Dubai Science Park Off Plan Properties

Luxury in the heart of Dubai

Dubai Science Park (DSP) is a free zone located in Dubai, United Arab Emirates. It is a dedicated science and technology park that aims to promote scientific research, innovation, and development in various industries. Established in 2005, DSP has since become a vibrant ecosystem for businesses and institutions in the fields of science, healthcare, and technology.

AED 800,000

Starting Price

Buy Directly

from developer

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Luxury in the heart of Dubai

28 Minutes

to Palm Jumeirah

12 Minutes

to Downtown

22 Minutes

to DXB

4 Minutes

to Dubai Hills Mall

Dubai Science Park

The park covers an area of approximately 30 million square feet and offers state-of-the-art facilities and infrastructure to support the growth of companies operating in the science sector. It provides a conducive environment for collaboration, knowledge sharing, and networking among researchers, entrepreneurs, and industry professionals.

DSP focuses on several key sectors, including pharmaceuticals, biotechnology, life sciences, renewable energy, environmental sciences, and laboratory equipment. The park accommodates a wide range of companies, from startups to multinational corporations, offering various licensing options and support services to facilitate their operations.

One of the notable features of Dubai Science Park is its strategic partnerships with leading academic and research institutions, both locally and globally. These collaborations foster innovation, research, and development activities within the park. DSP also provides access to a pool of skilled professionals, ensuring a talent pipeline for companies within the science and technology sectors.

Ideal to Raise A Family

Dubai Science Park

APARTMENTS

Binghatti Hills Phase 3

777.77K AED

APARTMENTS

Al Habtoor Tower

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Why

Dubai Science Park

Dubai Science Park (DSP) is a free zone located in Dubai, United Arab Emirates. It is a dedicated science and technology park that aims to promote scientific research, innovation, and development in various industries. Established in 2005, DSP has since become a vibrant ecosystem for businesses and institutions in the fields of science, healthcare, and technology.

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How to Buy

in Dubai

Signing a contract to purchase a property that has not yet been built is known as an offplan 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. 

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. 

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. 

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 real estate transactions that are not registered in DLD’s registers are considered invalid.

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. 

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. 

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