Off-plan guide

Step into Dubai’s real estate future with our informative Off-Plan Property Guide, a blueprint for those aspiring to own a property in Dubai’s dynamic city. Our selection of properties from Top developers showcases various residences from the pinnacle of luxury to serene family homes, curated for discerning tastes. This guide is more than a list; it’s a treasure trove of insights, offering a clear path through the real estate investment landscape. 

Off-Plan Guide

Ready to Conquer Off-Plan Investments? Start Smart with Our Easy Guide.

Determine Your Objective for Purchasing

Start by deciding why you want to buy a property. Are you planning to live in it yourself, or are you looking to invest? Think about your budget, the areas you want to live in, and who the developer is. This helps you get the best prices and choose the right unit. If you're investing, it also gives you the chance to sell before it's finished and make a good profit

Choose a Trusted Real Estate Agency for Off-Plan Buying

We understand the concerns of buying off-plan, such as worries about project delays or potential fraud. By working with Provident, you gain access to recognized developers and our team of registered agents dedicated to representing you. Our engineering department ensures every detail is managed, guaranteeing the delivery of your property as promised.

 

Choose Your Ideal Property Wisely and Protect Your Investment

Select your property carefully, considering size, layout, views, and what’s included, like appliances. To safeguard your investment, learn about escrow accounts. These accounts hold your funds securely, ensuring they're only used as intended and protecting you from any misuse by the developer. This step adds an extra layer of security for your investment.

Complete the Purchase

After choosing your property, you can secure your property by signing the SPA (sales and purchase agreement) and paying an initial deposit, with your passport, a DLD fee, and an oqood fee due within 30 days. Read the SPA closely to grasp your and the developer's commitments. Consider legal advice for full clarity. Understand phased payment plans for off-plan purchases and Consider your financing options with us to navigate this process smoothly and ensure you're well-prepared for this commitment.

 

Managing your Payments

Off-plan property purchases involve phases of payments linked to construction milestones, not a lump sum upfront. You will be invoiced 30 days before payments are due. This allows ample time to arrange for payment without delay. Keep up with the contract's payment plan until you officially own the property. Reselling is typically permitted if needed. For any uncertainties regarding your payment plan, consult our agent for clarification.

 

Handover and Final Inspection

At the handover stage, you'll conduct a detailed inspection of your new property to identify any snag issues, ensuring everything is perfect before moving in. Our snagging services can provide expert assistance in this crucial step. Once satisfied, you'll make the final payment and receive your keys and access cards, with our agents guiding you through each detail for a smooth transition.

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