Sales buyers-guide

Dubai Off Plan - Unveiling Investment Opportunities

As the Dubai real estate market witnesses a surge in stunning off plan developments, investors are presented with a diverse array of property options. Each new project offers its own set of unique attractions, whether it’s an exceptional location, a contemporary and exquisite layout, or an association with renowned designer brands. With plenty of enticing benefits to explore, the world of off plan investments beckons with alluring opportunities.

 

Empowering Your Investment Journey

Whether you are an experienced investor or just stepping into the world of real estate, haus & haus is dedicated to supporting your goals.

With long-standing partnerships with Dubai’s top developers, we have access to exclusive insights and launch offers for the newest projects. Our extensive team of real estate experts, with over a decade of market experience, will help you navigate with confidence, steer clear of potential pitfalls, and identify lucrative investment opportunities.

Dubai’s Thriving Real Estate Market

Now is an opportune time to invest in Dubai’s real estate market, as it continues to witness remarkable growth, with record-breaking sales figures month after month. The UAE’s visionary government legislation has fostered a thriving economy, with ambitious plans to make Dubai the world’s best city to live in. As the emirate continues to think big, investors can also explore the option of purchasing property with cryptocurrency, tapping into the region’s rapidly expanding crypto market.

Let’s Embark on This Journey Together

If you’re ready to seize the vibrant opportunities in this ever-evolving market, our consultants are ready to guide you every step of the way. Contact us today to embark on your investment journey.

Dubai – The Ideal Investment Destination

With numerous compelling reasons, Dubai emerges as an exceptional investment destination:

1. Favorable Tax Environment: Enjoy the benefits of zero income tax and only 5% VAT.

2. Enchanting Climate: Bask in year-round sunshine, creating an appealing lifestyle for residents and tourists alike.

3. Safe Haven: Ranked among the top ten safest cities globally, offering peace of mind and security.

4. Diverse Community: Home to 3.5 million people from 200 nationalities, with English as the primary language, fostering a cosmopolitan atmosphere.

5. Crypto-Friendly Market: Embrace the future with opportunities to invest using digital tokens in the property market.

6. Business-Friendly: Dubai’s government legislation, low setup costs, and relaxed visa policies encourage foreign investment.

7. Top-Notch Infrastructure: Excellent transport links and the world’s largest airline hub ensure seamless connectivity.

8. High Quality of Life: Experience quality healthcare, top-tier education, luxurious hotels, world-class shopping, and extensive sports and recreational facilities.

9. Dynamic Property Market: Witness a thriving property market with captivating new developments constantly being announced.

10. Attractive Rental Returns: Earn substantial rental yields, with 5-7% net return on investment being a realistic average.

11. Investor-Friendly Visa Policy: The minimum financial requirement for a three-year visa through residential property investment has been reduced to AED 750,000, offering added incentives for investors.

Embrace the boundless opportunities that Dubai offers and invest in its vibrant and promising real estate market.

The Big Decision: Ready or Off-Plan Properties?

As a buyer or investor seeking a property in Dubai, you have the option to choose between ready properties and off-plan projects. Ready properties are those where the construction phase is completed, while off-plan properties are under development or construction. Your choice between the two will depend on your budget, goals, and timeline. Let’s take a closer look at both options and why they offer excellent investment opportunities.

Ready Properties: If you’re an investor looking for immediate rental income or a buyer eager to move into a new home soon, Dubai offers a diverse selection of ready properties in urban, beachfront, and natural settings. Buyers can often secure a high loan-to-value (LTV) ratio for these homes, making it easier to obtain a mortgage from the bank. To explore the available ready properties in Dubai, check out properties for sale here.

Off-Plan Projects: Dubai’s off-plan property market is thriving, with numerous real estate developments announced each month. Investors and buyers can reserve prime units with convenient payment plans that are completed upon project handover. Once these properties are finalized, they typically yield high rental returns, a good return on investment (ROI), and significant capital appreciation. Stay updated with the latest off-plan launches here.

The decision between off-plan and ready properties can also be influenced by whether one option is cheaper than the other. Market trends and pricing can vary over time, so it’s essential to consider your budget, goals, and seek advice from industry experts to make an informed choice.

