Dubai has launched the «Own First Home» initiative, a policy designed to help residents take their first step toward purchasing a property.
Key features of the program
The scheme offers:
- preferential pricing,
- early access to select projects,
- and tailored mortgage support.
These measures directly address the needs of long-term residents, positioning homeownership as a more realistic and attractive goal.
Why it matters
For years, Dubai’s real estate market was driven largely by short-term investors. Developers are now encouraged to deliver sustainable value through quality design, transparency, and community-focused projects.
A broader vision
The program also highlights Dubai’s wider ambitions. Encouraging ownership is not just about property transactions – it builds social stability, deeper civic engagement, and long-term confidence in the city’s future.
The bottom line
By prioritizing first-time buyers, Dubai is redefining the balance of its real estate market. It’s a clear message: the future of the city is being built for those who choose to call it home.
