1. Great Deals and Plenty of Choices
When it comes to properties still in development, you'll often find competitive pricing. Developers in Dubai are always trying to outdo each other with lower prices and attractive payment plans. Depending on factors like location, property type, quality, and market demand, you could save anywhere from 10% to 60% compared to secondary market properties. Plus, the flexibility on the payment plans.
2. Taking Advantage of Property Value Growth
Investing in off-plan real estate means seizing opportunities for growth. Property values naturally increase due to factors like construction progress, market demand, economic growth, and area development. Plus, you can sell off properties before completion, avoiding long-term commitments.
3. Investor Protections
Dubai's real estate market is closely regulated by DLD (Dubai Land Department) and RERA (Real Estate Regulatory Agency), ensuring protections for buyers of under-construction properties. These safeguards cover everything from compensation for project cancellations to protection against construction delays and fraud prevention.