An off-plan property in Dubai is an unconstructed property sold by developers, typically early in the construction phase. Buyers rely on architectural plans, brochures, and other marketing materials to understand what they’re purchasing. The process begins with a down payment of about 24%, followed by signing a Sales Purchase Agreement (SPA). Subsequent payments are linked to construction milestones.
Considering investing in off-plan properties in Dubai? Here’s a straightforward guide:
Understand the Market
Before investing, get familiar with the Dubai real estate landscape—research communities, stay informed on developments, and understand the legal requirements. Our free consultation services offer straightforward advice, whether you’re new to the market or a seasoned investor. We provide the essential information you need to make informed decisions.
Consult the Experts
Work with experienced agents who know the ins and outs of off-plan properties. We offer you the facts and insights you need to make a decision, without the fluff.
Define Your Preferences
Know what you’re looking for—a specific type of property, a particular location. We focus on helping you narrow down your options so you can zero in on what truly matches your criteria.
Evaluate Your Options
Reservation and Contract Signing
After selecting your property, the next step involves reserving the unit with a 20% deposit plus a 4% Dubai Land Department (DLD) fee. We’ll guide you through signing the Sales Purchase Agreement (SPA), ensuring that the terms are clear so you know exactly what you’re committing to.
Stick to the Payment Schedule
Follow the payment plan as outlined in the SPA. We’ll ensure you’re aware of what’s due and when, with no surprises.
Handover and Possession
Once construction is complete, the property undergoes a thorough inspection, including our snagging services, to identify and address any issues, ensuring the property meets the agreed standards before you take possession.
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