News Real Estate

Dubai facilitating first-time home buyers

Dubai has launched a major initiative to support first-time homeownership through a new programme developed by the Dubai Land Department and the Dubai Department of Economy and Tourism.

Aimed at both Emiratis and expats, the programme offers priority access to new property launches, preferential pricing, and tailored mortgage solutions. Leading developers including Emaar, Nakheel, DAMAC, and Meraas have joined the programme.

The initiative supports the Dubai Real Estate Strategy 2033 and the Dubai Economic Agenda D33, with goals to double the real estate sector’s GDP contribution and increase homeownership rates.

Gulf Economist Staff Writer