Discover new off-plan projects in Dubai
Explore the latest projects from trusted property developers redefining luxury living in Dubai.
Discover new off-plan projects in Dubai
Explore the latest projects from trusted property developers redefining luxury living in Dubai.
Investing in off-plan properties in Dubai and the UAE offers an opportunity to invest with flexible payment plans and the potential for capital appreciation.
Our dedicated team of Property Consultants is committed to providing tailored solutions, ensuring you find a new development that aligns perfectly with your lifestyle preferences and investment goals.
Off-plan projects offer an opportunity to increase in value as the completion date approaches and with the growth of the Dubai property market, allowing buyers to profit from capital gain.
Property developers usually offer flexible post-handover payment plans, which allow buyers to pay in instalments over time, making it easier to plan finances and manage resources.
Off-plan properties usually include the option to modify the property, allowing customers to tailor their new homes to their interests and preferences.
Emaar Properties is a globally recognized developer responsible for some of Dubai's most famous landmarks, including the Burj Khalifa and The Dubai Mall. Emaar is committed to excellence, which is evident in its master-planned communities that offer a blend of luxury, convenience, and sustainability, setting new standards in urban living.
Dubai Properties is a UAE-based developer with over sixteen years of experience in commercial and residential property in Dubai. The most significant projects by Dubai Properties are Madinat Jumeirah Living, 1/JBR, La Vie, Serena, La Rosa
Nakheel is a leading Dubai-based developer famous for iconic projects like the Palm Jumeirah. Nakheel focuses on innovative design and community-centric developments to shape Dubai's real estate landscape, offering world-class residential, retail, and leisure destinations.
Damac Properties is a prominent luxury real estate developer in the Middle East known for creating high-end residential, commercial, and leisure properties. With a portfolio that includes iconic projects like Damac Hills and Damac Lagoons, Damac delivers unmatched luxury living experiences with world-class amenities and services.
Explore the latest off-plan projects in Dubai from trusted property developers.
FREQUENTLY ASKED QUESTIONS
An off-plan property refers to a real estate purchase made before its construction, relying on the developer's floor plans and designs. Investors can acquire the property at the project's launch or at various stages of the construction process.
Yes, foreign investors can purchase off-plan property in Dubai. With its investor-friendly policies and diverse property options, the Dubai real estate market offers attractive opportunities for international buyers looking to invest in off-plan projects.
Our team can provide you with comprehensive information on purchasing real estate in Dubai.
It is important to note that you may only sometimes be responsible for covering all the costs when buying a property in Dubai. Some developers offer the Dubai Land Department a waiver on the entire or partial registration fee.
The buyer or developer/seller must pay 4% of the property's value to the DLD. The buyer must also pay AED 5,250 to obtain their Oqood Certificate. When purchasing a property from the developer, no agency fee is involved.
Payment plans for off-plan properties may vary among developers but generally involve an initial down payment. This payment usually ranges from 5% to 20% of the property's total value. The remaining amount is divided into installments tied to specific construction milestones or quarterly payments.
The final instalment is usually expected upon completion and handover of the property. Some developers may also offer post-handover payment plans, which allow for a significant amount of the payment to be made after possession.
In Dubai, the government has enacted laws and guidelines to safeguard the interests of off-plan buyers. The Dubai Land Department (DLD) oversees real estate transactions and enforces specific regulations about off-plan properties.
Key legal protections comprise:
RERA Registration: Projects must undergo registration with the Real Estate Regulatory Agency (RERA), guaranteeing transparency and adherence to regulations.
Escrow Accounts: Developers must place buyers' payments into escrow accounts, ensuring funds are allocated solely for the designated project's construction.
Sales Purchase Agreement (SPA): Contracts must meticulously delineate details such as payment schedules, penalties for delays, project specifications, and completion timelines.
These measures provide assurance and security for off-plan buyers, ensuring a transparent and regulated property investment environment in Dubai.
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To advertise a resale off-plan property in Dubai, the initial step is to meet the developer's repayment threshold, which is typically set at 30%. Following this, terms must be agreed upon, contracts must be signed, and the transfer process must be completed to facilitate the sale.
ENGEL & VöLKERS Dubai
Usman Adrees
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