The Property Consultant

What are the benefits of off-plan in Dubai?

• 1.Significant savings on residence cost. Average off-plan property prices are about 30% lower than completed units.

  2.High potential for price growth both during and after construction.

  3.Possibility of layout modifications by prior arrangement with the developer.

  4.Flexible payment plans.

• Significant savings on residence cost. Average off-plan property prices are about 30% lower than completed units.

  .High potential for price growth both during and after construction.

• Significant savings on residence cost. Average off-plan property prices are about 30% lower than completed units.

• Significant savings on residence cost. Average off-plan property prices are about 30% lower than completed units.

What does it mean to go off-plan?

• GLOBAL passport

• 1.Buying houses, apartments, etc. before they are built, when only the plans exist, or relating to this way of buying:

  2.Off-plan buyers who get in early can have a say on interior design. A lot of new-builds depend on off-plan sales.

• Off-plan buyers who get in early can have a say on interior design. A lot of new-builds depend on off-plan sales.

• UAE Passport

Can I get a loan on off-plan property in Dubai?

• Residents and non-residents can get a mortgage to buy an off-plan property, or to finance the handover payment

• Residents and GCC expats can get a mortgage to buy an off-plan property, or to finance the handover payment

• Non residents can get a mortgage to buy an off-plan property, or to finance the handover payment

• Only passport holders or residents can get a mortgage to buy an off-plan property, or to finance the handover payment

Is it safe to buy off-plan?

• Ideal for Long-Term Investment: Off-plan properties are excellent long-term investment options.

  Off-plan works well if your objective is consistent growth and future returns, enabling you to take advantage of Dubai`s expanding real estate market.

• Off-plan works well if your objective is consistent growth and future returns, enabling you to take advantage of Dubai`s expanding real estate market.

• Ideal for Long-Term Investment: Off-plan properties are excellent long-term investment options.

  Good resale value in 2 years

• Ideal for Long-Term Investment: Off-plan properties are excellent Short-term investment options.

What is oqood in Dubai?

• The proof of registration is called Oqood.

• In case of an off-plan property purchase, i.e. the acquisition of a property that has not been completed yet, the buyer will be registered in the so-called Interim Real Estate Register kept by the RERA .

  The proof of such registration is called Oqood.

• In case of an off-plan property purchase, i.e. the acquisition of a property that has not been completed yet, the buyer will be registered in the so-called Interim Real Estate Register kept by the Dubai Land Department.

  The proof of such registration is called Oqood.

• In case of an off-plan property purchase, i.e. the acquisition of a property that has completed years ago , the buyer will be registered in the so-called Interim Real Estate Register kept by the Dubai Land Department.

  The proof of such registration is called Oqood.

Can I sell my off-plan property in Dubai? provided you meet the ----------------and obtain the necessary approvals

Key Documents Needed for Off-Plan Property Sale

• Buyer's and Seller's Identification Documents (passport and Emirates ID)

• 1.No Objection Certificate (NOC) from the developer.

  2.Original Sales and Purchase Agreement (SPA)

  3.Proof of Payment to the developer (including payment schedule)

• 1.No Objection Certificate (NOC) from the developer.

  2.Original Sales and Purchase Agreement (SPA)

  3.Proof of Payment to the developer (including payment schedule)

  4.Buyer's and Seller's Identification Documents (passport and Emirates ID)

• 1.No Objection Certificate (NOC) from the developer.

  2.Original Sales and Purchase Agreement (SPA)

How much property loan can I get in Dubai? The loan-to-value ratio (LTV)is 80% in mortgages for example the house is AED 2,000,000.How much can i borrow?