Dubai’s market of off-plan property has been hot for the last three years. Also, in 2017, many off-plan transactions were high compared to the secondary or its ready market as often stated. The leading developers are providing the conditions that have never seen before and the plans of payment and the buyers ready to take benefits.

An Off-plan Property 

A not constructed property is an off-plan property buying direct by the developer or in certain situations by the first owner. In the situation where the purchaser is purchasing direct from the developer at the buying time the purchaser typically makes a ten to twenty percent down payment and signs the Sales Purchase Agreement. The remaining payments, based on which developer, may vary and are typically associated with construction.