What is Off-Plan Property and Should You Invest in It?

Intro:
Off-plan property refers to real estate that is purchased before it is completed or even constructed. In Dubai, it’s a popular choice among investors — but it’s not without risks.

Pros of Off-Plan Investment:

• Lower Prices: Usually cheaper than ready properties.

• Flexible Payment Plans: Often 10–20% down and the rest over time.

• Capital Appreciation: Value may increase by the time of handover.

  Risks to Consider:

  • Delays in Construction

  • Developer Reliability

  • No Immediate Rental Income

  Tips:
  

  • Always check if the developer is registered with RERA.

  • Visit previous projects before booking.

  • Read all contract clauses carefully.