With the population of 3.64 million as of 2023 (an increase of 140,000 since 2022), Dubai continues to witness an ever-growing demand for Housing. Home to one of the world’s highest percentage of expatriates in any geography, they represent 90% of the population here.
The rental yields and tax-free returns in Dubai despite being the highest across various global markets, it is always the Capital Appreciation in the long run that outperforms any other returns when it comes to investing in Off-Plan properties in Dubai Real Estate.
With the advancement of AI, the renders and brochure of almost every other project looks better than the previous one. As a savvy investor, some of the key factors that one should always consider before investing into any off-plan project are:
- Location plays the key role in determining the potential returns and the estimated exit timelines
- Build an established and a credible developer with a proven track record is always the best bet even though they might command a premium
- Infrastructural Growth in the vicinity will always boost the macro factors which contributes to the overall success of a project
- Price per Square Feet one should be aware of the current price trends in off plan & secondary in an area before taking an informed decision on the potential appreciation that can be expected.
- Payment Plan in Real Estate being the only asset class where one can leverage, whether on mortgage or Payment Plan, well phased out Payment terms always ensure high ROE
High Demand for Off-Plan properties is anticipated to continue strong for prime locations and upcoming master communities.
Sea Side properties, Locations in close proximity to City Centre, Dubai South are few of the areas that any investor planning to invest now, must take into account.
Reach out to our team of off-plan experts for detailed consultation on new projects currently on offer and coming up in the market, backed up by Data and Market statistics; so that you can make that unbiased decision.