Here, we will look into the top projects, some market situations, and some suggestions for the off-plan projects in Dubai. The market for off-plan properties in Dubai is flourishing a lot and is becoming the new attraction for buyers from other countries because of its new offers and world-class amenities.
This favourable situation in the property market is going on because of the location, rising economy, and good connections between India and the UAE. Yes, India, because several buyers of luxurious properties in Dubai are Indians, and they are among the top position as buyers.
Off-plan properties in Dubai are in good numbers and are available for both commercial and housing projects. These types of properties have not yet been built or completed. When looking to invest in real estate in Dubai, people go to buy properties after knowing about the floor plans, looking at brochures, and other market materials. The buying of off-plan properties is done in a longer payment period where the buyers have to pay some percentage of the price of the property for the down payment, and after that, the payments are made in parts according to the building progress of that project. This gives the buyers not only a longer time to pay but also the entry costs are also very low. Buying off-plan properties gives high chances for good returns and more so if the property is going to be completed soon.
This new project by Emaar Properties will offer a taste of creek style living. Here the buyers can choose from 1 to 3 bed apartments with attractive payment plans, and according to Dubai Housing, the project may be completed before 2028-29. Emaar Mangrove is a fine choice for those who want a high return or a better rental income in the future because Emaar is a very popular developer in UAE whose projects are normally sold out in a few days after its launch.
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If you want a more affordable property in Dubai or a house that will cost less than AED 1.5 million then Phantom by Binghatti Developers in JVC is a good choice. It is expected that the builder will complete this housing project by the end of 2025 because Binghatti normally takes 1 to 2 years to complete its apartment project and this is a 1 to 3 bed apartment project with pool area for every unit. So, here the payment gap is not so long but the properties are also not very expensive so if you want a quick investment then properties like Phantom will be the right choice for you.
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In 2024, a community became so popular that it is now one of the highly transacted locations in Dubai. We are talking about the location of Damac Hills 2, and the reason for its huge demand is because of the projects like ELO and Evergreens launched by Damac Properties, which are luxurious apartment properties that cost less than a million AED, yes who heard it correct less than one million AED. This launch had made so much buzz that phase 1 of some projects was sold out in two days only when people were waiting in lines to get a chance to book the property.
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The villas are also one of the main attractions in Dubai, and rich buyers from other countries like India where wealthy people like to own villas in a posh and peaceful location of Dubai like Emaar South. Here, Emaar has launched its new villa project called Fairway Villas 3 which has modern facilities and amenities. From the name you can see that it is the third phase of a popular villa project and it is also comes with lavish interiors with open green surroundings where you can enjoy the view of a beautiful community.
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Damac Properties is also a very popular builder in UAE. It has delivered a lot of villa properties in Dubai, and its prices have increased by 7 percent per year. Looking into this huge demand for villas, Damac has launched its new project called Autograph Collection in Damac Hills available for sale whose price starts from AED 5.1 million AED. It is a grand project having 4 to 7 bed extra luxurious villas with meticulous floor plan and a very attractive payment option.
Payment Plan
Damac is good at providing flexible payment choice to its buyers and here it is 20 percent for booking, 40 on construction and rest during the handover of villa.
Again, we will talk about a project that is being built by Emaar Properties, and it is called Farm Gardens Phase 2 located in a community known as The Valley. This community is famous for its top villa projects and most of them are already booked by investors from India. The address is well-connected to other prime locations in Dubai. Rich people who come to Dubai to spend holidays for a long period like to stay in a grand house like lavish villas with world-class amenities and projects like Farm Gardens become a good choice for them. Indians also buys properties like this for personal use also.
Payment Plan
Buyers had to pay in a 10:80:10 plan where the booking and possession price is 10 percent and the rest are to be paid during construction.
Investors from India can find a lot of opportunities in Dubai if they take help from professionals from an experienced company like Dubai Housing. The properties given in this article are good for the investors and buyers both because the price of these projects are going to increase but a good percentage and the chances of rental income will also be high due to commercial activities.
