If you’ve been following the buzz in Dubai’s real estate market, ‘Off-Plan’ is a term you must have heard several times over recent years. There’s a lot to say about off-plan real estate’s popularity. What makes them so profitable and popular? We look at all of that and list down the best off-plan projects in Dubai to help streamline your investment decisions.
Off-plan projects are under-construction units that are up for sale during the completion process. What this means for buyers and investors is reduced, affordable buying prices compared to those of ready-to-move and completed construction projects. Infact they are at an advantage of a higher ROI since the unit prices go up upon project completion at market competitive rates.
Even better, since Dubai’s introduction of freehold zones, many developers have initiated premium quality off-plan projects in these areas, including popular spots like Downtown Dubai, Business Bay, and Dubai Creek Harbour. This has encouraged foreign investors to buy and own property in Dubai, enabling the local economy to thrive at an all-time high.
Are you interested in purchasing an off-plan property in Dubai? With so many benefits like flexible payment options and an abundance of exceptional projects, one is spoilt for choice.
To make your life easy, we’ve listed down highly sought-after and some of the best off-plan projects in Dubai that offer its residents the best of urban lifestyle, luxury, and world-class amenities. You can also count on a high ROI as these projects are based in locations with promising potential and global interest.
Let’s get into it!
Best Off-Plan Projects in Dubai to Look Out For
Rukan and Rukan 2 at Dubailand
We begin our list with one of the more affordable and pocket-friendly options. Both Rukan and Rukan 2 are highly potential yet cheaper off-plan projects by the well-reputed Reportage Properties.
Rukan is a gated community located at Wadi Al Safa 7. The area comprises 800 spacious townhouses with modern facilities. Each townhouse has a dedicated parking bay and a private front and backyard. Residents can enjoy abundant green spaces, sports facilities, and a clubhouse.
The asking price for townhouses and villas at Rukan starts at AED 630K. The convenient payment plan allows for a 20% down payment and the rest of the 80% to be paid in two equal parts.
Golf Place Terraces at Dubai Hills Estate
The Golf Place Terraces is amongst the premium off-plan projects of the city. A project by the real estate giant EMAAR, Golf Place is located in the prestigious Dubai Hills Estate and as the name suggests, offers sumptuous golf course views.
Dubai Hills Estate is a magnificent community spanning 2700 acres within MBR City. Thus, it is centrally located yet gives a secluded ambient vibe. Residents at Dubai Hills enjoy the best of both worlds; the city buzz and suburban peace.
The construction plan offers a community of 128 units ranging from 4 to 7-bedroom villas. These units are built sustainably in alignment with Dubai Hills’s sustainable development initiatives. The community is loaded with amenities like recreational and health centers, schools, hospitals, and shops.
The starting cost of a 4-bedroom villa at Golf Place Terraces is AED 7,225,888 and can be purchased with a 10% down payment. The rest of the amount is paid in two installments, with 50 % during the construction period and 40% after the handover.
District One at MBR City
District One is an up-and-trending neighborhood in the heart of Dubai’s Mohammed Bin Rashid City (MBR), and one of the best off-plan projects in Dubai. It’s a project by the prestigious and well-reputed developer Meydan Sobha.
The area comprises 4-to-6-bedroom villas built with diverse architectural styles; Mediterranean, Contemporary, and Modern Arabic. Moreover, each villa offers crystal lagoon views with access to man- made beaches. With open spaces and tree-lined avenues, District One has a picturesque and peaceful ambiance that provides quality-living standards to its residents.
The asking price at District One starts at AED 6,888,700. Convenient payment plans let you purchase a villa with a 10% down payment and two installments of 50% during construction and 40% after handover.
Alaya Gardens at Tilal Al Ghaf
Tilal Al Ghaf is a swanky resort-style luxury development with 4-to-6-bedroom villas that resemble holiday homes, and another one amongst the best off-plan projects in Dubai.
Being at home will feel like being on a vacation at Tilal Al Ghaf. With easy access from Sheikh Bin Hamdan street and close to Hessa Road, this off-plan project is a fantastic investment option.
The entire area is divided into many residential zones, with Alaya Gardens being the most popular and in-demand due to its luxurious feel amidst tranquil gardens, lagoons, and white sandy beaches.
Alaya Gardens offers spacious villas with two distinct architectural styles; Urban with a wood and metal façade in a darker color palette, and Serene that comes with a neutral light color palette. Residents at Tilal Al Ghaf have a complete access to the best schools, medical facilities, eat outs, health and recreational centers.
Prices at this upscale off-plan project start at AED 8M and can be purchased with a 10% down payment and a 50-50 ratio installment plan.
If you’re a die-hard waterfront living enthusiast and looking to put your money into a place with great ocean views, but not interested in the overly populated Dubai Marina or Palm Jumeirah, look no further. EMAAR Properties’ spectacular off-plan project, EMAAR Beachfront is an ideal choice for investors seeking a fine blend of luxury waterfront living coupled with urban-chic city glamour.
EMAAR Beachfront comprises a 10 million square foot development nestled within Dubai Harbour, and by the end of its completion, it will feature 27 high-rise upscale residential apartments. Some of these units will have Marina views while the rest will face the sea.
Some of the popular projects within EMAAR Beachfront include Elie Saab, Beach Vista, Address Residences – The Bay, and Marina Vista. Starting prices vary for each project and are as follows:
- Elie Saab: AED 1,722,888
- Sunrise Bay: AED 5,424,888
- Marina Vista: AED 1,370,888
- Address Residences – The Bay: AED 2.3M
With easy access from Sheikh Zayed Road, a private entrance and exit, and modern facilities, EMAAR Beachfront is an ideal investment proposition for investors.
EMAAR South is part of the UAE’s flagship development project, Dubai South. Dubai South is a 145 km smart city aimed at becoming Dubai’s commercial hub with commercial zones running across it in addition to well-integrated residential areas.
The area has become a global focal point of attention for hosting world events like the World Expo and the Dubai Airshow and its proximity to the Al Maktoum International Airport.
Facilities for residents include parks, a golf course, and retail and dining spaces.
EMAAR South comprises unique tiered-style and conventional townhouses. Residential 1 to 4-bedroom units can be had at a starting cost of AED 1,100,888.
Find Your Dream Home in Some of Dubai’s Best Off Plan Projects
Dubai’s freehold zones and off-plan projects have accelerated a lot of real estate investments in the city. This context has made it possible for many aspiring homeowners and investors to purchase property in this city of dreams at a lesser cost and yet enjoy a higher return on their investment.
With consistent and ongoing off-plan projects underway and many more in the pipeline, there is no dearth of investment opportunities in Dubai. You could find your ideal investment or your dream home in one of these communities.