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New Projects Launching on Dubai Islands: A New Era of Waterfront Living

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Dubai Islands, formerly known as Deira Islands, is rapidly emerging as one of Dubai’s most exciting new destinations for luxury living and tourism. It offers several new off plan properties in Dubai . Developed by Nakheel, this expansive project spans five interconnected islands and is set to redefine waterfront living in the city. With a variety of new residential, commercial, and leisure projects in the pipeline, Dubai Islands is transforming into a dynamic hub for luxury real estate, tourism, and lifestyle. Among the standout developments is Bay Grove Residences, a beachfront apartment complex offering stunning sea views, premium amenities, and direct access to the beach. In addition, the islands will host exclusive luxury villas, resorts, and entertainment venues, making it a prime location for both residents and investors. With its strategic location near Downtown Dubai and Dubai International Airport, Dubai Islands is set to become a focal point for modern, sustainable coastal li

7 Reasons to Invest in Off-Plan Properties in Dubai

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Dubai has long been a magnet for property investors from around the world, offering a dynamic real estate market backed by strong economic growth, world-class infrastructure, and attractive investment opportunities. Among the various real estate options available, offplan propertiesin Dubai have emerged as one of the most lucrative and appealing choices for investors. Whether you're a seasoned real estate buyer or someone new to property investments, here are seven compelling reasons to invest in off-plan properties in Dubai today. 1. Lower Prices and Attractive Payment Plans One of the most significant advantages of investing in off-plan properties is the lower price point compared to ready-built properties. Developers often offer properties at a discounted rate during the pre-construction phase to incentivize buyers. Additionally, most off-plan projects come with flexible payment plans, allowing investors to pay in installments over the construction period. These affordable entr

Dubai Set to Launch Nearly 40,000 New Off-Plan Units in the Final Months of 2024

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Dubai's real estate market is poised for another significant surge as nearly 40,000 new off-plan units are expected to be launched in the final four months of 2024. This massive rollout underscores the city’s robust development momentum and ongoing demand for properties, cementing Dubai’s reputation as one of the world’s most dynamic real estate hubs. Booming Real Estate Market The announcement of 40,000 new off-plan units entering the market comes at a time when Dubai’s real estate sector has seen a strong recovery post-pandemic, driven by increasing investor confidence, economic growth, and a consistent demand for premium living spaces. These units, spread across various locations, will offer a mix of apartments, villas, and townhouses, catering to a broad spectrum of buyers, from first-time homeowners to luxury property investors. Dubai has always attracted international buyers, and the offplan projects in Dubai are expected to cater to both local residents and international in

What public think about buying off-plan projects in Dubai?

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Buying an off-plan property has been thought to be a risky step for purchases especially during periods of weak or unstable economic environment. However, deposit guarantees, stability and the solid reputation performing of the Dubai property market, have made buying off-plan property more popular throughout the years, where it has become a comfort and common place in the Dubai property market. Off-plan property has been considered by leading property experts as an ideal way to maximizing your buying and potential return on investment. Earlier in 2014, The Telegraph referred to it as “a dead cert way of getting more for your money”.

What are the disadvantages of buying off-plan property in Dubai?

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What are the advantages of buying off-plan property in Dubai? Buying off-plan property is not the risk that everyone imagines especially nowadays with a majority of developers offer a deposit guarantee for extra security and peace of mind. However, it is not as certain as other properties that are ready or pre-owned which you can see with your own eyes and feel them. But just remember these properties once where an off-plan and under construction and now they worth much more that before due to the market value which keeps on rising each and everyday since the construction starts. There’s also the possibility that the property you purchase doesn’t increase in value as much as you expected, or at all, during its construction. Therefore, and to ensure optimum ROI, it is better to always look for off-plan properties that have been built by trusted developers, within areas with growing levels of investor demand.

What are the advantages of buying off-plan property in Dubai?

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Buying an off-plan allows you to get the property with a lower price comparing to current or future market prices with a return on capital and a strong rental value. In a rapidly developing market, buying off-plan enables investors and homebuyers to buy a property at a lower price than the ready to sell units. In addition, buying off-plan may be the best way to get a property with your own favorite location or set of features as choice may be limited once construction starts. Buying off-plan is ideal if you decide on re-selling the unit once the construction is finished. In order to purchase off-plan property, you just need to provide a deposit of just 10-20% of the property’s value, making securing the property simple and affordable. Whether you decide to resell or live in the apartment, the best way and the greatest advantage of the off-plan properties is that you are able to choose the ideal unit that suits your dreams, matches your ideal home image, taste, and budget. In

Off-plan Properties in Dubai

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An off-plan property term means a property that is sold prior to construction or at early stages of construction. These properties are offered by a discount or a payment plan that are usually accompanied with a deposit requirement. The property is before a structure has been constructed upon it. Pre-constructions are usually marketed to real estate developers and to early adopters as developments to allow the purchaser an easier, much better finance terms from their lenders.