
š¦šŖĀ Binghatti Joins Dubaiās First-Time Home Buyer Programme with Priority Access & IncentivesĀ š”
š¦šŖĀ Binghatti Joins Dubaiās First-Time Home Buyer Programme with Priority Access & IncentivesĀ š”
Binghatti Holding Ltd., one of the UAEās leading luxury developers, will participate in Dubai Land Department and Dubai Department of Economy and Tourismās newĀ First-Time Home Buyer (FTHB) Programme, designed to help Emiratis and UAE expats become homeowners for the first time.
šĀ Key Highlights:
ā¢Ā 10% of Binghattiās newly launched and existing units under AED 5 millionĀ will be reserved for first-time buyers.
⢠Eligible buyers get early access to these units ahead of public launches.
⢠Additional benefits include exclusive discounts on selected properties and reduced administrative service fees.
The initiative supports Dubaiās broader goal of encouraging long-term homeownership and aligns with theĀ D33 Agendato reachĀ AED 1 trillion in real estate transactions. Recent data shows aĀ 29% YoY increase in transaction valueĀ and aĀ 65% rise in villa and townhouse sales, reflecting a clear shift toward buying over renting.
š Binghatti currently has aroundĀ 20,000 unitsĀ in development across Dubaiās prime areas and is known for branded residences in partnership withĀ Bugatti,Ā Mercedes-Benz, andĀ Jacob & Co.
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