Invest in Dubai Off Plan

What is Off Plan property?

Off Plan is a residential or commercial property development that has yet to be built. While making an investment in Off Plan may not really look like the simple choice, it is the most excellent solution for buyers, as you can gain larger yields on investments from Off Plan properties than finished units.

Why Invest in Dubai Off Plan?

Off Plan properties perform a major role in improving the real estate sector of Dubai. Almost all real estate developers of Dubai have Off Plan projects spread across the Emirates. Below are some of the reasons to invest in Dubai Off Plan projects.
  • Better returns as compared to ready projects
  • Favourable government policies for investment in real estate sector as compared to other major cities of the world.
  • Projects developed by leading property developers responsible for some of the most iconic structures in the world.
  • Flourishing Tourism sector and living environment.
  • Home of Expo 2020 which will provide a platform to network and explore new investment opportunities.
  • Visa by investment in Off Plan Property.

What is expo 2020 and why it is the best time to invest in Off Plan?

Dubai was chosen as the host of Expo 2020 in 2013.

  • The Expo will run from 1st October 2021 to 31st March 2022  
  • The expo 2020 is a festival and a platform where individuals from all over the world will come together to interact, discover new innovative ideas and formulate new business strategies that will impact all aspects of the global economy.
  • For over 6 months more than 200 participating pavilions which will include 192 countries, and millions of visitors, will all gather in the Emirate for Expo 2020 Dubai.
  • The Dubai real estate sector features some of the most lucrative investment options for home buyers due to the wide marketplace and the diversity of accessible choices developed specifically to suit the needs of property buyers in the region.
  • Dubai property developers provide plenty of offers on registration fees, service charges and waivers from Dubai Land Department (DLD).
  • New developments are developed consistently, setting up the doors for additional investing possibilities.
  • After the global economic situation due to the COVID-19 pandemic the Dubai property market has rebounded in a spectacular manner as the Expo 2020 starts.

Visa by investment in Off Plan Property

3 years renewable residency visa (husband, wife and children) has been announced which is applicable to individuals who opt to invest in residential property that is worth AED 750,000 or above.

Documents Required

  • Husband and wife can share one property of value AED 1 million or more (attested marriage certificate required)
  • Title Deed
  • Passport
  • One Personal Photo
  • Good conduct certificate from Dubai Police
  • Health Insurance
  • In case of mortgage
    From Bank: 50% of the property value or at least AED 750,000, NOC letter in Arabic and mortgage bank statement
    From Developer: Statement of Payment + Handover certificate
  • National ID for (Iran, Pakistan, Afghanistan, Iraq, Libya)
  • Current Visa

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