Payment and Paperwork Process:

As a buyer, it’s natural to aim for a fair market price – or ideally, a price lower than the market value. At haus & haus, our agents work diligently to set fair market prices, ensuring that they do not accept costs just to secure a listing. This way, buyers and investors can enter negotiations with confidence, knowing that vendors are in a practical mindset.

Once the seller or developer and buyer agree on a price, your broker will arrange for a Contract B to be sent to you via the Dubai Land Department. Upon acceptance, a Unified Contract F will be sent. As the buyer, you’ll need to provide a 10% deposit cheque to your consultant, which will be held until the property transfer process is completed.

 

 

Included Fees in the Buying Process

When purchasing a property in Dubai, there are several fees to be aware of:

1. Transfer Fee: Both off-plan and ready property buyers are required to pay a 4% transfer fee to the Dubai Land Department. Some developers may cover part or all of this fee as an incentive to encourage purchases.

2. Agent Fee: An agent fee of 2% + VAT applies to the buying process. For off-plan properties, developers typically pay the broker’s fee, so buyers are not responsible for the 2% payment in such cases.

3. Community Service Fee or Maintenance Charge: These fees are charged based on the RERA service and maintenance index and are calculated per square foot. The amount usually ranges from AED 2 to AED 30 per square foot, depending on the area.

4. Mortgage Registration Fee: For buyers using a mortgage, a total of 0.25% of the registered loan amount must be paid to the Dubai Land Department.

5. Conveyancing Fee: Working with a team of specialists, you’ll be required to pay a conveyancing fee of AED 8,400, including VAT. This fee covers services such as coordination and facilitation of legal processes and property resolution.

Choosing a Real Estate Agency with Specialized Services

Selecting a real estate agency that offers specialized conveyancing services can significantly ease the buying process. These services encompass the sale progression, property transfer, and legal coordination. At haus & haus, we provide comprehensive conveyancing services through our partnership, ensuring a smooth and efficient transaction. Learn more about these services here.

Advantages of Buying with haus & haus

Whether you’re in Dubai or overseas, working with a professional agency offering a wide range of services can simplify your buying process. Our team of property and investment consultants offers a variety of services, including mortgage assistance, furniture solutions, conveyancing support, and real estate consultation. With our extensive knowledge and experience in the Dubai property market, we are well-equipped to find the best opportunity that matches your needs and situation.

Ready to Begin Your Purchase Process?

Contact us today, and we’ll be delighted to assist you in your property acquisition journey.

Join forces with Dubai’s Premier Developers

As an entirely impartial brokerage, haus & haus collaborates with a diverse range of top-notch developers in the Dubai property market. Our partnerships span from major government-backed entities to private developers boasting a stellar track record. Rest assured, we can guide you towards the most secure and promising investment locations. Explore the latest developments by clicking on the logos of our esteemed developers below:

Meet our Team

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Kathleen Grant
Funder
Kathleen Grant
Funder
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Keith Bailey
CEO
Keith Bailey
CEO
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Danielle Murray
Manager
Danielle Murray
Manager
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Thomas Stevens
Manager
Thomas Stevens
Manager
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Testimonials

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I had a great experience working with my Dubai property agent. They were extremely knowledgeable about the market trends and helped me find the perfect property within my budget. Their professionalism and dedication made the entire process smooth and stress-free. I highly recommend their services.
by Vibha Mahajan
Owner, AXIX Property Sourcing London
Working with my Dubai property agent from Golden Luxury was a fantastic experience. They took the time to understand my requirements and showcased properties that aligned perfectly with my preferences. Their market insights and honest advice helped me make informed decisions. I am grateful for their professionalism and highly recommend their services to anyone looking for a property in Dubai
by Kenya Soval
Realtor, Company Inc.
I just bought my third property with Golden Luxury Realty. The team is so well-informed on all up and coming projects and are very transparent about the pros and cons of each one. They guided me while I was in India. Everything was done online and I wouldn't tryst anyone else with my property transactions.
by Rajeev Gupta
, India

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