The Dubai real estate market is a major attraction for investors – both locals and expats. What makes it distinctive from other real estate hubs in the world is the variety it offers to interested buyers. Dubai’s real estate sector caters to people of every interest and financial strata. In this real estate market, the off-plan projects in Dubai are the best bet to make a secure investment for the future.
What are Off-Plan Projects?
Off-plan properties are projects that are under construction and are available for direct purchase from the developers. These projects typically offer comprehensive payment plans; the payment plan or instalments are spread across a 5 to 7 years timeline, both before and after handover.
Top Projects for a Secure Investment
Dubai is filled with many off-plan projects, and new ones are always in the development phase. This gives investors a number of viable options to select a property worth investing in. We have listed the top ones in this article so you do not have to worry about doing the hectic task of research.
Zada Residences Tower
This project is located in Business Bay – the middle of two famous neighborhoods: Downtown Dubai and Jumeirah. Its central location will give its residents close access to supermarkets, the iconic Dubai Mall, high-end dining outlets, etc. Zada Residences Tower will have many shared facilities including a swimming pool and wellness center.
Zada Residences Tower is being developed by DAMAC Properties; it is going to be a magnificent addition to the current range of high-rise towers in Business Bay. From the current development plans, we know that it’s going to feature luxury 1-bedroom apartments – a perfect residential option for single professionals and young couples.
District One Villas
Located in Dubai’s Meydan area, District One is a part of the iconic MBR City. It is a modern property project with futuristic architecture. District One Villas is an off-plan project where you can invest in luxurious villas District One.
These Villas have a promising future and the investment made today can result in a manifold increase in the future. Also, the location is prime; Meydan Racecourse and Meydan One Mall are in close proximity. Overall, this is an expensive investment opportunity, but it is definitely the one that can yield the best results.
Elie Saab Residences II
Elie Saab Residences II is a wonderful project under development that will offer 1,2,3,4-bed residence including villas and penthouses. Located in Emaar Beachfront, it has a promising future if you are looking to invest.
This project overlooks the Arabian Sea, so the views are vast and the residents will get to have a beach as well. The housing units are to have exquisite interiors with modern amenities. In short, luxury and value for money amalgamate to develop the Elie Saab Residences.
La Rosa 4
Next on our list of top off-plan projects in Dubai is Losa 4. Backed up by the excellent success of La Rosa in the real estate market, La Rosa 4 is a great choice for investment. The project is being developed by Dubai Properties – the developers with a proven record of success.
Located on Emirates Road, La Rosa 4 lies in the idle of Al Ain and Al Qudra Roads. This makes its location an appealing attraction for prospective residents. La Rosa 4 focuses on creating an eco-friendly community; the project will abode beautiful plants and dense trees. As per its reputation, La Rosa 4 will offer a luxurious lifestyle to its residents.
Located in the famous Jumeirah Village Circle or JVC, Bloom Heights is a new off-plan project that is set to attract plenty of investors of all sorts. Being in close proximity with top destinations like Palm Jumeirah, Mall of the Emirates, and Dubai Marina, Bloom heights is well-connected with the rest of the Emirates.
The project is going to feature modern 1,2 and 3-bed flats equipped with all the modern facilities so the residents can enjoy the luxurious lifestyle Dubai is famous for. Shared facilities will include a gym, jogging track, two swimming pools, and multiple markets.
With this article, we have tried to make your task of finding off-plan projects in Dubai easier. Thanks to the influx of continuous addition to the off-plan properties, Dubai offers great diversity to its investors.
Before jumping into these projects, make sure you have proper consultancy and are aware of the possible risks.