Off-plan real estate in Dubai has gained momentum among investors and homebuyers recently, especially after the Dubai real estate market grew and thrived significantly. As developments are initiated in various neighborhoods and communities in the emirate of Dubai, many seek to find the perfect investment opportunity or future home.
Driven Properties enjoys years of experience in the Dubai off-plan market and can help you find the ideal property that meets all your needs and specifications before it's even completed. Driven Properties can also help with all other aspects of purchasing Dubai property to ensure that everything goes as smoothly as possible.
An off-plan property is a building or a construction project that hasn’t been built or completed yet. To be able to visualize what the finished product will look like, developers use floor plans, computer-generated imagery (CGIs), and working drawings.
Those who are looking to buy off-plan property in Dubai have a wide variety of options to choose from. These include:
Most off-plan developments in Dubai will feature a myriad of choices ranging from several bedrooms, property configuration, area, and more.
When deciding to buy off-plan properties, just like any other decision, one must weigh both the benefits and the risks, and then decide accordingly. We’ve compiled below a list of benefits that would make Dubai off-plan properties attractive to you, as well as a list of risks you should take into consideration.
Dubai’s real estate landscape is brimming with options for you to choose from for both off-plan and ready-to-move properties. So whether you are looking for off-plan villas for sale in Dubai, off-plan apartments in Dubai, or any other type of property, below are the major locations where you can start your search.
Location: Dubailand, Sheikh Mohammed Bin Zayed Road
Features: Freehold mixed-use development, featuring residential complexes, commercial towers, and retail real estate.
Location: Dubai Creek, Ras Al Khor Road (E44) and Nad Al Hamar Road (D62)
Features: Sustainable and self-contained mega-city offering residences and commercial buildings.
Location: The center of the city, Sheikh Zayed Road (E11)
Features: A mixed-use development offering high-rise buildings, penthouses, villas, commercial buildings, and upscale hotels.
Location: Near the Dubai Canal, Sheikh Zayed Road, and Al Khail Road
Features: Mixed-use district offering residential and commercial skyscrapers.
Location: Off the coastline between Deira and Bur Dubai.
Features: Mixed-use development offering waterfront residences, hotels, restaurants, and retail outlets.
Location: Dubai South, Sheikh Mohammed Bin Zayed Road (E311) and Emirates Road (E611)
Features: Master development by Emaar Properties has around 10 residential complexes featuring a mix of apartments, villas, and townhomes.
Location: Near Al Barsha South, Al Khail Road (E44)
Features: A gated neighborhood offering a mix of luxury apartments, villas, and townhouses.
Location: Near Dubai Marina, Al Khail Road, and Sheikh Mohammed Bin Zayed Road
Features: Freehold and family-friendly master community offering a mix of apartments, villas, and townhouses.
Solara Tower is developed by SOL Properties Development and bears the brand of Fairmont Hotels. It comprises 55 floors and offers 246 residences ranging from 1 to 5-bedroom layouts, as well as exclusive duplex penthouses.
Payment plan: 60/40
Located in Jumeirah Village Circle, Helvetia Residences are developed by DHG Properties. This residential and luxurious development offers premium studios, and 1, 2, and 3-bedroom apartments.
Payment plan: 50/50
Rixos Financial Center Road Dubai Residences are developed by East and West Properties. This project offers a wide selection of 1, 2, 3, and 4 bedroom apartments, and luxurious 4 and 5-bedroom duplex penthouses.
Payment plan: 60/40
The St. Regis Residences is developed by Adventz Group and East&West International Group jointly with the global St. Regis hotel chain. This 60-story tower offers exclusive apartments and penthouses with 1, 2, 4, and 5 bedrooms.
Payment plan: 20/80
MAG 777 is developed by MAG Property Development. This 22-floor residential tower encompassed 252 units, which include studio, 1-bedroom, and 2-bedroom apartments.
Payment plan: 50/50
Damac Islands are developed by Damac Properties in Dubailand. This tropical-inspired and resort-style project offers 4, 5, 6, and 7-bedroom villas and townhouses.
Payment plan: 75/25
Eden House, Dubai Hills is developed by H&H Development and designed by Hopkins Architects. This luxurious residential project offers 32 villas with 5 to 6-bedroom configurations.
Payment plan: 50/50
If you are looking to invest in Dubai real estate, off-plan properties are a great option. Driven Properties has amassed years of experience and employs some of Dubai’s best RERA-certified real estate agents. We can help you start your investment journey by finding the ideal properties that suit your needs and requirements, and then guide you through the entire purchase process.
Off-plan properties are characterized by lower initial purchase prices when compared to completed real estate. This ensures that developers generate early interest and secure sales while investors make significant savings and potentially grow their capital.
Before you buy an off-plan property it is good to know the total price of the real estate and the additional costs, the payment plan, the initial down payment requirements, the expected completion date, and the features of the house and the finishes.
The best locations in Dubai to buy off-plan properties include Arjan, Dubai Creek Harbour, Downtown Dubai, Business Bay, Rashid Yachts & Marina, Emaar South, Dubai Hills, and Jumeirah Village Circle.
Off-plan projects in Dubai include a variety of real estate options, which include studios, various size apartments, townhouses, penthouses, villas,, and much more.
There are certain areas in Dubai designated as freehold. These areas allow 100% foreign ownership. These include:
Yes, you can sell an off-plan property before it is completed. However, you should check with the developer if certain restrictions apply.
To resell an off-plan property in Dubai, you first must ensure that you have paid the required minimum to the developer, then find a buyer and agree with them on the terms. You must then obtain a No Objection Certificate (NOC) and complete the transaction at the Dubai Land Department.
The minimum amount you would need to start real estate investment in Dubai is around AED 400,000 for studio apartments or off-plan properties in affordable regions in Dubai.