5 Reasons Why Top Investors Prefer Off-Plan Properties
- Published Date: 30 May, 2024
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Owning a home in Dubai is a dream of everyone. With modern architecture and top-class infrastructure, Dubai has earned global recognition for delivering marvellous property projects. According to experts, the off-plan market in Dubai is as popular as commonly developed residential units. In fact, off-plan projects are gaining more popularity due to their unique features, remarkable investment terms, and prime locations. These plans are designed to facilitate you in owning a property according to your budget and vision. Here are some reasons why most investors prefer to invest in Dubai’s off-plan market.
Flexible Payment Plans
Most off-plan projects come up with easy instalment plans. It helps reduce the burden on the shoulders of investors enabling them to pay the price gradually rather than all at once. Some plans go for a 60/40 payment plan while some charge instalments on a monthly basis after a certain amount as the down payment. You can also find several projects that offer the chance to pay some amount after the completion of the project meaning you can enjoy handover before the completion of all installments.
Customization
Investing in Off-plan means you can personalize the property the way you want. In the pre-made building, there is limited option of personalization and you have to compromise with what is designed. However, in the off-plan, you can share your concerns and get the fixations after discussing them with the developer. You can change the floor plans, remodel the interiors and enjoy a house that you have envisioned.
Capital Appreciation
One of the most striking features of investing in off-plan properties is that they are available at lower prices than market value. In the early development phase, prices are almost 10-15% lower than the market price alluring investors to grab the opportunity real quick.
Brand New Homes
Whether you are investing in off-plan for ROI or personal use as residential property, Off-plan gives you brand new homes to begin with. They feature the latest fitting, modern instalments, and contemporary architectural features. It will eventually help you save substantial amounts on property maintenance and renovations.
Maximized Incentives
To attract the investors, developers offer certain incentives that are hard to find elsewhere. It may include early-bird discounts, branded fittings, exclusive access, private balconies, and unmatchable views. They may also offer additional incentives such as access to GYM, SPA, offices, and many other.
If you are planning to invest in Off-Plan projects in Dubai don’t forget to check our exclusive listings with additional incentives.