Frequently Asked Questions
Dubai offers a variety of lifestyle experiences to its residents. Whether you desire to live beside the blue ocean with direct access to the private beach or a serene life amidst a lush green golf course, Dubai has it all covered for you.
Property investment in any region, for personal or investment purposes, has some fundamental requirements – Economic stability, secure lifestyle, lawful protection, world-class amenities, and potential in future developments are some of the major aspects to put into consideration.
Dubai has proved to be one of the fastest growing cities in the last 15 years, and thorough out this time, Dubai has developed some of the world’s best and most exemplary real estate projects catering to all aspects of investors needs.
Dubai has been one the most attractive tourist destinations in the world and undoubtedly the top tourists destination of the region. One aspect of its attraction is the extravagant luxe experience that it offers to tourists and residents. Another important aspect is its geographical and economical significance as it is situated merely at a 5- to 7-hours flight distance from major financial hubs in the world such as London, Frankfurt, and Moscow towards Europe and North Asia, and Hong Kong, Bangkok and Beijing towards the East Asia.
The tax-free economic structure, currency stability, and access to the sea ports also attract international investors in choosing Dubai over the other global expatriate destinations.
An off-plan project is a proposed real estate development, which is yet to be constructed. In simple terms, a real estate project (a building, an apartment complex or a community etc.), which is not yet constructed.
However, you can invest in off-plan developments as they are more affordable compared to the similar ‘ready’ properties, and offer flexible installment plans without interest, and higher capital appreciation upon the project completion.
Buying an off-plan property is quite simple, however, choosing the right project and a trusted developer is quite tricky especially for new investors.
You will always come across some too good to be true offers. This is merely the reason why you should consult with a trusted real estate agency to guide you through out your buying process.
Unique Properties, with its vast experience and years-long partnership with all major developers in the UAE, is here to help in getting you the most suitable off-plan property that perfectly suits your financial flexibility and investment requirements. For free consultation, you may reach us through +971- 4 512 6333.
In order to determine the best location to buy an off-plan project, it is essential to understand which areas are the top developers actively developing, and their total number of property transactions in each of those particular areas. This analysis will show which areas are actively developing and selling in the market.
However, logic is not always the rationale behind choosing a dream home; rather it is that emotional connection that makes one choose a home. Therefore, it largely depends upon the lifestyle preferences of each buyer when it comes to location preferences.
The top location preferences of our off-plan buyers are the following;
* Downtown Dubai
* Dubai Hills Estate
* Emaar Beachfront
* Creek Harbour
* Mohammed Bin Rashid City
* Dubai Creek Harbour
* Arabian Ranches
* Business Bay
The off-plan projects are comparatively cheaper than the ones that are already ready or soon to be ready. Therefore, off-plan investors benefit from higher capital appreciation upon handover of the project.
On the other hand, ready projects, especially the ones that are in the market for a long time, have already reached their price maturity, thus, they are not the best suitable investment for capital appreciation, however, they are well-developed, easily rentable and can attract a higher rental yield.
The prices of the off-plan projects also depend on the locations where they are planned to be constructed, and the over-all potential of growth in the neighborhoods. In addition to this, floor plans, sizes, finishing qualities, being branded or being serviced also add value to the prices of off plan projects.
Our experts in the secondary market are well-equipped with the real estate market insights, analytical tools, and access to the right data sources to evaluate the real value for your property and help you get the best offers for selling or renting your property.
Not only in property evaluation, our secondary market specialists can also plot pricing trends over the years and forecast the market trends to help you make data-driven investment decisions.
Before buying an off-plan it is essential to get in-touch with the right real estate brokerage agency, which will guide you in choosing the right project and guide you seamlessly through out the buying process.
Unique Properties, as a multi-award-winning off-plan agency, can help you choose the best off-plan project that suits your financial flexibility and investment needs. Our property consultant will guide you through different off-plan projects available with our trusted developers, as per your requirements.
Furthermore, the consultant will explain you every detail about the project with sets of floor plans, community masterplan, 3D structural layout of the development, terms of payment, amenities & facilities, virtual property tour, visiting show apartment/villa (if available) etc.
Once you have decided and set to go, our consultant will facilitate you with payments and documentation, and ensure that all documents are complete, properly signed, dated and well received from the developer and handed over to the buyer.
After the global economic crunch of 2019-2020, Dubai real estate market has shown a significant improvement in 2021.
In 2022, we are witnessing an increasing number of international investors in Dubai especially from Europe and North Asia. The ratio of international to local investors is constantly increasing, thus showcasing more confidence and trust of international investors in Dubai real estate market.
According to the annual report of Dubai Land Department, a total sales volume of AED 300 billion (USD 82 billion) was recorded in 2021, with 84,772 properties transactions recorded.
In 2021, the Dubai real estate market has reached record-breaking sales volume. Dubai Land Department has report an annual sales of AED 300 billion (USD 82 billion) in 2021 with 84,772 registered property transfers. It was a 65% increase in the number of transaction, and 71% increase in the total sales value in comparison to 2020.
Moreover, 2021 has also strengthened Dubai’s position as a global real estate investment hub. Therefore, in 2022, we witness an increasing number of international investors, especially from Europe and North Asia, making real estate investment in Dubai.
Buying an off-plan is suitable for investors who are looking to buy a brand new property at a very competitive price, with an installment plan; and they can afford to wait for 3 to 5 years until the property is complete and its ready to move-in.
Investing in off-plan is also a way of gaining capital appreciation, if invested wisely and choosing the right project. A lot of seasoned investors hold a portfolio of various off-plan properties to sell them after completion at a premium price with capital appreciation.
Dubai is considerably one of the safest cities in the world. In terms of lifestyle security, UAE has one of lowest crime-rate in the world among all the countries. In terms of economic security, UAE has one of the safest economy, currency stability and lowest unemployment ratio.
When it comes to off-plan investment, RERA and Dubai Land Department follows very stringent laws to protect buyers. However, to avoid any hassle, we advise you to consult with a licensed, well-reputed and well-experienced real estate brokerage firm, like Unique Properties, to handle your off-plan investment requirements. For free consultation, you may call us at +971- 4 512 6333.
To find the best suitable developer for your investment needs, you need to connect with a well-experienced advisor, who has enough experience of managing clients as well as developers, to guide you to the best of your investment requirement. For free consultation, you may call us at +971- 4 512 6333.
Who are the top real estate developers in Dubai?
Some of the top real estate developers in Dubai are as follows;
* Emaar Properties
* Dubai Holding
* Majid Al Futtaim
* Select Group
* Sobha Realty
2F Properties employs a wealth of experts and experienced individuals in the real estate market in the Middle East. Each member handpicked by the directors, from different countries, comes with vast knowledge of the market and experience.