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Those were every one of the reasons behind Dubai's off-plan venture. Confirm out this manual for purchasing off-plan properties in Dubai for a superior thought of the cycle.
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5 REASONS TO INVEST IN OFF-PLAN PROPERTY IN DUBAI INCH & BRICK REALTY , REAL ESTATE DUBAI www.reallygreatsite.com
Introduction to Dubai real estate market • Dubai is a paradise for those who want to spend their hard-earned money in the real estate sector. • Thanks to the opening of condominiums to foreigners in 2002, the Dubai real estate market has attracted a lot of interest from local and international buyers. • Would you like to join their ranks? Here are five reasons to invest in Dubai real estate outside of construction planning.
REASONS FOR DUBAI OFF-PLAN REAL ESTATE INVESTMENT FOR BUYER PROTECTION LAWS IN DUBAI 01 04 LOWER PRICES AND FLEXIBLE PAYMENT PLANS 02 05 WIDE RANGE OF OFF-PLAN PROJECTS IN DUBAI CAPITAL GAINS 03 OFF-PLAN PROPERTY INVESTMENT OFFERS HIGH RENTAL YIELDS
LOWER PRICES AND FLEXIBLE PAYMENT PLANS • One of the most obvious benefits of investing in off-plan properties in Dubai real estate is that these unbuilt projects are offered at significantly lower prices. • Attractive offers and feasible payment plans make investing in off-plan properties a little more affordable • lower prices and greater financial flexibility that off-plan properties in Dubaioffers. • With numerous projects being announced every month • price and lucrative payment schemes, such as 50% upfront and 50% on completion or '1% per month' payment plans. • Some of these go well beyond 40% after handover, giving buyers of off-plan properties a big advantage.
OFF-PLAN PROPERTY INVESTMENT OFFERS HIGH RENTAL YIELDS • Rental income is one of the key drivers for property investment in the UAE. • Trend showing no signs of slowing down • As per Dubai sales market report, the top off-plan villa and apartment developments include Alaya and Equiti Residence.
CAPITAL GAINS • extremely promising in terms of return on investment (ROI). • The value of a property is likely to increase once it is completed, regardless of the “purchase price before construction. • you could see an increase in the market value of your property and expect significant capital gains if you decide to sell before or after completion. • The location and popularity of the neighbourhood play a role in increasing the market value of a property. • the neighbourhood is still in the development stage at the time you purchase your off-plan property, . • You can sell off-plan property in Dubaiif you know
FOR BUYER PROTECTION LAWS IN DUBAI • numerous measures are taken by RERA (Real Estate Regulatory Authority) and Dubai Land Department (DLD) in the UAE to grant buyers added protection against delays, cancellations or fraud. • buyers must make payments for off-plan property purchases at DLD-approved banks. • Developers will only be permitted to access funds until the project has reached a certain completion stage. • Another law stipulates that developers must provide 20% of construction funds as a bank guarantee and the contractor’s 10% guarantee performance bond. • The most common issue facing while buying off-plan property in Dubai is a potential delay in delivery. • Here are some laws to deal with a delayed handover of off-plan property in Dubai.
WIDE RANGE OF OFF-PLAN PROJECTS IN DUBAI • Buyers have an even larger variety today — from Downtown Dubai to newer communities like The Valley and Dubai Hills Estate. • Wondering where to invest in off-plan real estate in Dubai? • Take a look at some of the most popular off-plan projects in Dubai.
THINGS TO KNOW BEFORE YOU BUY OFF-PLAN PROPERTY IN DUBAI • MANAGE FLUCTUATIONS • PREPARE FOR DELAYS • MANAGE EXPECTATIONS • Anything can happen between when you purchase the property and receive the keys. \ • Be mindful of real estate market trends and make an informed decision when investing in off-plan properties in Dubai. • You may buy an off-plan property in Dubai based on brochures, a show-house and some floor plans. • Please research the developer you plan to buy from and check out some of their other ready properties to understand what the finished product will look like. • This issue impacts off-plan property buyers and can be a hindrance, especially for those renting and planning to move into their new home. • A contingency plan to accommodate delays is good, so you’re not caught off-guard.
BENEFITS OF BUYING OFF-PLAN PROPERTY IN DUBAI: • Lower prices in comparison to ready construction • Higher capital appreciation as the property reaches completion • Attractive and flexible payment schemes • Lower upfront costs
WHAT ARE THE MAIN REASONS FOR DUBAI OFF-PLAN PROPERTY INVESTMENT? • The essential explanation is that you can get an extraordinary profit from your interest over the long haul. In addition, adaptable plans mean you don't need to pay the whole sum forthright. • Those were every one of the reasons behind Dubai's off-plan venture. Confirm out this manual for purchasing off-plan properties in Dubaifor a superior thought of the cycle.
CHOOSING THE RIGHT REAL ESTATE • You got all the information about Off-Plan properties in Dubai. Now choosing the best property according to your choices and preferences is your main motive, So Inch & Brick Realty is here to help you with all your queries about theoff-plan properties in Dubai. We are a team of experienced professionals who work according to the client’s demand and help them throughout the investment journey.
971547614449 THANK YOU! Inchbrick Realty, Office 1303,1302 13th floor, Burlington Tower Business Bay, Dubai, United Arab Emirates https://inchbrick.com/ info@inchbrick.com