Buying off-plan property in Dubai is quite advantageous as the city is brimmed with non-stop opportunity that generates ample benefits. It is quite common to invest in off-plan property in Dubai and if you are an immigrant then there are various advantages associated with it. Whether you are planning for investing in an off-plan project then surely it is a wise choice. Check out the blog and know the outstanding benefits of buying off-plan property.
What are off-plan properties?
Off-plan properties are generally under-construction properties, home buyers can directly purchase from the developer. The prime objective of buying off-plan properties is the buyers can get the property at a low price value. All in all, a down payment, is a prime reason because once the property is in the under-construction phase the price is quite low but once it is completed the project’s price gets double or triple.
Why do developers sell an off-plan property?
Builders have a different strategy to run their business and selling off-plan property is a part of that strategy. The best advantage of buying off-plan property is getting a lower-price value. To entice many sales commitments as possible is another prime reason buyers sell the off-plan property. By this, developers will be secure financially from their lender the finance they need to build for their developments.
What are the advantages of buying an off-plan Property in Dubai?
There are various advantages associated with it while buying an off-plan property. Such a type of project gains lots of popularity from the locals and international home buyers. To understand it better let’s have a look at some absolute reasons for buying off-plan property.
Lower Price and More Payment Options
Off-plan properties always come with various payment plans which makes property buying easier. Additionally, it offers a lower price that saves a lot. At the initial stage, you can buy property at a lower price. In real estate, it has been witnessed that when a new project is launched that developers compete on price and payment plans hence this is the right to act smartly.
Wide Ranges of off-plan Properties are available
Dubai Real Estate has manifolds off-plan properties by reputed developers with stunning lifestyles and amenities hence buyers can have the opportunity to enjoy for the rest of life. In Dubai, there are various developers like Emaar, Sobha reality, DAMAC Properties, and Danube Properties to name a few.
Property Laws in Dubai
Dubai RERA and Dubai Land Department have enacted certain rules to protect buyers as well as investors in case of any delay, cancellation, or fraud from the developer side. So whenever you are planning to invest in an off-plan property always make off-plan real estate investment payments to DLD –approved banks so that developers won’t’ be able to access funds until the project is completed.
Do you save money by purchasing off-plan property in Dubai?
Certainly, buying off-plan property is associated with money-saving. At the initial stage of a property, the developer offers a different flexible payment plan, you can get a property at a lower price value. The best advantage is you can sell the off-plan property before its completion.
15 Best Off-Plan Projects in Dubai
Park Filed & Lime Gardens: This is a super-luxury residential project that offers 1, 2, and 3 bedroom apartments and a stunning lifestyle in the heart of Emmar Dubai Hills Estate. Here, the residents will get top-notch living amidst contemporary indulgence. This stunning development witnessed an opportune location as you can easily access all social as well as physical amenities via the famous Sheikh Zayed Road, Mohammad bin Zayed Road, and Al Khail Road.
Can easily access Al Maktoum International Airport, Dubai International Airport, Dubai Marina, and Downtown Dubai.
DAMAC Cavalli Estates: One of the stunning developments located in DAMAC Hills community, next to Hessa Street is such an advantageous location. An address wisely developed with intense care serves 6 & 7-bed mansions and a lifestyle that you have never imagined.
Sobha Creek Vistas Grande Apartment: Part of Sobha Hartland community, located in Mohammed Bin Rashid Al Maktoum City, Dubai. Here, the developer is introducing luxury life in a whole new way by presenting a merge of 1, 2, and 3-bedroom apartments and a lifestyle between world-class amenities.
Emmar Crescent: Experience an uber-luxury residence living in Emmar Crescent, where it offers 1, 2, and 3-bed apartments. Super comfortable lifestyle, enough privacy living and much more just one single destination.
Emmar Orania: It’s a perfect contemporary setting in the Emaar Valley community, smartly allocated 3 & 4-bed townhouses and a series of modern amenities with perfect modern living and offers you to enjoy a peaceful luxurious home. Located close to Dubai-Al Ain Road and serve easy connectivity to some prime places.
Sobha One: Part of the Sobha Hartland community this stunning luxury structure is underlined with 1, 2, 3 & 4 bedroom apartments where the development allows you to choose your dream home between 1250 units. Located on Ras Al Khor Road offers easy connectivity to Dubai International Airport, Dubai Mall, The Palm Jumeirah, and Dubai Downtown to name a few.
Safa Two: Welcomes you with abundant luxury, where residents can enjoy the adequate extravagant option. So here, you can get compete for astounding living experience in 1, 2, and 3-bed apartments. An exceptional project on Sheikh Zayed Road with 84 stories and 73 to 84 floors where one sees life’s best side.
Address Residences The Bay: Smartly planned in Emaar Beachfront community where the development is introducing 1, 2, and 3 bedroom apartments living amidst high-end luxury amenities. This development is entirely dedicated to Dubai’s lifestyle which will surely give you a reason to explore more.
AZIZI Riviera: In Meydan at MBR City AZIZI Riviera is another stunning development that offers waterfront luxury apartments in 1, 2 & 3-bed options. Get the perfect view as the development presents mid-rise apartments from where residents can experience the best side of life.
Expo Golf Villas Phase 4: In Emaar South community Expo Golf Villas Phase 4 is the finest option with 3 & 4 bedroom villas. Well adorned with contemporary features and services, this superb project is the perfect instance of upscale living. If you wish to discover South Dubai then Expo Golf Villas Phase 4 is the best option ever.
Expo Golf Villas Phase 5: Is a part of Emaar South, offers luxury 3 & 4-bed villa property, and lets you live the best side of life. Strategically planned next to the Dubai Expo 2020 site and offers you easy connectivity to major roads and landmarks to the best part of Dubai.
Danube Gemz: Danube Gemz by the Danube is a fully furnished luxury residence that offers 1, 2, and 3 bedroom apartments with a stunning lifestyle ever. Here, the residents will get basic furniture, a modular kitchen, a functional washroom, a private swimming pool, a private balcony, and many more. Located at Al Furjan it is offering ease of connectivity to Sheikh Zayed Road, Dubai Airport, Marina, Downtown, Burj Kahlifa, etc
Emaar Boulevard Heights: Downtown Dubai’s most coveted residential address comprises 1, 2, 3, and 4 bedroom apartments, a penthouse, and a duplex. With spacious floor plans, this new residence is serving its kind lifetime experiences amidst endless opportunities.
Emaar Act One Act Two: This is the most iconic residential address located in Downtown Dubai where the developer has allocated 1 to 4 bedroom apartments & 4 bedroom Townhouses. Chase an elite class living experience yet hold a prestigious address at the most desiring address in Dubai.
DAMAC Lagoons Venice: This is a part of the DAMAC Lagoons Community located at Hessa Street. Introducing 6 & 7 beds villa residence. Additionally, here you can experience top-of-the-class living, amiable ambiance, and a unique lifestyle. Dubai International Airport, Miracle Garden, Dubai Polo & Equestrian, first avenue mall, and Al Maktoum International airport are within a reachable distance.
Conclusion
Dubai is brimmed with ranges of off-plan properties and the city carries multiple advantages for such kinds of properties. Suppose if you are an immigrant then you can discover more benefits with the off-plan property. So choose the right option for you where you can live the best side of life for the rest of the time.