The Ultimate Guide To Investing in an Off-Plan Property in Dubai
- 5th Jan 2022
Are you keen to buy or invest in an off-plan property in Dubai, but not sure what to expect? Welcome to the Ultimate Guide To Investing in an Off-Plan Property in Dubai by Ghar.ae that has all the details you require to make an informed investment. If you are serious about investing and buying off-plan property in Dubai, the following pointers will surely act as a guide line to your decision making process.
Advantages of Investing in an Off-Plan Property
1. You get maximum Return on Investment
Investing in under construction property means that investors are going to get the lowest and earliest possible prices for a particular unit. It also means that the investor has the freedom of choice to get preferred units in the development that offer the highest possible return on investment. Early movers in real estate investments definitely have a lot to gain.
2. You can sell before the project is delivered
With well reputed developers and well known projects in Dubai, especially during a good run of the real estate market in Dubai, investors can sell their units even before the development has been completed at a considerable profit. This makes your short-term real estate investment extremely lucrative.
3. More profits with lesser down payments
Generally up front (down) payments for completed projects are 25% of the property value for expats (and 20% for Emiratis). By investing in an off-plan property in Dubai you can save a big chunk of this amount as down payment for off-plan properties is only 10%.