New Offplan Projects in Dubai

Off-plan property is a property or development that is fully planed, registered in the Dubai Land Department, and has an escrow bank account. It is sold with a payment plan which might involve post-handover payments to maximize the ROI. Off-plan property could be a villa, apartment, or townhouse sold by an investor (a.k.a secondary market) or a property developer such as Meraas, Damac, Dubai Holding, Ellington, and Sobha (a.k.a primary market) . You can buy an off-plan property during the planning or construction phase. Usually, investors prefer to buy off-plan projects due to the flexible payment plan and hoping for a capital appreciation and high ROI after the handover. You can click here to download a free e-book explaining the top tips for buying off-plan and avoid major pitfalls.