Buying Properties in Dubai

Off-plan properties are real estate developments that are being built or are in the planning stages but have not yet been completed.

They are typically marketed and sold to buyers during the construction, often at a discounted price compared to properties that are ready. Off-plan properties can be a good opportunity for buyers to get in on the ground floor of the development and potentially secure a good deal, but they also carry some risks as the final product may not be exactly same as described or may not be completed on time.

Buyers of off-plan properties typically put down a deposit and agree to pay the balance when the property is completed. This means that they are essentially investing in the development and taking on some risk in terms of the final quality and value of the property. Buyers need to do their due diligence and carefully consider the risks and rewards of investing in off-plan properties before making a decision.