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.

Nad Al Sheba Off Plan Properties

Live Outside the Ordinary

Nad Al Sheba, a residential community developed by Nakheel, showcases villas in Dubai designed in the distinctive styles of the Mediterranean and Moroccan architecture. Strategically situated south of Dubai Creek, Nad Al Sheba enjoys a prime location and offers a variety of properties, including villas, apartments, and serviced apartments.

AED 3,200,000

Starting Price

Buy Directly

from developer

Luxury in the heart of Dubai

30 Minutes

to Marina

20 Minutes

to Downtown

30 Minutes

to DXB

45 Minutes

to DWC

Nad Al Sheba

Adjacent to Al Quoz, Silicon Oasis, Ras Al Khor industrial area, and Al Markada, this locale offers a variety of properties, including villas, apartments, and serviced apartments. The community is divided into five distinct areas: Nad Al Sheba 1, 2, 3, 4, and Sobha City. Notably, Sobha City is recognized for hosting annual sporting events, featuring renowned venues such as the Meydan Racecourse, The Track Meydan Golf course, the versatile polo club, and the Dubai Polo & Equestrian Club.

Nad Al Sheba has garnered popularity among investors and property buyers, especially due to its association with Meydan City. This expansive area boasts mixed-use complexes, world-class sports facilities, and cultural event venues that draw thousands of visitors. Notably, it is home to the palace of His Highness Sheikh Hamdan bin Mohammed bin Rashid Al Maktoum, Crown Prince of Dubai, and served as the venue for the weddings of Al Maktoum’s three sons in 2019. The sports complexes in Dubai, situated in this vibrant community, frequently attract celebrities from around the world.

Ideal to Raise A Family

Properties for sale in Nad Al Sheba

VILLAS

TOWNHOUSES

Nad Al Sheba Gardens

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Why

Nad Al Sheba

Nad Al Sheba emerges as an alluring choice for those seeking a residential haven in Dubai. Developed by Nakheel, this community showcases an intriguing fusion of Mediterranean and Moroccan architectural styles, offering residents a visually distinctive living experience. Its strategic location south of Dubai Creek provides easy access to key areas, bordering Al Markada to the north and Al Quoz to the west. This positioning ensures a harmonious blend of traditional and contemporary influences, appealing to a diverse range of preferences.

Nad Al Sheba not only boasts architectural diversity but also a wealth of amenities and facilities that enhance the overall quality of life. From recreational spaces to sports facilities, the community caters to various interests, making it an ideal choice for families and individuals alike. Additionally, its proximity to Al Quoz infuses cultural vibrancy, providing residents with access to art galleries, cultural events, and creative spaces. Developed with Nakheel’s expertise, Nad Al Sheba stands as a testament to quality construction, design, and community planning. Whether one seeks a family-friendly environment, cultural richness, or convenient connectivity, Nad Al Sheba encapsulates the essence of an enriched living experience in the dynamic city of Dubai.