First Time Home Buyer in Dubai – Simple Step-by-Step Guide

First Time Home Buyer’s Step By Step Guide – Expert Homes Real Estate

First Time Home Buyer in Dubai can feel overwhelming—but with Expert Homes Real Estate, it gets easy and clear from day one.

1. Freehold vs Leasehold – What You Get

Freehold: Permanent ownership—ideal for expats.

Leasehold: 99-year lease—more affordable, but limited ownership.

Most Dubai gated-community homes like those in JVC, Dubai Hills, and Business Bay are freehold, ideal for stability.

2. AED 1M Budget = Your Best Picks

Suitable first-time investments include:

JVC: Modern 1-bed with park views

Dubai Hills Estate: Ideal for families near schools

Business Bay: Urban living with canal access

3. Financing 101 for Expats

Mortgage rates sit at 3–4.5%, with 20–25% down-payment.

UAE banks are supportive with expat mortgage plans, sometimes requiring minimal credit history.

4. Budgeting Smart

Include hidden costs like:

4% Land Dept fee, NOC, 2% agent commission, and 5–15 AED/sqft in service charges
factoring early prevents surprises.

5. 2025 Buyer Incentives

Developers such as Binghatti and others offer 0% interest, no salary certificates, and flexible completion dates—ideal for first-home buyers.

6. Your Personalized Checklist

Choose freehold or leasehold

Get mortgage pre-approval

Filter listings with Expert Homes

Physical or virtual viewings

Reserve + deposit

Registration & move-in

Internal Links to Explore:

Dubai mortgage guide for expats

Binghatti homes under AED 1M

Hidden real estate costs explained

Smart buying starts with the right insight. When you’re prepared—with budgeting, financing, and the perks 2025 has to offer—you’re readier than ever.

Schedule a consultation with Expert Homes and let our first-time buyer experts guide your journey.