Why Buy Off Plan Properties In Dubai — LUXURY ASSETS DUBAI
Buy Off Plan Properties In Dubai
Off-plan is a property that is yet to be built. While investing in off-plan property may not seem like an obvious choice, it can be one of the most lucrative investments. When selected well, off-plan properties yield higher returns than completed ones. When it comes to architectural and design trends, Dubai evolves quickly and you’ll notice significant improvements in upcoming projects.
We also advise clients on available payment plans and attractive interest rates that are available for clients of any budget. Our back office team is always available to accommodate International clients and payments in various currencies, including cryptocurrency.
Golden Visa
Foreign property investors can also now obtain this visa when buying one or more off-plan properties of at least AED 2 million from approved real estate businesses. Investors will no longer be restricted by needing to have the title deed of the property in their hands
Attractive Rental Income
Rental income has made significant inroads in the real estate market in Dubai. With ex-pats making their way steadily into the country, the demand for housing has only increased. Rental income has remained steady despite the up and down fluctuation in Dubai’s property development sector. If you own an off-plan property, expect to make high rental yields, ensuring you can enjoy financial stability in the city.
Real Estate Laws
Dubai has off-plan property laws with several measures put into place by the Real Estate Regulatory Authority (RERA) to ensure buyers are protected in their off-plan property deals. These regulations have reinforced confidence in the off-plan property market and buyers are more interested in making investments before projects reach completion.
Popular Spots
Some of the popular areas to invest in off-plan properties include Meydan, Palm Jumeirah, Downtown Dubai, Jumeirah Village Triangle, Dubai Creek Harbour, Dubai Hills Estate, Silicon Oasis, and Business Bay to name a few. Luxury Assets Real Estate has direct ties to major property developers in Dubai namely, Emaar, Damac, Nakheel, Sobha, Omniyat, Select Group, and Dubai Holding. We will assist our clients in the process of purchasing an off-plan property from start to finish. We take on the complete process of securing you the best property deal with flexible payment plans and profitable investments.
Benefits In Brief Of Off-Plan Property In Dubai
- Affordable prices compared to fully constructed units
- Flexible payment plans
- Lower upfront costs
- Higher capital gains once the property is completed.
