A lot of people who come to Dubai with the idea of buying a property think they’ll walk into a sales office, see a ready apartment, pay, and move in. But in reality, most of them don’t end up buying something that’s ready. They buy what’s called off-plan. Now, off-plan simply means you’re buying a property that’s still being built. You commit early, usually with a small down payment, then...
I remember when a friend signed up for a two-bedroom apartment in Dubai, the land was bare, not a single wall in sight. Fast forward three years, and it’s now a shiny tower with a gym, pool, and a coffee shop on the ground floor. He made a tidy profit before he even moved in. That’s the magic (and sometimes the madness) of off-plan property. So, What’s Off-Plan Property Anyway? In plain...
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