how to buy off plan property in dubai

Off Plan Real Estate
  • 0% Personal Income Tax, Rental Income Tax, Capital Gain Tax
  • Costs From 788,000 AED / $215,000​
  • 3 Year Investor Visa for Self & Family Eligible
  • Booming Property Market
  • 20 Million Annual Visitors By 2025
  • 10 Year Golden UAE Residency Visa for Investors
  • 10 Most Visited Cities in The World In 2018*
  • Dubai is 7th Safest City in the World by Numbero
  • Dubai is 24th City in Quality of Life Index
  • UAE offering Citizenship to Foreigners

    how to buy off plan property in dubai

    “The Advantages of Buying Off-Plan Property in Dubai”

    Dubai has been one of the world’s fastest-growing real estate markets in recent years, with many new developments and investment opportunities. One of the best ways to enter the market is by buying off-plan property. Here’s why:

    “Affordability”

    Off-plan properties are often cheaper than completed ones, as they are sold before construction is finished. This provides a unique opportunity for investors to get in on the ground floor and take advantage of lower prices. With off-plan properties, you can often buy at a discount compared to the market value of the property once it is completed.

    “Flexibility”

    Buying off-plan also gives you the flexibility to choose from a range of different properties, sizes, and locations. You can select the one that best meets your needs and budget, and make changes to the specifications before construction is finished. This is not possible with completed properties, which have already been built and may not meet your exact requirements.

    “Capital Growth Potential”

    Off-plan properties in Dubai have the potential for significant capital growth. The value of the property typically increases as construction progresses, and even more so once it is completed. This is due to the rising demand for new properties in the city, which is driven by population growth and a thriving economy.

    “Stress-Free Investment”

    Investing in off-plan properties can be a stress-free experience, as the developer is responsible for all aspects of construction, including obtaining the necessary permits and licenses. This means that you can sit back and relax while the property is being built, without having to worry about the complexities of the construction process.

    “Diversify Your Portfolio”

    Investing in off-plan properties in Dubai can be a great way to diversify your investment portfolio. By spreading your investments across different assets, you can reduce your risk and increase your chances of success. Dubai’s real estate market is consistently growing, making it an attractive investment opportunity.

    “How to Buy Off-Plan Property in Dubai”

    Now that you understand the benefits of buying off-plan property in Dubai, here’s how to get started:

    “Find a Reputable Developer”

    The first step in buying off-plan property in Dubai is to find a reputable developer. Look for one with a proven track record of delivering high-quality projects on time and on budget. Check their credentials, read reviews and testimonials, and speak to other investors to get a sense of their reputation.

    “Understand the Payment Plan”

    Before you commit to buying an off-plan property, make sure you understand the payment plan. This should include details on when and how payments are to be made, as well as any incentives or discounts that may be available. Be sure to get this information in writing so you have a clear understanding of the terms and conditions.

    “Get a Lawyer”

    It is important to have a lawyer review the contract and provide legal advice before signing on the dotted line. A lawyer can help you understand the terms and conditions, as well as identify any potential risks or issues. This will give you peace of mind and ensure that your investment is protected.

    “Inspect the Property”

    Once you have decided on a property, arrange to inspect it. This will give you the opportunity to see the location, the quality of the construction, and the overall standard of the development. This is a critical step, as it will help you make an informed decision about whether the property is right for you.