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The Pros and Cons of Off-Plan Purchases
Buying off-plan in the UAE offers lower entry prices and flexible payment plans but carries risks. Advantages include price discounts (up to 30%) and early selection of prime units. However, projects may face delays or cancellations. Dubai's escrow law protects buyers by requiring developer funds to be held in secure accounts. Thorough due diligence on the developer's track record is essential before committing.
Current off-plan projects with verified developer credentials can be found on Emirates.Estate.
Buying off-plan in the UAE offers lower entry prices and flexible payment plans but carries risks. Advantages include price discounts (up to 30%) and early selection of prime units. However, projects may face delays or cancellations. Dubai's escrow law protects buyers by requiring developer funds to be held in secure accounts. Thorough due diligence on the developer's track record is essential before committing.
Current off-plan projects with verified developer credentials can be found on Emirates.Estate.