Dubai is one of the top destinations for real estate or property investment in the Middle East. The economy of the Emirate has taken a sharp rise due to its business environment & sound political infrastructure. Foreigners are more interested in Dubai as it provides lucrative returns on property investment. It is heaven for people looking to putting money in the real estate sector. Investing in off-shore properties is among the popular choices for investors, especially with attractive payment options.
Invest in Dubai off-shore properties as it will be a profitable proposition for investors looking for long-term investment. The off-shore properties in Dubai come with appealing choices & you can start investing from a small amount. The Dubai real estate market has garnered a lot of interest from local & international buyers due to its plans! The sale of the off-plan properties has sky-rocketed in recent times & the trend seems to continue in the years to follow.
Here are some of the best reasons to invest in off-plan properties in Dubai –
It helps in maximizing the ROI (Return On Investment). Buying a property in off-plan means that investors are getting the lowest possible price on a unit. It is also providing the freedom of choice to investors in selecting the best units in the development & thus the chances to gain the maximum ROI increase.
You can sell the property at a profit before completion. Investors can sell their units even before the completion of a development project at a considerable profit. You can gain profit by selling the off-shore property even before completion. This kind of short-term investment is worthwhile in the Dubai real estate market.
It requires low down payments. The down payments of the off-shore properties are much less than the completed properties. Mostly, the down payment needed for an offshore plan is 10% of the real cost as compared to 25 percent on completed projects.
It also guarantees higher rental yields. Rental income is one of the key drivers for property investment in Dubai & with the steady influx of ex-pats there are no signs of a slowdown. Chances become higher to earn a decent rental income from the real estate investment & thus providing financial security to the investors.
Being an investor in off-plan properties, one needs to be prepared for delays & collect all the relevant details before investing in the Dubai property. The off-plan property has gained popularity in recent years & those buying property in Dubai enjoy discounted prices as opposed to buying ready properties. The time is right to invest in off-shore properties as the property rates have done down significantly due to the pandemic.
The real estate market is going to peak at its earlier position as the restrictions are easing out around the world. Make sure you invest rightly in off-shore properties to attain lucrative opportunities in the real estate market. Grab the available opportunities rightly to utilize the investments in a proper way.