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What is an off-plan property?
An off-plan property refers to an unconstructed property coming directly from a developer’s end. It is a property for which only a provision is launched or minimal construction is conducted. The developers provide the brochure, floor plans, and other details for the buyers to understand the project thoroughly, and to safeguard their interest, a Sales & Purchase Agreement (SPA)/Oqood is signed. There are multiple benefits of investing in off-plan properties in UAE, some of them to note are:
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–Â High Capital Appreciation:Â Real estate in the UAE has shown to be a lucrative investment. Whether you pay in installments or a lump sum, the value of the property tends to increase during construction. Moreover, you have the option to sell it before or after completion.
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–Â Stellar Prices & Flexible Payment Options:Â Investing in real estate through off-plan properties offers affordable and practical options compared to buying already constructed developments.
HOW IT WORKS
Buying an Off-Plan Property - The Process
01 Understanding What You Need
Finding a property can often be a difficult task without having a thorough understanding of what you want. Our expert property consultants understand the property configuration you’re looking for and the areas you wish to live or work in.
02 Finding the Right Property
We help you discover some of the best offerings that align with your budget as well as keep your requirements satisfied in the best way possible. At Upstream Properties, we know it’s always personal, hence we will always understand your property needs.
03 Shortlisting the Property
After fetching you a variety of properties to opt from, we walk you through the detailed floor plans, and brochures, and also conduct site visits with you for you to understand the offering better. Once you find something preferable from the set of options offered, we can proceed towards securing the unit.
04 Getting Your Dream Home
In this competitive market where off-plan properties sell out in no time, we are known to get our clients the property they wish to have. Through our strong ties with premium developers, we can help you secure some of the best units in the city. Your dream home is just a call away with Upstream Properties.
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