Off Plan Properties Dubai

Off-plan is a property that has yet to be built. While investing in off-plan may not seem like the obvious choice, it is the most effective solution for buyers, as you can gain bigger yields from off-plan properties than completed units.

Why Choose Binayah?

If you want to invest in your first home, off-plan properties in Dubai is more affordable. Binayah Real Estate is one Dubai’s leading real estate companies that also have offices in the international market including London and Muscat. We have the relevant market expertise as an established real estate company to find you the perfect off-plan property to suit your lifestyle and budget.

Off-plan properties are often offered at considerably lower costs than completed units. Buyers can purchase off-plan properties at attractive rates and payment plans. You will be able to secure a property at a significant discount. It is an obvious perk of projects that are still under construction. Buyers are entitled to feasible payment plans and have the advantage of choosing high quality off-plan developments. Whether you are a first-time buyer or seasoned investor, you will benefit greatly from these inexpensive plans.

Affordable Plans – High Gains

Dubai has a strong economy that keeps making gains every day. The real estate market promises high yields on return on investment. Despite the off-plan property status, the value of property will increase as soon as it is completed. So while you are paying in affordable terms, you will see the value of your property rise in the market, and make noteworthy capital gain.

Attractive Rental Income

Rental income has made significant inroads in the real estate market in Dubai. With expats 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 Palm Jumeirah, Downtown Dubai, Jumeirah Village Triangle, Dubai Creek Harbour, Silicon Oasis and Business Bay to name a few. Binayah Real Estate has direct ties to major property developers in Dubai namely, Emaar, Damac, Nakheel, Dubai Properties, Meydan Group, Meraas 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

How do they work?

To hedge financial risk and debts, the developers of many projects will sell units off-plan. They will sell units off plan because they believe that if a buyer cannot see a completed physical property at the beginning, the price demanded will be lower, while reliance will be kept purely on the reputation of the developer, the location of the property, the artistic impressions and simulations to base their decision to purchase on.

In addition to the excellent off plan prices which you receive, some highly efficient and beneficial financing structures are often in place. It is often, that you only need to pay around 20-40% of the purchase price in the form of a deposit, while the can be paid upon completion. This can often be financed by a mortgage if necessary.

If you make the decision to invest in an off plan property, you will need to fine tune your strategy to achieve the desired returns on your investment which you expect to receive. Binayah Real Estate will help you choose the most appropriate investment strategy and also assist you in finding the property that is best suited to your investment needs.

How to Maximize Profit?

The Process of Price Increase.


1. Purchasing early

Prices never remain low for long, and as a property’s construction process begins, its price begins to rise as well. In the Real Estate market, one of the best times to purchase a property is during the earliest stages of development when prices are extremely competitive, but are already beginning to rise, because it is the earliest investors who get to experience the highest returns.

2. Purchasing the best units


Purchasing early also allows investors to choose the most wanted and valuable properties on any given development. The best units are the ones that offer the highest capital appreciation in the smallest amount of time and can demand the greatest rental incomes.

3. Price increases as

development matures
As the project reaches its construction phase, the value of the units begins to increase. And when a completed show home is available for viewing, buyers often feel like they are taking less of a risk as they now do not need to rely entirely on simulations and plans.

4. Price appreciates as more units sell


As the number of units that are sold increases, the prices of the remaining units rise as well. Units are also sold faster, when buyers are able to physically see them. Often a times, there is a phase payment structure in place which mirrors the increasing value of the properties. To an early buyer or investor, this means that should you decide to sell your property, it will amount to a lot more now and reap higher returns, than when you made your initial purchase and paid the deposit.

Investors should choose and decide very carefully while purchasing an off plan property, making sure that the location of the property reflects a quick resale value and has a high rental demand for their buy to let option. For off plan investments, even in the worst case scenarios, if the property cannot be sold upon completion, the final balance which is due can sometimes be financed by banks within the UAE as the project nears its completion. Furthermore, the rental income earned, can be used to pay off the finance of the loan as well as increase eventual returns on investment.

Off Plan Real Estate Investments Benefits

These are the benefits that off plan real estate investments have to offer

Buying an Off plan property allows investors to get a purchase price at the earliest and lowest possible price, while increasing the chances of gaining the maximum return on their investments.

Certain investors sell off their off plan property contracts prior to a projects completion, and this maneuver allows them to cash in on capital growth while avoiding all the costs of actually owning a property.

Holding an off plan property for a number of years, gives investors the chance to receive excellent rental yield income, that often allows them to cover monthly loan repayments. During this time frame, they can also enjoy a holiday home, while they watch the value of their property skyrocket at a steady pace.
How does it work?

To hedge financial risk and debts, the developers of many projects will sell units off-plan. They will sell units off plan because they believe that if a buyer cannot see a completed physical property at the beginning, the price demanded will be lower, while reliance will be kept purely on the reputation of the developer, the location of the property, the artistic impressions and simulations to base their decision to purchase on.

In addition to the excellent off plan prices which you receive, some highly efficient and beneficial financing structures are often in place. It is often, that you only need to pay around 20-40% of the purchase price in the form of a deposit, while the can be paid upon completion. This can often be financed by a mortgage if necessary.

If you make the decision to invest in an off plan property, you will need to fine tune your strategy to achieve the desired returns on your investment which you expect to receive. Binayah Real Estate will help you choose the most appropriate investment strategy and also assist you in finding the property that is best suited to your investment needs. 

0 Property
Sort by:

No listing found.

Compare listings

Compare
Search
Price Range From To