Dubai’s property sector is set to welcome a fresh wave of first-time homeowners as the emirate rolls out its much-anticipated ‘First-Home’ initiative, offering residential listings under AED 5 million along with discounts of up to 10%. The initiative is designed to empower end-users, especially UAE residents and new investors, to step onto the property ladder in a competitive yet dynamic market.
Backed by major developers and supported by Dubai Land Department, the program focuses on making freehold properties in sought-after areas more accessible. Communities such as Dubai Hills Estate, JVC, Business Bay, and Dubai South are expected to feature prominently in the listings, providing high-quality living at comparatively lower entry costs.
Investors should anticipate decreased registration fees, expedited ownership procedures, and flexible payment plans in addition to price reductions. Additionally, properties with energy-efficient designs, contemporary amenities, and high rental potential are highlighted in the campaign, drawing in both long-term investors and lifestyle shoppers.
According to analysts, the project will increase market confidence, close the gap between renting and owning, and further the inclusive, sustainable growth outlined in the Dubai 2040 Urban Master Plan. First-time homebuyers are encouraged to move fast to take advantage of this limited-time deal when listings go available.