Dubai's Real Estate Updates: Investing in Upcoming Off-plan Properties In Dubai

Dubai Real Estate

4 months ago

The real estate sector in Dubai is thriving and presents a lot of investment prospects if one would want to venture into the city’s growth. The trends of new developments in Dubai have become a reliable and a popular option for investments.

The following projects are the upcoming ones and not only do they have great potential to generate high returns but also let investors be a part of the developing skyline of the city.

Is Off-plan investment in Dubai worthy?

Investment in off-plan property in Dubai is a high-rewarding option. Such an early investment can bring in a lot of capital gain by the time the property is ready for business. Also, developers provide the investor with attractive payment structures that help in arranging for the finances and schedule for undertaking the project.

Since off-plan investment is highly regulated by RERA of Dubai, the investors can be assured that their investment is in a safe hand. Specialists have specific rules and directives to follow to guarantee the timely and accurate delivery of the project as stated.

Upcoming Off-plan Developments in Dubai

Verdes by Haven

Verdes by Haven is to become one of the most beautiful new developments in Dubai. Verdes offers a contemporary mix of modern architectural design of the apartment and unmatched luxury. The development will include the elements of luxurious apartments with the view of the city skyline, green areas and the opportunities of comfortable living.

Payment Plans:
The typical structure includes a 10% down payment upon booking. It is followed by 50% during the construction phase, and the remaining 40% upon completion.

One by Binghatti

One by Binghatti is classified as one of the best luxury properties in Dubai. Located in the lively neighborhood of Business Bay, this project is about elegance and creativity. One by Binghatti is offering a set of noble apartments, which are distinguished by elegant looks and innovative concepts of the exterior and interior.

Payment Plans:
Binghatti requests clients to pay a 5% down payment and another 35% during construction; the final 60% payment should be made once a construction is completed and handed over to the client.

Ela by Omniyat

Ela by Omniyat is a contemporary luxurious choice for investors and residents. This is a development in the affluent area of Dubai known as the Jumeirah district for only the best. Ela offers luxurious homes of sizable living space with extensive sea and skyline views of the Arabian Gulf and Dubai, alongside services as personal swimming pools, 24/7 concierge, and a members-only beach club.

Payment Plans:
The payment structure for Ela is as follows: 20% as down payment, 30% at construction period and the balance of 50% at the end of the period.

Tiger Sky

Tiger Sky is another remarkable that has been added in Dubai’s off-plan sector. This gigantic towering building with elegant interior design situated at Sheikh Zayed Road is an iconic feature of a modern lifestyle. Tiger Sky comprises studio to luxury penthouse residences with each unit designed to have excellent cityscape views.

Payment Plans:
Investors can take advantage of Tiger Properties' competitive payment plan. It requires a 15% down payment, followed by 45% during the construction process, and the final 40% upon handover.

Iraz Creek View

Iraz Creek View is a splendid, fancy waterfront development for the residents that would be living there. This neat project is located along Dubai Creek and consists of a variety of modern apartments with pleasant creek and city skyline views. Its tranquil setting and modern conveniences make it a standout choice for property investment advisory.

Payment Plans:
To ensure that customers get a comfortable way of paying the cost of the development, it has set the following payment structure; 10% of the development cost on signing up, 40% when construction work is underway, and the last 50% at the end of the construction phase.

Conclusion

These off-plan properties in Dubai are some of the great opportunities for investment in the region. The following are the reasons as to why these apartments are preferable; Their location, the facilities they offer, and the flexible payment methods.

If you are also looking forward to investing, First Point Business Solutions is here to assist you. Providing information to the investors is our core competency and is aimed at helping the choosy investor make appropriate investments on properties. Get in touch with FirstPoint Business Solutions now, and allow us to help you invest in the perfect location in Dubai.