The UAE’s real estate is becoming attractive to a growing number of investors every year. The off-plan market is considered to be particularly lucrative, as investors can count on either a significant return from reselling an off-plan residence at later construction stages or a higher rental income. Now, when the country has confidently recovered after an economic downturn caused by the coronavirus pandemic, the market features numerous interesting offerings from developers once again. We have listed the TOP 10 new off-plan residential projects in Dubai for you to view and choose the option that meets your needs best. Contents: TOP 10 new residential developments in Dubai Cavalli Estates DAMAC Lagoons Damac Safa One Creek Beach Orchid Elite Downtown Residence Sobha Crest...
The Dubai real estate market offers a wide range of options. A potential investor faces the choice of purchasing completed housing or apartments in a building under construction. This post will review the situation of off-plan and pre-launch homes in Dubai, as well as the pros and cons of investing in off-plan projects. Contents: What is off-plan and pre-launch property? Pros and cons of off-plan investment Examples of off-plan and pre-launch investments Impact of the crisis on off-plan investment Real estate in Dubai: off-plan or completed housing Start looking for your dream home now! What is off-plan and pre-launch property? In the UAE, off-plan property means purchasing real estate during the construction phase, before facility commissioning. In this case, the value of...
In 2002, the Emirates allowed foreigners to purchase and own real estate. 20 years later, we can safely say that the demand for local investment assets is growing every year. The Dubai market is extremely inviting for potential investors due to the growing economy, the stable political system, and the high return on investment in real estate. Dubai is the best choice for people who wish to make a successful investment. Specifically, new off-plan residential developments in Dubai are extremely popular among buyers. This post discusses why it makes sense to purchase off-plan property in Dubai and what the risks of purchasing off-plan property are. Contents: Pitfalls of purchasing off-plan Schedule overruns Expectation vs. reality Market fluctuations How to mitigate the risks of...