UAE Property

UAE Property Market Sees Surge in First-Time Buyers as Long-Term Renters Turn Homeowners

Admin 1
February 15, 2026

The UAE property market is witnessing a notable shift as long-term renters increasingly transition into homeownership, supported by competitive pricing, flexible payment structures, and residency incentives such as the Golden Visa.

Real estate experts report sustained demand across master-planned communities, including Meydan Horizon and Dubai Islands, where buyers are seeking accessibility, green spaces, and sustainable living environments. Industry leaders note that buyer confidence remains strong, with recent surveys indicating that 7 in 10 residents intend to purchase property within the next 6 months.

Government-backed initiatives have played a central role in accelerating this momentum. Dubai’s First-Time Home Buyer Programme, launched in July 2025, has enabled more than 2,000 residents to secure their first homes, generating over Dh3.25 billion in residential transactions. The programme offers priority access to new developments, tailored mortgage solutions, and preferential pricing, effectively converting long-term tenants into homeowners.

In the evolving UAE property landscape, purchasers are prioritising build quality, location, developer reputation, and long-term livability over short-term investment gains. One- and two-bedroom apartments remain particularly popular due to affordability and rental demand.

With the Golden Visa continuing to enhance long-term residency prospects, the UAE property sector appears poised for sustained end-user-driven growth.

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