There are two key objectives to consider when purchasing a property – high rental returns and capital growth. Both can be achieved when investing in an off-property plan.

Purchasing off-plan property in Dubai enables landlords to secure luxury, a good location, and the chance to negotiate the price before the property is built or while it’s under construction. Investing in off-plan property comes with its own benefits as opposed to purchasing second-hand or property after completion.

Purchasing off-plan has many advantages – here we’ll look at four of the main ones:

Off-Plan Property Investment Explained

Off-plan properties are described as structures that are still under construction yet ready to be purchased. They are usually marketed towards real estate developers and early adopters.

Buyers looking to lease, invest in, or sell their newly acquired property are advised to go for off-plan estates. However, they are not only exclusive to investors, as those looking for residential properties with affordable prices can also consider buying an off-plan unit.

The Benefits of Off-Plan Property

A Cheaper Way to Buy.

Off-plan properties are generally cheapersince you are buying at current market value. These units often come with attractive offers and achievable payment plans because developers look for sales before the completion of the property.

If you purchase multiple properties at a time, some developers offer an additional discount to sell a property quickly and secure sales.

Ability to Re-Sell at a Profit Before Completion

Since its value will increase upon completion, you will make good profit when buying an off-plan apartment, then selling it as a ready unit. Buying a unit that is still under construction in a popular, sought-after neighborhood will most probably help you sell it with great capital gains as its market value will increase.

More Time to Save and Plan.

Buying an apartment that is still under construction also buys you extra time to plan your next business move and save for payments.

The UAE’s economy is rapidly growing, and Dubai has undeniably become a global hub for real estate investors, wherein the city offers an array of significant investment opportunities, especially in the real estate sector.

Ability to Build the Interior of Yourhome.

Can’t find the perfect apartment? Investing in an off-plan project gives you the chance to choose and customize the interior of the house. This includes the kitchen, walls, or even the floor with the help of the project’s architect.

This way, you’ll invest in a house that fits your taste, needs, and budget. Think about it.

Off-Plan Projects in the Uae

UAE’s real estate industry is on the rise this year after its fall out in 2020 due to the pandemic. Many development companies are currently working on different projects, so it’s your chance to get your off-plan property today.

Azizi Developments, for example, hasspecial offers on service, DLD fee waivers, and appealing payment plans. Since its establishment in 2007, Azizi Developments became extremely popular across the region for its lavish, luxurious projects. Today, you can rely on them when purchasing real estate in the UAE.