Off Plan

Off-plan properties in Dubai have become a popular investment option due to flexible payment plans and the opportunity to purchase properties at pre-construction prices. Off-plan properties refer to real estate that is still under construction or in the planning stages. You invest in these properties before or during the construction process, often at a lower price compared to completed properties.

Steps to Purchase an Off-Plan Property:

Research Developers and Projects: Choose a reputable developer with a track record of deliveringprojects on time. Once you have found a project, select the property type, whether it’s an apartment,villa, or townhouse.
Reserve the Property: Typically, you make a down payment (ranging between 5%-10%) to reserve theproperty.
Sign a Sales and Purchase Agreement (SPA): This is a legally binding contract between you and thedeveloper. It outlines the terms of the sale, payment schedules, and other important details.
Payment Plan: Off-plan properties often come with flexible payment plans, which makes themattractive. These plans typically involve paying in stages, aligned with construction milestones. Once theInitial Down Payment is completed, there are Installments During Construction and Post-HandoverPayments based on the developer’s offering which can spread over 2 to 5 years.
Handover: Once the property is completed, you receive possession, provided that all the paymentterms have been met.

Buying properties

Purchasing a property is a significant decision, whether it's your first home, an investment property, or a vacation retreat.

Selling properties

Selling a property can be a complex and challenging process, but with the right guidance and resources, you can achieve a successful sale.

Renting properties

Renting out a property can be a lucrative way to generate income, but it requires careful planning and management to ensure success.

Market analysis

We take pride in offering a comprehensive suite of specialized real estate services tailored to meet your unique needs.

Property selling

Our diverse range of services is designed to provide you with exceptional solutions, whether you’re buying, selling, renting, or investing in property.

Rental services

We assist property owners in marketing their rentals, screening potential tenants, and managing leases to ensure a smooth rental experience.

How Realtors and Real Estate Agencies Can Help with Off-Plan Property Investments

Realtors and real estate agencies play a crucial role in helping you navigate the complexities ofpurchasing off-plan properties in Dubai. Their expertise can make the process smoother and moresecure as realtors are well-versed in the Dubai real estate market and have up-to-date knowledge ofongoing and upcoming off-plan projects, market trends, price fluctuations, and reputable developersand their track records in completing projects.

This insight helps you make informed decisions and choose properties that align with your financial goals and preferences. Top real estate agencies often have access to exclusive off-plan developments or special units that may not be available directly to buyers. They can offer you early access to prime properties at pre-launch prices, providing a competitive advantage. Realtors can guide you through the legal procedures and documentation as well help you in negotiating with the developers to secure better payment terms.

Throughout the construction period, real estate agencies often provide regular updates on the project's progress. They monitor construction milestones, ensure developers meet deadlines, and keep youinformed of any changes or potential delays. Finally, real estate agencies can offer guidance on:

The best time to sell or lease the property for maximum return on investment (ROI).
Potential capital appreciation and rental yields based on market projections.
Exit strategies if they wish to flip the property before completion.
Property management or rental services to help you generate income from your property.
Assistance with snagging (inspection of the property after construction) to ensure any defects arerectified by the developer.