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Off-Plan Properties in Dubai

Off-plan properties are real estate still in the planning or construction phase. You can enjoy several benefits buying off-plan properties in Dubai, including but not limited to the following: 

Here are a few promising reasons you should invest in off-plan real estate:

Low Entry Price: Off-plan or new-plan properties offer a low entry point for real estate investors and generally enjoy a discount of up to 40% over the ready property price.

Flexible Payment Plans: Builders offer several different payment plans for off-plan property sales, such as downpayment, possession or construction linked plan, 30:70 plan, etc. 

Customize Your Property: Since the property is still in the planning phase, you can add a personal touch to the design elements. So, when you get to the possession, the residence will already match your taste and style. 

Huge Upside Potential: Dubai is one of the best cities in the world. Tax-free income, a stable economy, lower cost of living, and high standards are attractions of living in Dubai. 

State-of-the-Art Facilities: A new property will always feature more modern amenities, design, and technology. Off-plan properties also offer this advantage over ready-to-move residences. 

Buying off-plan property in Dubai offers a lucrative lifestyle and return on investment. So, whether you want a home base in Dubai, another income stream, or a good return on investment, off-plan real estate offers it all. Check the best developers in Dubai and consult qualified GRD Off-Plan agents to negotiate the best deals for you. 

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How to Buy Off-Plan Properties in Dubai

Buying off-plan properties in Dubai is a tightly regulated process. However, the regulations only protect the investors and their interests. So, with sincere guidance, you can navigate the regulatory and builder terms and conditions and secure a good off-plan deal. 

With GRD Off Plan Realty, it will be a simple three-step process: 

  • Set a Budget: Have a ballpark budget in mind. Your budget can unlock different prize points with your purchase, like Dubai Golden Visa.
  • Decide on the Type and Locality: Explore villas, townhouses, apartments, and branded residences among the several popular areas. 
  • Contact GRD Off Plan Realty: Contact us once you have a mental image of what you would love to invest in, and we’ll take it from there.

 

Buying off-plan properties in Dubai is much easier if trusted and qualified on-ground advisors guide you. Real estate advisors at GRD Off Plan understand the law and processes to help you navigate these easily and confidently. We can also negotiate a better deal for you with the builders.

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Best Real Estate Areas in Dubai

Leading Dubai Real Estate Developers

Emaar

One of Dubai’s best real estate developers. They are an expert in developing retail, hospitality, and leisure spaces. Emaar boasts some of the most renowned projects in Dubai, such as Burj Khalifa, Downtown Dubai, Emaar Beachfront, Dubai Hills Estate, Dubai Creek, etc.

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Meraas

Being one of the leading developing company in Dubai, Meraas has built many iconic and high demanding projects including Bluewaters Residences, BVLGARI Resort & Residences Dubai, Port De La Mer, Sur La Mer and City Walk

Meraas logo symbolizing innovation in urban development.

Dubai Properties

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

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FAQ's

1. What does off-plan mean in Dubai real estate?
Real estate projects are divided into two categories for marketing in Dubai – off-plan or new-plan projects and completed projects. Off-plan projects are fresh off the planning desk, meaning the construction of the projects is not yet complete. While project completion is the milestone segregating both types of properties, off-plan properties offer more lucrative financial benefits to investors.
You need to explore the type of property you want, run a background check on the developer, understand the location and growth opportunities, etc. Finally, visit the developer to understand the payment plan and finalize the property. Once done, register Oqood with DLD (Dubai Land Department) and be done. The process is much easier and faster if you involve a trusted and experienced real estate agent.
Yes, buying off-plan properties in Dubai is much safer due to the strict rules and regulations protecting investor rights. However, you should still check the developer’s financial stability and track record to avoid future pitfalls. Also, choose your payment plan carefully to avoid missing scheduled payments. Talk to an advisor from GRD Off Plan to understand your options and risks better.
Yes, foreigners can also buy off-plan property in Dubai. Foreign expats were involved in more than 60% of the real estate transactions in Dubai in the year 2023.
Payment flexibility and discounted entry price are the two most attractive benefits of investing in off-plan properties in Dubai. Other benefits include improved and more modern amenities, design customizations, and interior selection.
The completion time for an off-plan property in Dubai can range between 2 to 5 years. The construction speed may vary depending on the project’s size and complexity. For example, smaller apartment projects can be completed within three years, while the community of luxury villas can take up to five years.
Builders sell off-plan properties at a 15-20% discount over the completed property prices. However, market forces and economic events can close or widen the price gap before the project is completed.

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