Top Reasons to Invest in Dubai off Plan Property

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Top reasons to invest in off-plan property in
Dubai


Source https//homespheregroup.com/top-reasons-to
-invest-in-off-plan-property-in-dubai/
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Introduction
A property that has not yet been built or is in
the process of being built is referred to as an
off-plan. When purchasing an off-plan property,
both the builders and the buyers sign a contract
while the property is being constructed. Such a
trend is quite popular in many countries,
particularly in Dubai, because the city is very
strict about following rules and everything is
very transparent, reducing the possibility of
scams. The main advantage of investing in Dubai
Real Estate is that there are no taxes to pay.
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Reasons of Off Plan Investments in Dubai

• Brand New Property
• In a brand-new building, you can select a floor
  number or let the builder know if you prefer a
  corner unit.
• Lower Budget
• At this early stage, the buyer might be able to
  bargain for a lower price. Off-plan real estate
  is still under construction, which enables the
  buyer to purchase it for less money because there
  is less demand for it at this stage of
  development.

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• Safe to Buy
• Due to the prevalence of fraud involving off-plan
  properties in Dubai, purchasing one is risky. To
  stop this fraud, the Dubai Land Department has
  put in place a number of new regulations and
  safety measures.
• Property can be Customized
• Having the option to customize a new home is
  another benefit. If youd prefer, you can voice
  your preferences as they customize the property
  while its being built.
• Offers Higher Rental Yields
• One of the main factors influencing property
  investment in Dubai is rental income, and the
  steady influx of ex-pats doesnt appear to be
  slowing down any time soon.

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• Save Money
• You can get the best price for the property at
  the time of its creation by purchasing off-plan.
  This implies that buyers will have the option of
  selecting the best apartment within a specific
  development.
• Buyer Protection Laws
• Keep in mind the buyer protection law, which is
  enforced by the Department of Economic
  Development Abu Dhabi, if you intend to make
  numerous investments in real estate.
• Maximize the ROI
• It gives investors the freedom to select the
  best units currently under construction,
  enhancing their chances of obtaining the highest
  ROI.

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• Affordable Payment Plans
• The fact that the down payment is almost within
  the home buyers budget is another advantage of
  an off-the-plan project. In many Dubai projects,
  buyers can choose from off-plan payment options,
  which allow them to pay in smaller amounts over
  time rather than all at once.
• Property Laws
• To safeguard buyers, investors, and developers
  from delays, cancellations, and fraud, Dubai
  established the Real Estate Regulatory Authority
  (RERA) and the Dubai Land Department (DLD).

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Conclusion
There is a lot of off-plan property in Dubai, and
you can choose from well-known areas. But dont
you need help deciding which one to go
with? HomeSphere Real Estate can assist you in
this situation. Homesphere is one of the best
real estate companies in Dubai, and they can help
you find a home for your family or investment
property. We have a wide range of off-plan
properties for sale.
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To Know more about Off Plan Properties Call us
97145830857 Visit http//www.homespheregroup.c
om/ Mail info_at_homespheregroup.com
Thank you .