How to
Buy an
Off-Plan Property
in Dubai

🔽 AN OVERVIEW OF BUYING OFF-PLAN IN DUBAI

Define Your Needs and Expectations

When purchasing an off-plan property, you won’t have the opportunity to physically inspect the unit. However, this investment comes with several advantages:

  • Affordable Pricing: Off-plan properties often offer the best price points, allowing you to secure a top unit at the most competitive price, thus maximizing your return.
  • Investment Potential: If the project is well-received and the market is favorable, you could sell the property for a significant profit before the project is completed.
  • Flexible Payment Options: These properties typically have lower initial payments and offer more flexible monthly installment plans.
    Be sure to assess your needs thoroughly, including factors like your budget, location preferences, developer reputation, property size, type, amenities, and the surrounding community.

Partner with a Specialized Real Estate Agency

Purchasing off-plan property in Dubai is generally straightforward, but working with an experienced agency that has strong relationships with developers can open up more options. Your agent will act on your behalf, ensuring everything is handled smoothly—from reviewing contracts to keeping you informed about the project’s progress and managing the handover process. A reputable agent will be connected to all off-plan developments, helping you find the best deals and opportunities in the market.

Selecting the Right Property

Your agent will assist in matching your requirements to suitable off-plan projects. They will provide you with all the essential details such as floor plans, brochures, payment structures, and video presentations to help you make an informed choice. Some developers also set up show units or ‘mock properties’ to demonstrate the building materials, layouts, and amenities, allowing you to visualize the final product better. If possible, your agent can arrange for you to visit the site.

What to Do When You Find the Right Property

Once you’ve identified the ideal property, you and your agent will visit the developer’s sales office. There, you’ll select the unit you want and reserve it by signing a Sales Purchase Agreement (SPA). At this stage, you’ll usually be required to make an initial deposit, typically ranging from 10-20% of the property’s price. You’ll also need to provide a copy of your passport. Within 30 days, you’ll need to settle the 4% Dubai Land Department (DLD) registration fee and pay an AED 1,000 Oqood fee.

Keep Up with the Payment Schedule

As per the payment terms outlined in your contract, you’ll need to continue making payments until the property is officially handed over. You may also have the option to resell the property during the contract term. It’s important to fully understand the payment plan and ensure you have clarity on the terms—if you’re unsure about anything, don’t hesitate to ask your agent for further explanation.

Property Handover Process

At the end of the contract, you’ll have the opportunity to inspect the property for any issues or defects that need fixing (referred to as ‘snags’). Once the inspection is completed and any necessary corrections are made, you’ll make the final payment. This will allow you to receive the keys and access cards to your new property. Your agent will guide you through the final stages to ensure a smooth transition, making sure everything is in order for you to move in as soon as possible. 

✅ GET THE MOVE STARTED

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