logo
  • Home
  • Buying Off-plan in Dubai

Buying Off-plan in Dubai

Step-by-Step Guide to Buying Off-Plan Property in Dubai

Buying off-plan property in Dubai is a popular investment strategy for investors and homebuyers. This guide explains the off-plan buying process, from choosing a property to handover, with tips to maximize your investment returns.

1. Decide What You Are Looking For

Off-plan property purchases allow buyers to invest before construction is complete. Benefits include:

  • Best Price: Choose the best unit at the lowest price, maximizing ROI.
  • Profit Opportunity: Investors can sell before project completion for potential profit if the market performs well.
  • Better Payment Plans: Typically lower upfront costs with flexible monthly installments.
  • Plan your requirements including budget, location, developer, property type and size, and community amenities and facilities.

2. Register with a Real Estate Company Specializing in Off-Plan

Working with a reputable off-plan real estate agent ensures access to the best properties.

  • Agents represent you in all dealings with developers.
  • They manage contracts, project updates, and handover processes.
  • A registered agent with market-wide developer access provides maximum choice.

3. Finding the Right Property

Your agent will match your needs to available projects.

  • Receive floor plans, payment plans, brochures, and videos.
  • Some developers provide mock properties to showcase materials, layouts, and amenities.
  • Site visits may be arranged when possible to assess the property and community.

4. What Happens When You Find the Property You Want

  • Visit the developer’s sales office with your agent.
  • Choose your unit and sign a Sales Purchase Agreement (SPA).
  • Make an initial deposit (usually 10–20%).
  • Required documents: passport copy, 4% DLD title registration fee, AED 1,000 Oqood fee within 30 days.

5. Making the Payments

  • Follow the payment plan outlined in your contract until handover.
  • Reselling during the contract term is usually allowed.
  • Understand the payment plan fully; consult your agent for clarification.

6. Handover
At the end of the contract:

  • Inspect the property for any snag issues.
  • Make final payment to receive access cards and keys.
  • Your agent will facilitate a smooth handover so you can move in promptly.

7. Start the Move-In Process

  • Set up utilities and maintenance services.
  • Begin living in your new Dubai off-plan property.
  • Celebrate your successful investment!