Ever since Dubai opened up its freehold property market, there has been a consistent supply of high-quality real estate projects for potential investors and buyers to choose from. With the abundance of off-plan projects in Dubai choosing where to put your hard-earned money can often be overwhelming To assist you make informed investment decisions, we have gathered a list of the 5 best areas with off-plan properties in Dubai, according consumer interest on Aleizba.
TOP 5 RESIDENTIAL AREAS WITH OFF-PLAN PROPERTY IN DUBAI
Because of the transparent and safe guidelines created by the Dubai Government to protect investors in the primary market, interest for off-plan properties in Dubai has surged. Take a look at some of the developments which are most popular with users on Aleizba.
1. JUMEIRAH VILLAGE CIRCLE (JVC)
In just a few years, Jumeirah Village Circle or JVC is poised to become one of the city’s most sought-after destinations, with an affordable price tag and state of the art amenities. The community will feature The Circle Mall with international retail brands, restaurants, cafes, a rooftop clubhouse, a cinema and more. Soon to follow are several hotels, bringing with them licensed food and beverage outlets, that will add to the appeal of the area.
Conceptualised as a spectacular city-within-a-city, bursting with lifestyle and recreational centres, JVC is one of the best places with off-plan apartments in Dubai. Currently, there are several off plan projects in the community that investors can consider including a healthy portfolio of studio, 1, 2, 3 and 4-bedroom apartments in JVC. Apart from the many public amenities that are offered in JVC, residents get additional benefits depending on the units they choose such as maid’s rooms, shared swimming pools, parks and more.
Investors looking to buy off-plan units in the area are most interested in the flats for sale in Pantheon Elysee. The project offers a stunning variety of studio, 1, 2, and 3-bed apartments, with prices ranging between AED 380k and AED 1.8M. You can book an apartment in Pantheon Elysee for a downpayment of AED 21k and then follow a 10-year 30/70 post handover payment plan with easy installments.
2. DUBAILAND
The mega development of Dubailand ranks third on this list of top 10 off-plan communities in Dubai. The brainchild of Dubai Holding, this community boasts six zones that will offer the ultimate combination of residential and entertainment destinations in the city.
This mammoth community is spread over an area of 3M sq.ft. and consists of apartments, villas and commercial spaces. The self-sufficient community is also home to various schools, restaurants, hospitals, and amusement parks. Residents of Dubailand are spoilt for choice when it comes to leisure options. Currently, the neighbourhood is home to the IMG Worlds Of Adventure theme park and the Dubai Miracle Garden. However, once the development is complete there will be many more exciting attractions for residents to enjoy.
If you are looking to invest in the off-plan properties in Dubai, check out the Rukan sub-community in Dubailand. The asking prices for the charming houses in Rukan start at AED 345k. These properties can be purchased with a 20% downpayment (excluding DLD fee). The remaining 80% is to be paid off in two equal parts – 40% via 2-year instalments during the construction phase and 40% in 2-year instalments post-handover.
3. DUBAI SOUTH
Covering over 145 sq.km and soon to be the official site for the Expo, Dubai South is one of the most ambitious Dubai off-plan projects in the real estate market.
Dubai South is divided into 6 major districts that surround the new Al Maktoum International Airport. This master-planned project is a fully integrated city in itself, with both commercial and residential properties. It will be connected by the new metro line Route 2020 making it accessible to the other parts of the city. It is also a free zone area catering to entrepreneurs looking to move to Dubai.
Since this is one of the new residential areas close to the EXPO 2020 site, investors can expect the ROI for the off-plan properties in Dubai South to go up in the near future. For investors looking to buy off-plan properties in Dubai South, EMAAR South offers some of the best off-plan apartments, villas and townhouses for sale in Dubai.
The prices of apartments for sale in EMAAR South start at AED 620k making it an attractive proposition for those looking at new cheap property investments in Dubai. EMAAR South also features some of the top off-plan villas in Dubai. As for the prices for EMAAR South villas, investors can expect prices to start from AED 800k.
4. DOWNTOWN DUBAI
One of Dubai’s most iconic addresses, Downtown Dubai has long been known for its apartments with spectacular views of the Burj Khalifa or the Dubai Fountains.
Master-planned by EMAAR, this neighbourhood is one that is instantly recognisable to people all over the world. With its stellar location, leisure destinations and upscale living, the area is a hit among those looking to buy property in Dubai. It also happens to be one of the most popular places with off-plan apartments in Dubai.
Downtown Views II is one such upcoming tower seeing a spike in interest from investors looking for Dubai off-plan properties. The sale prices for Downtown Views II apartments start at AED 900k and come with attractive post-handover payment plans. Investors can avail of a 25/75 post-handover payment plan when buying apartments in Downtown Views II.
5. DUBAI HILLS ESTATE
The elegant Dubai Hills Estate by EMAAR is a sustainably build community that encompasses a spectacular golf course – covering 2,700 acres in the MBR City master-development. It is a veritable city within a city!
Being centrally located yet secluded is one of the biggest charms of living in Dubai Hills Estate. Besides that, investors and potential tenants love the fact that the development offers incredible recreational and family-friendly amenities including schools, play areas, hospitals and more
Those interested in purchasing a Dubai off-plan property here are truly spoiled for choice. Currently, the most sought-after off-plan project in Dubai Hills Estate is the Golf Place villa community. The project comprises of 4, 5, 6, and 7-bedroom villas. Houses for sale in Golf Place have a starting price of AED 2.7M and come with a variety of payment plans. The Golf Place properties can be acquired at a 55/45 post completion payment plan spread across 2 years with easy instalments.
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Off Plan Dubai
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