Off Plan Properties in
Dubai
Dubai is a prominent Middle Eastern city, known for its development of luxury real estate, world-class infrastructure, beautiful and eye-catching skyline and high-end offerings and amenities. This beautiful city has become a global hub for business and tourism, attracting entrepreneurs, businessmen, and tourists from all over the world. Residential and commercial properties for sale in Dubai make it a premier destination for both living and visiting. Every aspect of Dubai makes it a distinguished and modern city. The smart city initiatives by the Dubai government and its emphasis on sustainable and eco-friendly developments make it one of the top three most visited cities globally, increasing the demand for off plan properties in Dubai because local and non-local investors can buy and own properties for sale in Dubai to live their desired lifestyle.
Properties For Sale In Dubai
The demand for real estate in Dubai is increasing over time because of its increasing population and the number of people visiting it for various purposes. Some people consider rental properties mainly because of their brief stay. However, many people intend to buy real estate in Dubai to live a luxurious lifestyle, enjoy the modern offerings of Dubai and earn significant ROI from their real estate investment in Dubai. Properties for sale in Dubai include luxurious villas for sale in Dubai, splendid townhouses, apartments of various sizes and commercial properties for sale to expand or begin their business voyage.The government of Dubai has incentivized the property sector. Investors enjoy a tax-free environment here. If you invest in Dubai’s real estate sector, you will not have to pay several property-related taxes such as there are no annual property taxes in the metropolitan city. Furthermore, rental yields are also high in Dubai, attracting local and foreign investors. Buy properties for sale in Dubai, live an exciting lifestyle, or earn significant returns from your real estate investment.
Off Plan Properties Dubai:
Incomplete properties or properties that are yet to be constructed are called off plan properties. These are properties that people can buy even before completion. Investors can consider several new off plan properties in Dubai for their real estate investment. This type of investment does not require a buy to pay a hefty down payment or initial deposits. Furthermore, the payment plans for such real estate are also quite flexible, offering numerous types of installment plans, allowing people with limited budgets to invest in Dubai’s real estate. Also, investors can earn significant returns from capital appreciation upon the completion of these properties.
Properties Listed in Dubai
Ocean Point at Rashid Yachts & Marina by Emaar Properties
Starting Price: 1.66 Million AED
Location: Mina Rashid
Wadi Villas by Arista at MBR City District 11, Dubai
Starting Price: 14 Million AED
Location: Mohammed Bin Rashid City
Bay Villas at Dubai Islands by Nakheel Properties
Starting Price: 4 Million AED
Location: Dubai Islands
Vento Tower at Business Bay by Anax Developments
Starting Price: 1.2 Million AED
Location: Business Bay
Rosalia Residences at Al Furjan by Deyaar Properties
Starting Price: 1.0194 Million AED
Location: Al Furjan
The Rings by PMR by PMR Property in Jumeirah, Dubai
Starting Price: 59 Million AED
Location: Dubai Water Canal
Parkwood Residences at Jumeirah Village Circle
Starting Price: 630000 AED
Location: Jumeirah Village Circle
LIV Waterside at Dubai Marina
Starting Price: 2.3 Million AED
Location: Dubai Marina
Why To Buy Off-Plan Property In Dubai?
Lower Property Price
Prices of incomplete properties are quite low as compared to ready-to-move-in properties in Dubai, making it an attractive choice and allowing people to buy properties at discounted prices. Lower property prices allow investors to enter the real estate market and buy properties of their choice in one of the most dynamic cities. This option also makes it easy to buy luxury real estate in Dubai which might be difficult for many investors in other scenarios.
Flexible Payment Plans
The payment plans are quite flexible. Payments for off plan properties are to be paid in installments over the construction period, reducing the burden and making real estate purchases feasible. Flexible payment plans are designed to accommodate real estate investment and incite investors by reducing the immediate financial burden. Normally, installment payments are linked to the stages of completion.
Property Customization
If you buy off-plan property for sale in Dubai Marina, you will be able to customize your purchased property as per your preferences and requirements such as you can select interior finishes, modifying floor plans and choosing different color schemes. In short, buying such sort of real estate enables you to give a personalized touch to your newly purchased property.
High ROI
Investors can also generate significant returns by investing in off plan properties in Dubai because property prices increase upon the completion of a project, leading to extensive ROI. The city’s robust economic growth, the development of modern infrastructure and increasing demand for high standard living escalate the demand for properties, leading to high ROI.
Incentives By Developers
Developers also offer several incentives such as post-handover payment plans to attract investors and facilitate real estate investment in Dubai. It means investors can pay the remaining dues even after getting possession of their purchased properties. Furthermore, developers may also offer fee waivers on service charges, further reducing the upfront costs.
