3 minutes

Written by
Emily Louise Wade
What does off-plan property mean in Dubai?
Updated: Oct 22, 2024, 12:22 PM
Off-plan real estate in Dubai is defined as property bought straight from a developer before completion, frequently for less money than completely constructed properties. Usually, during the construction period or even before it starts, buyers make their investments in these houses based on architectural plans and models.
Real estate developments that are sold off-plan are known as off-plan properties. Based only on blueprints and designs, buyers buy these properties hoping for future capital growth. Off-plan apartments are a popular option for investors and homeowners in Dubai since they frequently include tempting payment options and significant savings. They do, however, also come with some hazards, such as the possibility of construction delays and altered final outputs.