How and why to invest in off plan properties in Dubai

Why should you invest in Dubai?

Dubai’s real estate industry is becoming increasingly appealing to both domestic and foreign investors. The attraction of homes in Dubai is also due to high levels of investment from end-user purchasers who are drawn to the rewards that can be obtained by purchasing excellent houses. But why should you invest in Dubai?

In other words, Dubai is a bustling economic centre with a wide range of commercial options. You may diversify your assets in your real estate portfolio by investing in a Dubai luxury property. Here are five reasons why investors should consider investing in the Dubai market:

Affordably priced home with a high-quality lifestyle
Outstanding lifestyle amenities and facilities
A variety of residential options are available in the city.
Visa for Real Estate Investors
Country that is secure

Why buy off-the-plan property?

Buying off-plan properties in Dubai allows purchasers to invest in a home now at a lesser price and a lower financing rate, while still receiving the same quality and warranty as those who wait for completion. Even if the property has increased in value by the completion date, you will often save money.

Can you bargain when buying off-the-plan properties?

If you want to buy a house that is still being built, you may be able to negotiate the price. This is feasible if the vendor is anxious to demonstrate a high rate of sales—if he believes other buyers would make greater offers, he may be more tempted to do the same.

How does an off-the-plan mortgage work?

Buying off-plan houses in Dubai makes sense if you have your heart set on a specific property, but our mortgages can also assist you in purchasing an off-plan home even if the development itself has not yet been constructed. It is feasible to secure funding during the pre-construction phase, even before building begins. This pre-approval provides you an advantage since it means that when your off-the-plan house is finished, you’ll be ready to apply for a mortgage and make it yours.

10 Best Dubai Off-Plan Projects

In search of the greatest Off-plan project in Dubai? We have chosen the 10 greatest Off-Plan properties to invest in right now in Dubai.
The most popular off-plan developer on the market right now.

1. Jumeirah Living Business Bay by Select Group

JUMEIRAH LIVING BUSINESS BAY

Inspired by its location’s maritime lifestyle and nautical elements, Jumeirah Living Business Bay sits on a fine line between art and architecture, in constant dialogue with the shimmering light and sparkling waters of the Dubai Canal.

Designed to be admired as a prominent highlight of the Downtown Dubai skyline, the 35-story tower features a selection of 82 spacious residences, exquisitely designed and fitted with elevated detail, coupled with curated branded amenities and services.

IN THE HEART OF THE CITY

SEAMLESSLY CONNECTING TO THE CITY’S HOTSPOTS

Peninsula is situated in the prime location of Business Bay, one of Dubai’s most recognizable neighborhoods. The area is well-connected and known for its cosmopolitan, fast-paced vibe.

Boasting close proximity to the prestigious Downtown Dubai district, Dubai’s Old Town and The Dubai Marina, it offers residents unrestricted access to the city’s most recognizable landmarks.

2.Hills Park at Dubai Hills Estate by Emaar Properties Dubai

Hills Park is a vibrant retreat for urban living, cradled in the center of a vibrant community, bringing a world of recreation, entertainment, and comfort right to your door. A beautiful selection of one, two, and three-bedroom apartments that exude elegance This holistic neighborhood is the ideal place for a community-focused lifestyle, as it is just steps away from a plethora of retail, dining, and entertainment options while also being connected to intricately manicured lawns.

This masterfully designed, multi-purpose development, located strategically amongst Downtown Dubai and Dubai Marina and bordered by Al Khail Road, provides easy access to the city’s most popular districts and attractions.

15 Mins – Downtown Dubai
15 Mins – Dubai Marina
20 Mins – Dubai International Airport
20 Mins – Maktoum International Airport

3. Marina Shores by Emaar Properties at Dubai Marina

The 53-story tower is located in the heart of Dubai Marina’s lively waterfront and offers uninterrupted views of the sea and Dubai Marina. Marina Shores provides stylish living choices along Dubai Marina’s sun-kissed coastline, making it an ideal place to call home. A five-bedroom penthouse with panoramic views of the seafront that is bright and open.

These apartments are in the heart of Marina Promenade, with easy access to Sheikh Zayed Road and integrated transportation systems.

06 Mins – Sheikh Zayed Road
12 Mins – Dubai Media City
20 Mins – DIFC
20 Mins – Burj Khalifa
25 Mins – Dubai International Airport

4. Elie Saab VIE at Meydan City by G & Co

This is one of ELLE SAAB’s most prestigious projects, combining contemporary architecture and a beautiful community setting to bring these spaces to life. A lifestyle of eloquence and pampering comfort defines life with residents of ELIE SAAB VIE at The Fields. A luxurious selection of 4 bedroom townhouses is available to residents at this new development. The best of Dubai is all in one place, complete with amenities and activities that ensure smooth transitions between work, life, and play.

Located within walking distance of iconic retail, entertainment, and educational landmarks, VIE by ELLE SAAB is well situated at The Fields in Dubai, as well as major highways. Families can enjoy a peaceful and relaxing lifestyle in the new residential estate, just minutes from the city center. Downtown, Dubai is just two songs away.

