What does off-plan property mean?

Signing a contract to purchase a property that has not yet been built is known as an off – plan property . It is more inexpensive for potential investors to invest in off-plan projects in Dubai than it is to purchase a built-in home, which is pricier . Dubai’s real estate market draws serious investors from around the world.

Can anyone buy a property in Dubai?

In contrast to many other nations, the real estate market in Dubai is open to anyone. You are free to purchase and own property in any of Dubai’s freehold neighborhoods.

How can properties be registered in Dubai?

Dubai Land Department is the sole, legally authorized entity to register and document all real estate transactions. This is done through an electronic system (e-register) dedicated to this purpose, in accordance with DLD’s specific procedures and based on certain documents and papers. The transactions undertaken by real estate developers are recorded through the developers’ self-registration system. The rest of the transactions must be completed by the owner(s) or their representatives, with an official power of attorney at the Real Estate Registration Trustee centres located in different regions across Dubai.

Should real estate transactions be registered in Dubai Land Department?

All real estate legislations in Dubai stress the necessity of registering all real estate transactions including ownership, transfer, or change with or without compensation in order to guarantee the rights of investors. All r eal estate transactions that are not registered in DLD’s registers are considered invalid.

What guarantee do I have that my development will be completed?

The Real Estate Regulatory Authority (RERA) has established several requirements that the developer must meet in order to help ensure that an off-plan project is finished. One of these demands that the developer possess all the project-related land. Additionally, the developer must either provide a 20% bank guarantee down payment, place 20% in an escrow account, or finish 20% of the building before selling off-plan. RERA requires contractors to present a 10% performance guarantee in addition to the procedures .

When is the completed property transferred to the Real Estate Registry and the title deed issued?

The law requires developers to register completed projects in Dubai Land Department as soon as they receive a certificate of completion from the competent authorities. Accordingly, the real estate units that have been fully paid for will be transferred from the initial register to the Real Estate Registry and issuing the title deed/usufruct certificate for the investor.

Downtown Dubai Off Plan Properties

Luxury in the heart of Dubai

Downtown Dubai is a large-scale, mixed-use complex featuring some of the city’s most iconic architecture. It is located at the epicenter of Dubai, adjacent to the Burj Khalifa, the world’s tallest building. Downtown Dubai is home to a number of luxury hotels and shopping malls, as well as a vibrant nightlife scene.

AED 2,000,000

Starting Price

Buy Directly

from developer

Providing The Ultimate Lifestyle

5 Minutes

to Dubai Mall

5 Minutes

to Burj Khalifa

10 Minutes

to Business Bay

25 Minutes

to DXB

Dubai Downtown

Downtown is also a popular tourist destination, with many visitors coming to experience its stunning skyline and unique atmosphere. If you’re looking for properties for sale in downtown Dubai, there are a number of options available. With so many different developers in Dubai, the number of off-plan properties in Downtown is continuous and in high-demand. With its central location and wide range of amenities, it is the perfect place to call home or to secure as an investment.

The neighbourhood, a hotspot for investments and housing, is the ideal fusion of a quaint way of life, urban living, and the business world. Modern, luxurious off-plan properties for sale in Downtown Dubai are available, ranging from studios to 4-bedroom apartments with breath-taking views of the Dubai cityscape. Downtown Dubai, a city inside a city, is a happy and active hub of activity.

Ideal to Raise A Family

Properties for sale in Dubai Downtown

APARTMENTS

Society House

AED 1,100,000

APARTMENTS

PENTHOUSES

St Regis Downtown

AED 2,150,000

APARTMENTS

PENTHOUSES

IL Primo The Opera District

AED 20,601,888

APARTMENTS

Emaar BLVD Heights

AED 5,773,888

APARTMENTS

Emaar BLVD Crescent

AED 1,240,000

APARTMENTS

Emaar Act One Act Two

AED 1,566,888

Why

Dubai Downtown

Dubai is a city of superlatives, and Downtown Dubai is its most dazzling district. People come from all over the world to marvel at the towering skyscrapers, luxury hotels, and designer shops. However, there’s more to Downtown Dubai than its glamorous facade. The district is also home to some of the city’s most iconic landmarks, including the Burj Khalifa, the world’s tallest building, and the Dubai Mall, the world’s largest shopping mall. With its mix of modern architecture and traditional culture, Downtown Dubai is a must for any investor or homeowner to consider.