Buying a first home in Dubai in 2026 will require buyers to have an initial capital of at least $82,000 and a stable monthly income ranging from $8,200 to $10,900, according to market participants. For properties priced up to $1.36 million, banks typically require a minimum down payment of 20%.
For example, when purchasing an apartment priced at approximately $409,000, buyers are expected to contribute around $82,000 in personal funds. Once registration fees, bank charges and agency services are factored in, total upfront costs can rise to $98,000–109,000.
Experts emphasize that buyers often underestimate additional expenses. These include the Dubai Land Department fee of 4% of the property value (approximately $16,400 for a $409,000 property), mortgage registration fees and ongoing service charges.
Another financial pressure comes from the surge in rental prices during 2024–2025. Many first-time buyers find themselves paying rent while simultaneously saving for a property purchase. In response, the Dubai authorities launched a first-home buyer support program in July 2025, offering preferential terms and mortgage assistance for properties valued up to $1.36 million.
Mortgage lending in the UAE is governed by a debt burden ratio, which limits monthly repayments to no more than 50% of a borrower’s income. According to bank estimates, purchasing property priced between $409,000 and $681,000 requires a verified monthly income of at least $8,200–10,900.
Looking ahead to 2026, banks are expected to maintain a conservative approach to mortgage lending, offering loan terms of up to 25 years and financing up to 80% of the property value for expat buyers.
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