Dubai Off Plan Property 

Dubai Property:

When the Dubai property market initially took off with regards to foreign real estate investment, all property purchases were in the form off plan property. With the introduction of special freehold areas, built especially to give foreigners the opportunity of purchasing a home in Dubai, the government was effectively creating demand for a market that didn’t physically exist. The Dubai off plan property for sale was yet to have been constructed, and therefore buyer's property purchases were all in the form of off plan property. In the earlier days of the market, once it had been widely established that buying off plan freehold property was a sound purchase, it become clear to investors that off plan property presented a great short and long term investment route. If you are looking to buy Dubai off plan property we have a great selection of apartments, villas, offices and commercial units available.

In the past Investors would cue for hours in order to purchase as many units as possible direct from the developer, being generally very confident of been able to make a good profit on the off plan property units. Dubai off plan property was overall a huge success, and those happy to pay out money for what was effectively promised building plans did exceptionally well from it. However today's off plan property market is not so straight forward, and cannot been seen as the almost certain route to an automatic profit that it once was.

In today's Dubai real estate market, buyers can now select from a wide selection of completed freehold property developments, with off plan freehold Dubai property no longer the only option, although it does still remain a popular choice amongst buyers when purchasing a new property. Dubai off plan property still retains some of its original benefits, but also now with reduced risk compared to those who bought off plan property right at the beginning of the property boom, due to a clear and well established legal framework now in place, as well as developers having proved their worth having actually finished construction on projects.

However despite this, Dubai off plan property still needs to be carefully selected both in terms of development location, facilities on offer, and developer reputation. Location location location will always be a decisive factor when purchasing property, and with Dubai off plan freehold property this is certainly no different. The difference in price between similar sized properties in certain areas in Dubai is becoming increasingly evident, and will therefore play a large role in the selection of off plan property purchases. With villas at developments such as the Emaar's The Meadows becoming increasing scarce on the secondary property market, off plan property sales for new phases in such already up and running property developments are attracting enormous amounts of buyer attention, with investors recently queuing up in the early hours of the morning waiting for the opportunity to purchase villas at the Lakes and Arabian Ranches that are yet to finish construction.

Off plan property from the likes of Nakheel and Emaar will always be popular; as such developers have proven their worth through countless freehold real estate developments, but not just in Dubai, but around the world. Therefore when buying off plan property from Nakheel, Emaar, Damac and other developers, buyers can rest assured of high building quality both internally and externally, as well as purchasing in a well constructed and designed development.

When purchasing off plan property in Dubai for its investment potential, one must look and seek out potential upcoming areas that have yet to fully attract the interest of the bulk of other property investors. By purchasing in such areas, one will be able to obtain property at lower prices from developers, and therefore profit when the area comes to greater prominence. The likes of Dubailand and in particular Dubai Sport City looks to hold great potential long terms investment returns, but buyers must be selective as the exact location and type of their off plan properties with properties coming with views always likely to attract larger prices once complete.

So Dubai off plan property still clearly does have a place despite competing against already completed secondary market property. If one purchases carefully in one of select few developments, it can still be possible to make a profit on your purchase that whilst not at the same level as 5 years ago, still offers enough to make it worthy of consideration with Dubai freehold property buyers.    

Sell Dubai Property:

We are actively looking for landlords and owners who wish to sell their Dubai Real Estate quick and easy for the best premiums. If you have a villa or an apartment that you would like us to offer to our investors please do email is now and we will get you the best price on the market with cash buyers!

Buy Dubai Property:

Our expert team of agents will guide you through the whole buying process of Dubai Property and take all the stress away from you. Whatever you budget we have something that suits your needs from studios right through to luxury villas.

For the best deals of any kind of freehold property in the Dubai Property market, get in touch with the experts and contact us now for details on Dubai Sports City, Business Bay, Dubai Cultural Village, Jumeirah Village, Jumeirah Lake Towers, Dubai Lagoons, Dubai Marina, Dubai Silicone Oasis, International City, IMPZ, TECOM and The Palms.

 

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