Off-Plan vs. Ready Properties
Off-plan transactions continue to slightly outweigh ready property transactions, making for 55% of all property sales.
Plot transactions not considered
The appeal of off-plan properties remains strong for both investors and homebuyers, driven by several key factors. One major advantage is the potential for capital appreciation as the property is developed and completed. Off-plan buyers often secure these properties at a lower cost compared to ready properties, allowing them to benefit from potential price increases during the construction period.
Developers play a crucial role in enticing buyers to opt for off-plan investments by offering attractive payment plans. These flexible payment structures enable investors to spread out their payments, easing the financial burden and making luxury properties more accessible. The allure of owning a lavish villa or high-end apartment has significantly increased with developers designing exclusive communities that cater to discerning tastes.
For a more detailed analysis, head over to our Q2 2023 Dubai real estate market report. Explore the latest trends, price changes, and valuable insights to make informed decisions for your property investments.