How to apply for UAE’s First-Time Home Buyer Loan: Step-by-Step guide

Dubai: Dreaming of owning your first home in Dubai? The UAE’s new First-Time Home Buyer Programme is designed to make that dream a lot more achievable — even if you're on a modest budget. Backed by the Dubai Land Department (DLD), the scheme offers competitive home loans, reduced fees, and access to some of Dubai’s most exciting new communities.

Let’s break down the process into simple, easy-to-follow steps.

1. Check if you’re eligible

Start by confirming you qualify as a first-time buyer in Dubai.

• Option A: Your real estate agent can check your eligibility on the DLD portal using your Emirates ID.

• Option B: You can self-register on the Dubai REST app.

Once verified, you’ll get a personalised link from the DLD to complete your registration.

2. Pick a property from participating developers

Choose from properties from developers such as Azizi Developments, Binghatti Properties, Beyond Developments, DAMAC Properties, Danube Properties, Dubai Properties, Ellington Properties, EMAAR, Majid Al Futtaim, Meraas, Nakheel Properties, and Palma Holding.

Each of these developers offers a range of eligible properties — from off-plan apartments to ready-to-move-in homes — tailored to first-time buyers. Whether you're into off-plan apartments or ready-to-move-in townhouses, you’ll find plenty of choices — all priced below Dh5 million.

3. Reserve your home

Liked what you saw? Sign a reservation form with the developer to lock in your chosen unit. From that point, your journey toward owning a home truly begins.

4. Choose a partner bank for financing

Now it’s time to secure a mortgage. Choose from DLD-approved banks, Commercial Bank of Dubai, Dubai Islamic Bank, Emirates NBD, Emirates Islamic, and Mashreq Bank, who are currently offering special first-time buyer rates.

Submit basic financial documents like your salary certificate, bank statements, and employment letter for approval.

5. Get your mortgage approved

Once your bank processes and approves your documents, you’ll receive final confirmation of your first-time buyer home loan. Bonus? You’ll also get access to dedicated support to make the entire process smooth and stress-free.

What kind of properties are included?

The programme covers a wide range of housing options — perfect for different budgets and lifestyle preferences:

• Off-plan projects with flexible payment plans (like 80/20)

• Ready properties, including resale homes

• Studios to 3-bedroom apartments, townhouses, and villas

Where can you buy?

Dubai’s First-Time Home Buyer Loan covers both emerging and established areas:

• Affordable, up-and-coming spots like DLRC, Liwan, Al Warsan, Silicon Oasis, Marjan

• Central locations with 1–4 bedroom apartments

• Community-driven neighbourhoods like Mirdif, JVC, Dubailand

Why this works for first-time buyers

• Value Cap: Properties must be priced under Dh5 million

• Priority Access: Early access to new launches

• Discounted Rates: Preferential pricing from top developers

• Flexible Financing: Interest-free plans for registration fees via select credit cards

• Better Mortgages: Lower rates and reduced processing fees at partner banks

Final word: Why wait?

With lower fees, easier processes, and wide property choices, the UAE’s First-Time Home Buyer Programme is turning renters into proud homeowners. Whether you’re just starting out or finally ready to plant roots in Dubai — this could be your moment.

Ready to apply? Start with an eligibility check and let your homeownership journey begin.