New Off Plan Properties In Dubai:
Indeed, Dubai has become a hotspot for real estate investment. An investor can buy residential and commercial property for sale in Dubai and off plan real estate. New projects, ranging from spacious apartments, townhouses and villas for sale in Dubai, are being constantly launched in Dubai to meet this exponentially growing demand for real estate.Â
Let’s Explore Popular Places To Consider For Off Plan Property Investment In Dubai:Â
Property For Sale In Dubai Hills
Dubai Hills Estate also known as Dubai Hills is a family-friendly neighborhood in Dubai located along Al Khail Road (E44). It is a joint venture of Emaar Properties and Meraas Holdings. Dubai Hills is a luxurious development that features modern and spacious apartments for sale in Dubai, townhouses and splendid villas. Its popular location and proximity to Downtown Dubai and Al Barsha South and high-end offerings make it a worth-considering option for real estate investment.Investors can purchase both ready-to-move-in or off plan property for sale in Dubai Hills based on their specific requirements and preferences. Being one of the best neighborhoods in Dubai makes it an ideal choice if you want to live a desired lifestyle, build assets, multiply your investment, or earn revenue from your property investment.
Property For Sale In Dubai Marina
It would be wrong to call it one of the most sought-after neighborhoods in Dubai. The development status of Dubai Marina and the availability of high-end offerings make it a distinguished community. Furthermore, its prime location and proximity to several key areas of Dubai add to its captivation, attracting investors from all over the world. Emaar Properties is developing this landmark project, creating modern living and business spaces to cater to evolving needs and preferences. Dubai Marina offers various sorts of real estate investment options such as Podium villas for sale in Dubai Marina, apartments, and several types of commercial real estate for sale or rent. Undoubtedly, it is a place where you can live your dream lifestyle and create moments of joy and happiness along with your loved ones. Furthermore, you can also experience the epitome of luxury and serenity in Dubai Marina.
Property For Sale In Downtown Dubai
Downtown Dubai is a mixed-use development by Emaar Properties located along Sheikh Zayed Road (E11). It is home to Burj Khalifa, one of the most fascinating developments globally. Business Bay, DIFC and Dubai International Airport are quite close to this neighborhood. In short, this district not only enjoys a prime location, attracts visitors and also offers a luxurious lifestyle to its residents. Investors can invest in high-rise buildings, and buy apartments, penthouses, luxurious villas and commercial spaces in Downtown Dubai. Property for sale in Downtown Dubai is a decent option if you want to build wealth, develop a real estate portfolio and live a luxurious lifestyle.
Property For Sale In Dubai Palm Jumeirah
Palm Jumeirah is the largest man-made island in the world. It is an amazing project by Nakheel Properties that aims to redefine the notion of luxury living. Palm Jumeirah is a palm tree-shaped real estate project that offers a contemporary lifestyle, allowing residents to enjoy breathtaking views of the Arabian Gulf. Buy apartments, townhouses and villas for sale in Downtown Dubai and start living a desired lifestyle. Prices of Properties for sale in Palm Jumeirah are quite competitive, making it a worth-considering real estate investment option.
Property For Sale In Dubai Investment Park
Dubai Investment Park is a mixed-use development located along Sheikh Mohammed Bin Zayed Road (E311). Al Maktoum International Airport and Dubai Marina are located quite close to it. Its upgraded lifestyle and thoughtfully created master plan make it a prominent neighborhood in Dubai. The availability of exceptional facilities and amenities and premium developments attract investors.Whether you want to start or thrive your business in Dubai or live a splendid lifestyle then Dubai Investment Park must be your choice. New properties for sale and distressed properties for sale in Dubai Investment Park cater to the diverse needs, requirements, and preferences of real estate investors.
Property For Sale In Al Barsha
Al Barsha is a residential neighborhood in Dubai that is located near Sheikh Zayed Road (E11) and Sheikh Mohammed Bin Zayed Road (E311). This family-friendly community is home to the Mall of Emirates, Barsha South Mall and My City Center Al Barsha. The Al Barsha lifestyle, adorned with high-end offerings and luxurious facilities, fascinates luxury enthusiasts. Property for sale in Al Barsha, Dubai includes apartments and villas. Based on your financial reach and specific preferences, you can choose to buy property of your choice. For example, you can purchase villas for sale in Dubai and spacious apartments in this neighborhood. Its close connectivity and state-of-the-art facilities enhance its captivation.
FAQ
Most frequent questions and answers
Is it good to buy off plan properties for sale in Dubai?
Yes. Buying off plan properties for sale in Dubai is considered a wise choice because it requires less initial deposits and the payment plans for such properties are also flexible, allowing people to easily enter the real estate market.
Can I get a loan on off-plan property in Dubai?
Yes. Mortgage options for off plan properties are available for both local and foreign real estate investors. If you are buying property in Dubai, you should consider getting a home loan. Get approval of your loan before making a real estate investment.
What are the benefits of off plan in Dubai?
Off plan properties for sale in Dubai are considered more affordable because off plan real estate investment does not require hefty initial deposits. One can buy property at economical rates, enter the real estate market and take advantage of capital appreciation.
Can you resell your off plan property in Dubai?
Yes. You can resell your off plan properties in Dubai. There are some restrictions set by developers that you need to fulfill before reselling your off plan property. Some developers require 30% to 40% of the total amount. Following that, you become eligible to resell your property.
Can foreign nationals buy off plan properties for sale in Dubai?
Yes. Local and foreign nationals both can purchase and own freehold real estate. Foreign investors can only invest and own properties in designated areas called freehold zones.
