NeoFin AE

Open to all UAE residents aged 18 and above who don’t currently own a home in Dubai, the programme is designed to make owning property more achievable for both Emiratis and expats.

The First-Time Home Buyer Programme, introduced by the Dubai Land Department and Dubai Economy & Tourism, offers special access to new property launches, better pricing, and customised mortgage options.

Leading developers like Emaar, Nakheel, and DAMAC are on board, offering units up to AED 5 million at preferential rates. Banks including Emirates NBD, CBD, and Dubai Islamic Bank are also providing tailored financing.

This move is part of Dubai’s broader strategy to strengthen the real estate sector, encourage long-term investment, and build inclusive communities.

Sharjah’s real estate market reached AED 28 billion ($7.62 billion) in transaction value during the first nine months of 2024, marking a 47% increase from last year.

According to Sharjah Real Estate Registration Department, this growth reflects strong investor confidence and interest from 114 nationalities. Residential properties led the surge, with transaction volumes driven by supportive initiatives and ongoing development projects. This upward trend signals robust potential for future real estate investment in Sharjah.