With the new property trends coming in every day, one that is here to stay is investing in off-plan properties. Off-plan properties are the under-construction properties, prices of which tend to be lesser as compared to other listings in the real estate market. In fact, cost 30 % less than their market value.
Not just what the buyers are paying, but the flexible payment options too, makes off-plan properties a hot-seller in an already blissful Dubai Real Estate. However, the question is where you can find the much-in-demand off-plan properties Dubai. While you can always take the help of a private real estate investment company, here are some regions you can take a look into.
1. Jumeirah Village Circle (Jvc):
What defines a promising real estate investment is not the size but the amenities that are going to accompany the property. And, JVS is soon poised to become an amenity-laden locality with the best of malls, restaurants, cafes, rooftop clubhouse, and a cinema, and more coming up.
The investors can choose from modest studio apartments to lavish four-bedroom ones for unbelievably favourable prices. Not to forget the added perks of owning a luxury apartment that will include share swimming pools, separate maid’s quarter, parks, and a lot more.
Furthermore, there are villas inspired by Arab architecture that will allow you to live independently and also be a part of the community.
2.Palm Jumeirah:
There is little that can beat having a home in the luxurious Palm Jumeirah, the ultimate human-made paradise.
The ultra-luxurious beachfront properties on this exquisite are incredible investment options for large families looking for a family home and young professionals. Everything from the nightlife, restaurants, hotels, public transportation, to other amenities boast how luxurious life here is.
You can invest in several off-plan villas and apartments here, which can sport up to seven bedrooms. Not to forget the chunk of beach that will accompany the deal.
3.Dubai South:
Dubai South is, by far, the most ambitious real-estate project in Dubai, which is about to go on-market in 2020. His Highness Sheikh Mohammed bin Rashid Al Maktoum is himself the visionary of this project.
Divided into six districts, the city will sport the world’s largest airport- the new Al Maktoum International Airport. Also, it caters to the commercial as well as residential interest. The region being a free zone will is also likely to attract entrepreneurs who are planning to establish a foot in Dubai.
The off-plan properties are life-changing investments because the region is expecting metro lines soon that will connect it to the rest of the city.
4.Downtown Dubai:
There is no better location for investing in an off-plan property in Dubai than in Downtown Dubai, where you can see the iconic Burj Khalifa and Dubai Fountains right out of the window. It is a well-known locality and serves incredibly well for people from all walks of like.
Well, there is no reason why you should let go off the unmatchable deals on off-plan apartments available here. The best-seller amongst which is the Burj Royale Apartments that are available at AED 910 and will be completed by the end of 2020.
Apart from the regions mentioned above, Dubailand, Business Bay, Dubai Hills EatateJumeirah Lake Towers, Mohammed Bin Rashid City, and Akoya Oxygen have profitable options too. The ROI on off-plan projects in Dubai is expected to grow as the city grows in terms of size and economy.