What does off-plan property mean in Dubai?

Off-plan property in Dubai is bought before the construction of the property is complete. The Dubai Land Department has to give approval to the builder for the construction project. Then the developer will open an escrow account for the buyers. Buyers pay for the property in instalments and the building takes three to five years to construct and be ready for sale.

Can you sell an off-plan property in Dubai before completion?

Yes. The buyer has to pay a minimum amount of money as set by the developer prior to buying the off-plan property. This initial payment is usually between 30 and 40% of the total price of the property.

What is the process of buying off-plan property in Dubai?

First, an experienced real estate agent will show you the available properties and help you to choose a project that will suit you best. You will have to pay a booking amount, a down payment, and Dubai Land Department (DLD) and administrative fees to the developer. You will then sign a Sales and Purchase Agreement (SPA). Developers may set their payment plans when selling off-plan properties.

How do off-plan payment plans work in Dubai?

The first payment will be between 10 and 20% of the property price. This payment also includes 4% for DLD and administrative fees. Depending on the developer, some ask for a 1% payment every month for their properties until construction is complete. Others will require the buyer to pay instalments linked to the construction stages. Some developers set their payment plans to include more of the property price to be paid upon delivery of the property.

What is a post-handover payment plan in Dubai?

Buyers pay part of the purchase price of the property while it is being constructed. The remaining balance will be paid over several years after the property is handed over and ready to move into.

What is the difference between off-plan and ready property in Dubai?

Off-plan properties have flexible payment plans and are available at a lower price point with great potential for the property to appreciate in value. Ready properties, on the other hand, can be occupied or rented out immediately after purchase.

The Off-Plan Hub

Off-Plan Projects in UAE.

Take a look at all of the off-plan projects we have in our books, from new launches in Dubai to those nearing delivery, as well as post-handover communities and luxury collections.

74 projects

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Paradise View 2 by Dugasta Properties — Majan, Dubai

Handover SoonCompleted

Paradise View 2

Majan, Dubai

From: AED 900K
Handover: Dec 2019
Plan: 20 / 0 / 80

Paradise View 2

Oceanz

Sparklz

Serenz

W Residences

Serenia District

Ramada Residences Al Jaddaf

Tonino Lamborghini Residences

Radisson Blu Hotel & Residences

Volga Tower

Tiger Sky Tower

Ananda Residences

Orchid Towers Phase 1

MAG 777

Keturah Reserve

Binghatti Hillside

Binghatti Hillcrest

Mercedes-Benz Places – Binghatti City

Binghatti Luxuria

Binghatti Skyflame

The Element

Sobha Solis

Pierside Marina Residences

The Horizon at Sobha Central

Sobha Aquamont

Yachtside Marina Residences

Capeside Marina Residences

The Eden at Sobha Central

The Grove at Sobha Sanctuary

The Serene at Sobha Central

The Brooks at Sobha Sanctuary

Bling Avenue 1

The Wilds Residences

Nikki beach Residence

Greenfield

Ocean Pearl 2

Boulevard Heights

Samana Imperial Garden

Hillsedge

Golf Hills 1

Golf Hills 2

Greencrest

Golf Vale

Sierra by Iman

Aspirz

Damac Casa

BAYZ 102

Al Haseen Residences 3

Astra

Al Haseen Residences 4

Al Haseen Residences 5

Al Haseen Residences 6

Moonsa Residences 2

Fashionz

Bayz 101

Diamondz

Greenz

Damac Hills - Golf Greens

Cavalli Couture A

Elo 3

Damac Riverside Views

Chelsea Residences

Damac District

Damac Island 2

Damac Lagoons-Velencia

Azizi Ruby

Azizi Ameer

Azizi Abraham

Azizi Wasel

Azizi Venice

Adeba - Creek views 3

Azizi Milan Heights

Burj Azizi

Azizi David

Need help comparing off-plan projects?

What buyers ask before going off-plan.