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What is an off-plan property?

An off-plan property is a property that is sold before it is completed (or sometimes before construction even begins). Buyers purchase directly from the developer at a lower price, often with flexible payment plans during the construction period.

Why should I invest in off-plan properties?

Off-plan investments offer:

Lower entry prices compared to ready properties.

Flexible payment plans directly from developers.

High potential for capital appreciation by handover.

Access to new developments in prime locations.

Who can buy off-plan property in Dubai?

Both UAE residents and non-residents can buy off-plan properties in Dubai’s freehold zones. Foreign investors enjoy 100% ownership rights in these areas.

How are payments structured for off-plan properties?

Most developers offer installment-based payment plans. Typically, you pay:

10–20% as a down payment.

Periodic payments during construction.

The remaining amount on handover.

Each developer’s plan may differ, but all payments go through RERA-approved escrow accounts, ensuring your money is protected.

What is an escrow account and why is it important?

An escrow account is a secure, government-monitored account where all buyer payments are held until the developer reaches specific construction milestones. This protects investors from fraud and ensures project delivery compliance.

What are the main costs involved in buying off-plan property?

Aside from the property price, you’ll typically pay:

Dubai Land Department (DLD) registration fee: 4%

Oqood registration fee: around AED 3,000–5,000.

Admin and trustee fees: minimal, depending on the project.

There are no annual property taxes in Dubai.

Can I sell my off-plan property before completion?

Yes, but it depends on the developer’s terms. Usually, you can resell after paying a specific percentage (often 30–40%) of the property’s value. The resale process must be registered with the DLD.

What happens if the project is delayed?

All off-plan projects are regulated by RERA (Real Estate Regulatory Agency). If a project is delayed beyond approved timelines, RERA steps in to protect investors — which may include refunds or project reassignment.

Do off-plan buyers get a residence visa in Dubai??

Yes, investors in off-plan properties can apply for a residency visa once a certain portion of the property value is paid and ownership is registered. Visa types depend on property value (starting from AED AED 750,000).

How do I verify if an off-plan project is approved and safe to invest in?

You can check project and developer details via the Dubai REST App (by DLD) or ask your agent for the RERA project number. Always ensure the developer is licensed and the project has an active escrow account.

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