthcare collapse raises repu

Feb. 23, 2026 6:01 p.m. 538

Top Museum Openings of 2026 Set to Transform Global Tourism

From Los Angeles to Abu Dhabi and Brussels, 2026 brings major museum launches—Lucas Museum, Guggenhe

Feb. 23, 2026 5:36 p.m. 534

UAE Tour Highlights UAE’s Strength in Hosting Global Sports Events

Abu Dhabi Sports Council says the successful UAE Tour reflects the UAE’s leading role in hosting maj

Feb. 23, 2026 4:21 p.m. 502

EU Seeks Clarity from US After Supreme Court IEEPA Ruling

European Commission urges full transparency from the US on steps after Supreme Court ruling, emphasi

Feb. 23, 2026 4:04 p.m. 474

SpaceX Launches 53 New Satellites for Expanding Starlink Network

SpaceX launches 53 Starlink satellites in two Falcon 9 missions, breaking reuse records and expandin

Feb. 23, 2026 3:51 p.m. 473

RTA Awards Contract for Phase II of Hessa Street Upgrade in Dubai

Phase II of Hessa Street Development to add bridges, tunnel, and upgraded intersections, doubling ca

Feb. 23, 2026 3:20 p.m. 564

UAE Gold Prices Today, Monday 16 February 2026: Dubai & Abu Dhabi Updated Rates

Gold prices in UAE on 16 Feb 2026 updated: 24K around AED 599.75/gm, 22K AED 555.25/gm, and 18K AED

Feb. 16, 2026 6:04 p.m. 1140

Over 25 Ahmedabad Schools Receive Bomb Threat Email, Authorities Investigate

More than 25 schools in Ahmedabad evacuated after bomb threat emails mentioning Khalistan. Authoriti

Feb. 16, 2026 2:34 p.m. 532