Buying off-plan is one of the best ways to invest in your future. There are many advantages, including amazing payment plans and lower prices. The right project can be difficult for someone who is not sure what he or she want. However, we have got you covered with our list below featuring some awesome projects. That will give massive returns on investment as well as be able to cater to any need or preference imaginable. However, before we start, I am writing a concise introduction to off-plan properties in Dubai. Let us get started:
Off-Plan Properties in Dubai
In Dubai, an off-the-plan property is an undeveloped or unfinished property that is often purchased straight from a developer or, in some situations, the former owner. If you are purchasing directly from a builder, you will be required to pay a 10% to 20% down payment & sign a Sale/Purchase Contract. The prospect of purchasing a piece of land that has yet to be built can be intimidating for some people. However, we do, provide you with all of the information required to make an informed decision about whether or not to invest in off-plan developments, which can give higher returns than completed apartments.
Best Areas for Off-Plan Investment in Dubai
Look no farther than this list if you are looking to invest in an off-plan property in Dubai. We have accumulated an incredible assortment of off-plan properties that extend from Dubailand to Jumeirah Village Triangle, to Business Bay to Arjan, and beyond. We are known for creating some of the most opulent, sustainable, and iconic properties in Dubai. Here is a list of the most demanded off-plan properties in Dubai:
1. Downtown Dubai
Downtown Dubai has long been recognized for its homes with breathtaking glimpses of the Burj Khalifa or even the Dubai Fountains, making it one of Dubai’s most iconic locations. This area, master-planned by EMAAR, is instantly recognizable to people all over the world. The area is popular among people looking to buy apartments because of its excellent location, recreational opportunities, and premium lifestyle. The forthcoming Downtown Views II tower is attracting a lot of attention from investors who are looking for Dubai off-plan homes. Apartments at Downtown start at AED 1.1 million.
2. DAMAC Hills 2
DAMAC Hills 2, formerly referred to as Akoya Oxygen, is a luxury villa complex built with the environment in mind. The project consists of 20 sub-communities that provide expats with a golf-course lifestyle at a reasonable price, with lush green meadows, crystalline blue lakes, plus extensive golf courses for a “really green” lifestyle.
The DAMAC Hills 2 complexes have roughly 1,200 apartments & 10,000 villas, with floor plans available in 2D and 3D. The neighborhood has gyms, parks, a supermarket, and restaurants, and it is connected to four main motorways, giving inhabitants convenient access to Dubai’s downtown region. AED 1.9 Million is the starting price.
3. Dubai South
Dubai South is among the most ambitious off-plan developments in the real estate market, covering approximately 145 square kilometers. Around the new Al Maktoum International Airport, Dubai South is separated into six distinct districts. With commercial and residential properties, this master-planned development is a fully integrated metropolis in and of itself. EMAAR South offers some of the greatest off-plan apartments, villas, & townhouses for sale in Dubai South for investors looking to acquire off-plan homes. Apartments in EMAAR South begin at AED 620k. Investments are expected prices to begin at AED 800k for EMAAR South villas.
4. Jumeirah Village Circle (JVC)
With an accessible price and state-of-the-art amenities, Jumeirah Village Circle JVC, is destined to become one of the city’s most sought-after locations in just a few years. Investors can currently examine many off-plan projects in the community, including a robust portfolio of the studio, 1, 2, 3, and 4br apartments in JVC. The project features a spectacular range of studio, one, two, and three-bedroom apartments, with various prices from AED 380k to AED 1.8M.
5. Arabian Ranches 3
The luxury Arabian Ranches 3 neighborhood offers a family-friendly atmosphere with amenities that make homeowners’ lives easier and more enjoyable. The majority of the homes in Arabian Ranches 3 are villas and townhouses intended for modern living. While the majority of this complex is still under construction, the Ruba sub-community has piqued the interest of investors who are seeking Dubai off-plan houses. This off-plan project features 3- and 4-bedroom villas and townhouses. Off-plan villas for sale in Ruba start at AED 1.3 Million.
6. Mohammed Bin Rashid (MBR) City
Mohammed Bin Rashid City, another addition on the list of Dubai’s most eagerly awaited communities for off-plan property purchases, offers a diverse range of trendy apartments and upmarket villas.
Investors wanting to purchase luxury off-plan homes and flats in Dubai expressed the greatest interest in properties in District 7 in 2020. Villas’s off-plan in District 7 starts at AED 1.6 million. The prices of flats for sale in District 7 start at AED 350k for purchasers wishing to buy off-plan apartments in Dubai. Investors interested in the area have a number of payment options to choose from.
7. Palm Jumeirah
Palm Jumeirah, Dubai’s famed island development, has some of the best off-plan apartments. This man-made paradise is known for its luxury beachfront properties for sale & rent. Palm Jumeirah is a famous tourist destination since it has some of the most magnificent recreational alternatives.
Amazing hotels with premium leisure amenities can be found on Palm Jumeirah. The island of Palm Jumeirah is connected to the mainland by public transit, and the abundance of excellent facilities makes it a popular choice for home purchasers. Living in Palm Jumeirah has its advantages and disadvantages, but this exclusive island estate in Dubai still has a lot more to offer its residents. Apartments on the Palm Jumeirah start at AED 1.4 million.
8. Business Bay
Professionals are interested in buying off-plan apartments in Business Bay, which is the city’s commercial centre. The cosmopolitan cities like Manhattan and London have lifestyles akin to Business Bay. Aside from that, due to the variety of eateries in Business Bay, this neighborhood is also a popular lifestyle destination. It is also a popular residential location because it has everything you need, including gyms, pharmacies, spas, and other services. The Zada Residence is the most wanted off-plan neighborhood in this area. Zada Residence flats start at AED 600,000 for investors. With a 25% advance down payment, Zada Residences offers a 5-year monthly instalment payment plan.