Fimco Real Estate, Dubai, offers an extensive range of high quality real estate services to clients, ensuring that they receive only the best professional guidance for all their real estate needs. Our track record speaks for itself, as we have always made our client’s ROI a priority with every purchase. You can trust us to apply our relevant market expertise to analyze and advise on Dubai’s best property investments. We also advise clients on available payment plans and attractive interest rates that are available for clients of any budget.
Attractive Rental Income
Rental income has made significant inroads in the real estate market in Dubai. With expats making their way steadily into the country, the demand for housing has only increased. Rental income has remained steady despite the up and down fluctuation in Dubai’s property development sector. If you own an off-plan property, expect to make high rental yields, ensuring you can enjoy financial stability in the city.
Real Estate Laws
Dubai has off-plan property laws with several measures put into place by the Real Estate Regulatory Authority (RERA) to ensure buyers are protected in their off-plan property deals. These regulations have reinforced confidence in the off-plan property market and buyers are more interested in making investments before projects reach completion.
Popular Spots
Some of the popular areas to invest in off-plan properties include Palm Jumeirah, Downtown Dubai, Jumeirah Village Triangle, Dubai Creek Harbour, Silicon Oasis and Business Bay to name a few. We will assist our clients in the process of purchasing an off-plan property throughout. We take on the complete process of securing you the best property deal with flexible payment plans and profitable investments.
Benefits In Brief of Off-Plan Property in Dubai
Affordable prices compared to fully constructed units
Flexible payment plans
Lower upfront costs
Higher capital gains once the property is completed
Purchasing off-plan involves buying a property that is not yet constructed directly from a developer. Buyers typically rely on brochures and marketing materials. Usually, a 10-20% down payment is required, followed by installment payments tied to construction progress.
Off-plan properties in Dubai encompass apartments, villas, and townhouses, each offering distinct features and benefits tailored to various buyer preferences and investment objectives.
Despite potential delays, investing in Dubai’s off-plan projects is generally considered safe. Regulatory bodies like the DLD and RERA ensure buyer protection throughout the process.
Yes, banks extend mortgages for off-plan properties, subject to specific criteria. The financing process resembles that of ready properties.
In such cases, you may qualify for a refund as outlined in your Sales Purchase Agreement (SPA).
Yes, you can sell your off-plan property prior to completion. However, settling outstanding payments and obtaining a No Objection Certificate (NOC) from the developer are necessary. Generally, off-plan properties can be sold once you’ve paid off at least 30% of the purchase price.
RERA approves and sets service fees, which cover annual maintenance costs for shared areas, ensuring communal spaces are well-maintained for residents’ benefit.
Off-plan investment in Dubai promises substantial long-term returns and flexible payment schemes, making it an appealing option for investors.
Yes, foreigners and non-residents enjoy unrestricted access to Dubai’s property market, as it is open to individuals of all nationalities.
RERA mandates various measures, including the developer’s ownership of 100% of the land, bank guarantees, or a percentage of construction completion before selling off-plan.
Absolutely. Purchasing off-plan properties in Dubai can be accomplished remotely, leveraging brochures, floor plans, and information provided by sales agents for decision-making.
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