10 Mins – Sheikh Zayed Road
12 Mins – District One Crystal Lagoon
15 Mins – Downtown Dubai
20 Mins – Mall of The Emirates
20 Mins – International Airport

5. Lime Gardens Dubai Hills Estate by Emaar Properties

A Community connected in nature , Welcome to Lime Gardens by Emaar. A luxurious collection of 1, 2, 3 apartments and duplexes. Immerse yourself in an urban lifestyle that is deeply rooted in Dubai’s lush nature. Your sublime home in Dubai Hills Estate is ironically modern, yet connected to nature, accompanied by an incredible blend of thriving greeneries open areas, world-class facilities, recreation centers, and entertainment experiences.

Lime Garden is perfectly located in the heart of a thriving and well-balanced community, close to all amenities.

12 Mins – Downtown Dubai
15 Mins – Dubai Marina
20 Mins – Dubai Int’l airport
25 Mins – Al Maktoum Int’l airport

6. Address Beachfront by Emaar Properties

Address Residences The Bay. Located in Emaar Beachfront, choose from 1 – 3 bedroom apartments & penthouses with fantastic interiors and views of the Arabian Gulf & Dubai Marina. This amazing new project offers you apartments, penthouses and townhouses. Homes with the Address level of luxury and interiors that are beautifully crafted with absolute finesse.

Address Residences The Bay is nestled within the gated community of Emaar Beachfront. Located minutes away from Dubai Marina, Palm Jumeirah, and Bluewaters, Emaar Beachfront serves the perfect views of the Arabian Gulf and Dubai Marina.

Directly connected with Al Sufouh Road
5 minutes to Dubai Marina & Palm
8 minutes to Mall of The Emirates
15 minutes to Burj Khalifa & Dubai Mall
25 minutes to Dubai Intl. Airport

7. Cavalli Tower by Damac Properties

The world’s first ever Cavalli-branded tower which is now in Dubai! Come home to an ultra-luxury apartment in Dubai Marina with uninterrupted views of the beach, Palm, Burj Al Arab, and the Dubai skyline. Standing tall with 70 floors, this architectural beauty offers you a choice of high-end 1, 2, 3, BR luxury apartments & duplexes & 5 BR duplex sky villas. All of these homes offer more than just a spcaious place to live. At Cavalli Tower, you come home to private pools, beach pools, sky gardens and hydroponic walls.

Cavalli Tower is located in Dubai Marina, near Al Sufouh. It is bordering the Dubai Media City and Dubai Internet City. It is easily accessible from Sheikh Zayed Road as well as Jumeirah Road.

07 mins – Dubai Marina Mall
09 mins – Palm Jumeirah
10 mins – JBR
10 mins – Mall of Emirates
18 mins – Downtown Dubai, Burj Khalifa
22 mins – Dubai International Airport

8. Costa Brava – Damac Lagoons by Damac Properties

Costa Brava is the most recent Damac launch at Lagoons. This is the second phase of Lagoons, which features a magnificent lifestyle. Choose from beautifully constructed 3- 5 bedroom townhouses & 5-6 BR villas starting at AED 1.53 million.

Damac Lagoons is located between two major roads, Emirates Road (E611) and Sheikh Mohammed Bin Zayed Road (E311). Accessibility is immediate to the rest of the city, and its location in Damac Hills provides access to the community’s many facilities.

24 min – Al Maktoum Intl. Airport
25 min – The Palm Jumeirah
30 min – Dubai Mall & Burj Khalifa
35 min – Dubai Intl. Airport

9. Creek Beach Lotus by Emaar Properties

Introducing Lotus at Creek Beach. Nestled in Dubai Creek Harbour, Lotus offers you a choice of the best 1 – 3 bedroom apartments with views of the waters as well as the city skyline. These homes are located in a popular family friendly community that has everything you need right at your doorstep.

Lotus is situated in Creek Beach within Dubai Creek Harbour. Easily accessible, Dubai Creek Harbour is nestled just minutes away. The six-square-kilometer Dubai Creek Harbour occupies the ideal Dubai location. Off the shores of Dubai Creek is the Ras Al Khor wildlife sanctuary, one of the protected urban areas in the world.

12 mins – Downtown Dubai
14 mins – DIFC | Dubai International Airport | Jumeirah
24 mins – Dubai Marina
26 mins – Palm Jumeirah

10. Emaar Creek Crescent at Creek Island, Dubai Creek Harbour

Come home to sophisticated urban living. Creek Crescent embraces the inspiring fantasy of high-end waterfront living, complete with the elegance of urban cool, astounding design flair, and unrivaled levels of finish. These 1,2,3 BR Apartments offer stunning views of Creek Island. The Creek Crescent community benefits from a fully-integrated transportation system so you can connect to the area with ease.

There is no better place to stay than on Creek Island, which is a part of Dubai Creek Harbour. The proximity to Creek Marina and Central Park makes Creek Crescents an ideal location for getting around Dubai.

10 Mins – Burj Khalifa
15 Mins – Dubai International Airpot
40 Mins – Al Maktoum International Airport
05 Mins – Ras Al Khor wildlife sanctuary

To summarize,

Off-plan provides various advantages for both the seller and the buyer. Buyers can benefit from cheaper house costs and borrowing rates, as well as a guarantee of the same quality as new construction. Sellers can profit from an early exit strategy – receiving monies from purchasers prior to completion – as well as a larger pool of investors interested in their venture. The key to a successful off-plan buy is to have a solid exit strategy in place for your investment.