How much is an off plan property deposit/down payment in Dubai?
An off-plan property is an unbuilt property bought directly from a developer or a first owner in some instances. In the event that the buyer buys directly from the developer at the time of purchase, the buyer normally pays a down payment of 10-20 percent and signs SPA (Sales Purchase Agreement). The long settlement then gives you some breathing space for the rest of your finances to come up with.
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