FAQs When Buying Off-Plan Property in Dubai

 Whether you just moved to Dubai or it’s your first time buying an off plan property for sale in Dubai, finding the property best suitable to your needs can be challenging. Aside from difficulties in finding a property, the lack of familiarity with the legal processes and requirements might lead to delays in acquiring an off-plan property.

While you can hire a professional to help you find a property and process the requirements for buying a 1 bedroom apartment for sale in Dubai, it will be beneficial to familiarize yourself with some of the guidelines and common concerns in purchasing properties.

Here are some of the frequently asked questions when buying off-plan properties in Dubai:

What is an off-plan property?

An off-plan property is an unfinished property that investors can buy directly from property developers. It can be a commercial or residential building that is currently under construction, or the works have just begun. Instead of on-site visits, potential buyers of such properties can only rely on the information on the brochures and marketing materials provided by the developer.

Is an off-plan property a good investment?

In most cases, buying a property for sale in Dubai — including off-plan properties— is a good investment since rentals are high, and buying a property that you can put on the market in the future is a better choice. Since Dubai has become a popular business hub and tourist destination, its real estate market has matured, and several budget-friendly housing projects and commercial spaces were launched in past years.

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