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.

Palm Jabel Ali Off Plan Properties

Luxury in the heart of Dubai

Palm Jebel Ali is a unique masterpiece of architectural and engineering art, and is a part of the archipelagos of The Palm Islands. The island resembles a date palm and is similar to the world-famous Palm Jumeirah. However, once completed, it will be twice the size of Palm Jumeirah, boasting an area of over 144M sq. ft.

Upon Request

Starting Price

Buy Directly

from developer

Embrace A Luxurious Odyssey

30 Minutes

to Marina

40 Minutes

to Downtown

45 Minutes

to DXB

30 Minutes

to DWC

Palm Jebel Ali

The project is one of the most long awaited developments in the emirate, and will become one of the most desirable areas for living and entertainment, adding 110 km to the coastline of Dubai.

The master developer of the project is Nakheel Properties, who is known for the iconic Palm Jumeirah. As Sheikh Mohammed Bin Rashid Al Maktoum, the Vice President of the UAE, Prime Minister of the UAE and the Ruler of Dubai stated, “We have vast ambitions for the future and we are confident that we can transform our grand vision for development into reality. Palm Jebel Ali will further strengthen our urban infrastructure and consolidate the city’s emergence as one of the world’s leading metropolises. This new ground breaking project reflects our strategic development plan centred on raising the quality of life and happiness of residents”.

The archipelago will consist of seven islands and will become home to over 35K residents. The exclusive project will become a popular tourist destination and the ultimate status of ultra-luxury living

A New Arc Of Luxury Living

Properties for sale in Palm Jabel Ali

VILLAS

Beach Villas

AED 18,000,000

Why

Palm Jabel Ali

The exclusive Palm Jebel Ali is a part of the Jebel Ali area. Two crescent islands are located around the trunk with fronds which are connected to the mainland of the emirate by bridges. As a result, the transport links will be improved, allowing residents to get to other key areas of Dubai within a shorter period of time.

With the help of a taxi or a private vehicle you will be able to get to any corner of the emirate. Travel time to Dubai Marina takes half an hour, while Business Bay and Downtown Dubai are both accessible within 40 minutes. Al Maktoum International Airport is within a 30-minute drive, whilst Dubai International Airport can be reached within 45 minutes.

Over 80 hotels and resorts will be located on Palm Jebel Ali. As well as leisure and entertainment destinations right across the territory of the islands, the archipelago will offer beautiful white sandy beaches, walking and jogging tracks, and green spaces that are ideal for BBQs and relaxation. A great number of children’s playgrounds will make it a perfect place for family living.