The UAE’s new scheme for real estate is to support first-time investors entering the property market. The Dubai Land Department (DLD) partners with 13 developers and five banks to facilitate purchases of homes valued up to Dh5 million ($1.36 million).
This initiative removes salary restrictions and leaves financing decisions to the discretion of the banks. It aims to provide easier access to property ownership amid Dubai’s ongoing real estate boom.
UAE’s new scheme for real estate partners with top developers for buyers
The UAE’s new scheme for real estate involves developers such as Emaar, Nakheel, Azizi, Wasl, Damac, Danube, and others. It is supported by banks including Emirates NBD, Emirates Islamic, Mashreq Bank, Dubai Islamic Bank, and Commercial Bank of Dubai.
Eligible buyers must be 18 years or older, hold an Emirates ID, and not own a freehold property. Priority access to new homes, zero-interest DLD registration fees, flexible payment plans, and developer discounts are key benefits.
UAE’s new scheme for real estate drives growth with 5,000 new investors in Dubai
The UAE’s new scheme for real estate aims to attract 5,000 new investors in 2025, boosting Dubai’s property market. Interested buyers must register on the DLD website or via the Dubai REST app to participate.
The New Properties scheme in Dubai, part of this initiative, offers flexible financing and exclusive benefits. Developers expect increased demand, which will help those previously unable to buy enter the market.
Dubai’s property market continues to show strong growth, supported by government initiatives such as residency permits for retirees, remote workers, and the 10-year golden visa program.
The emirate recorded Dh761 billion in property deals last year, a 20% rise from 2023, with total transactions increasing 36% to 226,000. These figures reflect the positive impact of the UAE’s new scheme for real estate and related efforts.
The UAE’s new scheme for real estate provides an essential boost to homeownership accessibility in Dubai while stimulating investor confidence and market expansion. Collaboration between developers, banks, and the government ensures sustainable growth through the Dubai properties new scheme and the broader Dubai real estate new scheme.
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