Living in Dubai
Dubai is a fantastic area to live and work for several reasons, including its high standard of living, the absence of property and business taxes, the amazing lifestyle it offers with its incredible malls, shopping centers, high-end restaurants, and exclusive beaches, as well as its desert landscapes and rich culture. Nowadays, the real estate market in Dubai is filled with various offers for investors in both the off-plan and ready property sectors. Dubai’s secondary real estate sales sector has experienced growth on a scale not previously seen as record-breaking transactions are being reported by the government week after week. On the other hand, the off-plan real estate sales sector has experienced phenomenal growth in transactions as waterfront and beachfront townhouses, villas, and apartments are being sold by almost all the leading real estate developers in Dubai with flexible terms and payment plans.
Off-Plan Properties in Dubai
Benefits and Drawbacks of Investing in Off-Plan Properties
First-Mover Advantage:
Capital Appreciation:
Off-plan properties in Dubai are known for their potential to appreciate in value, with an average annual increase close to 15%. This growth can translate into significant returns on your investment over time.
Potential Golden Visa Eligibility:
Investing in an off-plan property valued at 2 million AED or more can qualify you for Dubai’s Golden Visa. This long-term residency visa offers various benefits, including the ability to live, work, and study in Dubai. It provides stability and access to the UAE’s business opportunities and lifestyle.
Opportunity to Sell Before Completion:
Lower Initial Costs:
Off-plan properties typically offer flexible payment plans, allowing you to spread payments over several years. This approach reduces financial stress by avoiding large, upfront costs. It makes investing more accessible and manageable, aligning payments with construction milestones rather than requiring a full payment immediately.
Brand-New Property:
Drawbacks of Investing in Off-Plan Properties
Delayed Completion
Construction can face unforeseen or unanticipated hurdles which might push back your move-in date. Choose your developer carefully.
Expectation vs. Reality
Sometimes what you see in the brochure isn’t exactly what you get. Understand what you’re buying, down to the smallest detail, with the guidance of the experts.
Future Developments
New developments near your property could impact its value. We’ll help you assess these risks before you commit.
Choosing the right off-plan property requires more than just market knowledge; it demands personalized attention and expert guidance. Our team ensures you’re not left to navigate this complex process alone.
We provide the right resources, insights, and support you need to make informed decisions. Our experts match you with a property that aligns with your goals, letting you take the lead while we equip you with everything you need to do so effectively.
Off-Plan Properties in Dubai
Idraak Properties has partnered with Dubai’s top real estate developers, including Emaar, DAMAC, Nakheel, and SOBHA. These collaborations enable us to offer investors unparalleled opportunities that align perfectly with their investment goals. By leveraging these strategic partnerships, we ensure our clients receive the highest possible returns on their investments.
Our Partners
