Off-plan properties have seen a rapid increase in popularity in recent years. But what exactly is an off-plan property and what are the pros and cons?
Off-Plan property is a property before a structure (such as a house or a residential complex) has been constructed on it.
An off-plan contract is called a Sales Purchase Agreement (SPA). In this document the following details (among others) are present:
When you buy a house off-plan, it means that the building has not yet been completed at the moment of the purchase, or the construction hasn’t even begun. Often these properties are bought directly from the developer and in most cases, buyers will have to pay a 10-20% downpayment while also having to sign a Sales Purchase Agreement (SPA). The remaining payments depend on the agreement with the developer.
Off-plan properties in Dubai are all properties that you can buy before construction or when under construction. At Korter you can simply use the off-plan filter and you have access to the current supply of off-plan properties in Dubai.
Umm Suqueim | from 1 465 د.إ / ft2 |
Dubai Harbour | from 2 235 د.إ / ft2 |
Al Sufouh | from 2 544 د.إ / ft2 |
Palm Jumeirah | from 3 164 د.إ / ft2 |
Dubai Media City | from 1 968 د.إ / ft2 |
Emirates Living | from 1 968 د.إ / ft2 |
The World Islands | from 3 717 د.إ / ft2 |
Al Barsha | from 1 013 د.إ / ft2 |
Jumeirah Bay Island | from 3 046 د.إ / ft2 |
Dubai Marina | from 1 890 د.إ / ft2 |
Jumeirah Beach Residence | from 2 323 د.إ / ft2 |
Jumeirah | from 2 292 د.إ / ft2 |
Dubai Hills Estate | from 1 370 د.إ / ft2 |
Al Wasl | from 1 095 د.إ / ft2 |
Jumeirah Lakes Towers | from 1 213 د.إ / ft2 |
Bluewaters Island | from 1 810 د.إ / ft2 |
Business Bay | from 1 699 د.إ / ft2 |
Dubai Opera District Downtown | from 2 681 د.إ / ft2 |
Old Town | from 1 799 د.إ / ft2 |
Downtown Dubai | from 2 331 د.إ / ft2 |
Sharjah | from 719 د.إ / ft2 |
Ajman | from 502 د.إ / ft2 |
Ras Al Khaimah | from 444 د.إ / ft2 |
Fujairah | from 1 203 د.إ / ft2 |
Abu Dhabi | from 1 164 د.إ / ft2 |