Off-Plan in Dubai

Dubai, often hailed as the expat's haven, witnessed a surge of nearly 100,000 new foreign residents, numerous investors from overseas, and a plethora of opportunities for relocating tourists in the year 2024.

This influx has significantly shaped the city's real estate panorama, leading to a persistent demand that outstrips the available supply. A wave of foreign investors is energetically exploring fresh real estate prospects in Dubai, with many contemplating off-plan investments, eager to claim their stake in the dynamic real estate scene!

Off-Plan Villas in Dubai

Dubai's allure for residents persists, particularly when it comes to choosing villas. The city has witnessed a surge in new developers, offering an abundance of amenities that enhance its appeal.

A recent trend in Dubai includes the introduction of several off-plan villas. Residents now have the flexibility to choose from an array of options, including twin villas, townhouses, independent homes, or even community villas. This diverse range allows individuals to find a home that perfectly aligns with their lifestyle and preferences.

Dubai Off-Plan Apartments

For foreign investors seeking lucrative returns, apartments emerge as a smart investment choice in Dubai. The rental incomes in the city are notably robust, making apartments an attractive option. In the midst of a thriving market, the anticipated returns are higher, and new projects tend to garner significant attention.

Dubai is witnessing the emergence of numerous apartment complexes, high-rises, and new towers, catering not only to affordable budgets but also offering more flexible payment plans. This presents a golden opportunity for investors to capitalise on the growing real estate landscape with a variety of options and favourable financial arrangements.

Why should you buy off-plan properties in Dubai?

Investing in off-plan properties in Dubai offers a myriad of advantages. Firstly, it provides an opportunity to secure a property at a lower cost compared to ready-to-move-in units. Additionally, off-plan purchases often come with flexible payment plans, making it more feasible for buyers. The potential for appreciation in property value from the pre-construction stage to completion is another key benefit.

Additionally, investors can customise certain aspects of their property, adding a personal touch. With Dubai's dynamic real estate market, buying off-plan allows individuals to capitalise on the city's continuous growth and development, promising a potentially lucrative return on investment.

New Developments in Dubai to Consider

We thought out our top three new developments in Dubai for 2024, that we think are definitely worth investing in:

• The Island by Wasl:
  • - A mega-project off the coast of Jumeirah.
  • - Features iconic Las Vegas hotels including MGM, Bellagio, and Aria.
  • - Estimated to have 1,400 hotel rooms.
• Emaar Beachfront:
  • - A master-planned development by Emaar Properties.
  • - Located between Dubai Marina and Palm Jumeirah.
  • - Features luxury residences with stunning views of the Arabian Sea and Dubai Marina.
• Palm Jebel Ali:
  • - A man-made island and the third Palm Island in Dubai's Palm trilogy.
  • - Larger than the Palm Jumeirah and the Dubai Islands.
  • - Planned to include a mix of residential, commercial, and leisure developments.
  • - Designed with a large crescent-shaped breakwater and a variety of waterfront properties.

New off-plan properties in Dubai in 2024:

In 2024, many new off-plan projects were announced, but some properties definitely took the spotlight, these are:

• Franck Muller London Gate :

  London Gate has partnered with the Swiss watchmaker Franck Muller to introduce Franck Muller Aeternitas, which will be a landmark project in Dubai Marina.

  Standing at an impressive 450 metres, it will be the tallest residential clock tower in the world. This development combines the serene allure of waterfront living within one of the city's most iconic districts

• Verve, City Walk :

  Sitting right in the centre of the city, Verve is a prestigious residential project featuring an exclusive collection of modern apartments and penthouses.

  With options ranging from spacious 2-bedroom units to luxurious 5-bedroom duplexes, this development can cater to a variety of people. Offering convenient access to Dubai's iconic destinations, including Jumeirah Beach and Downtown Dubai, making it an ideal choice for those seeking both luxury and accessibility.

• Burj Binghatti:

  Another tower that’s set to blow away everyone’s breath is Burj Bighatti, as this residential tower, part of Binghatti Developers' portfolio, features a distinctive design and provides panoramic views of the Dubai skyline.

  This sustainable living project spans 167,733 square metres and integrates residential apartments, office spaces, restaurants, and a Mandarin Oriental hotel, all within! The location of this standout tower is strategic, as it sits right by Dubai’s famous Burj Khalifa and the new City Walk Development. Being easily accessible via Sheikh Zayed Road, and Jumeirah, this tower sits in the centre of Dubai (quite literally). Not to mention, this location is great for those who are searching for ease and convenience!

  The key feature of this tower is its emphasis on sustainability and energy efficiency in its design. Not to mention, some of the greatest amenities one could desire!

• Marina Views:

  Marina Views is the newest addition to Rashid Yachts and Marina, which is the new global destination for discerning yacht owners, with an elegant environment where residents can find tranquillity and luxury.

  This development features modern architecture, luxury residences, and a full-service marina, complemented by an enticing mix of restaurants and shops.

• Bugatti Residences:

  This is the city’s newest branded residence with a design made with sheer opulence. The facade is built to be reminiscent of the French Riviera, offering a resort-inspired lifestyle in the heart of the city.

• One Za’abeel:

  Situated at the heart of the city, One Za’abeel is a mixed-use development that includes residential, commercial, and hospitality spaces.

  The project is set to feature the "The Linx," which is a structure connecting the two towers and hosting observation decks, retail spaces, and a hotel.

• Ciel Tower:

  Ciel Dubai is set to join the high-end residential skyline of Dubai, aiming to become the world's tallest hotel and residential building. Located in the Dubai Marina district, it is set to be 82 storeys and 365 metres high, the tower has unparalleled luxury and breathtaking views, at every corner.

  The project is designed by NORR, a London-based architect, who has included the tower to feature a 300-metre tall interior atrium, including a rooftop deck, spa, travel concierge, dining options, a swimming pool, and a business lounge, all at the disposal of residents.

• The Berkeley:

  Designed by LW Design Group and XBD Collective, The Berkeley is set to bring in high-end finishes and unique amenities. From a residents’ lounge to a serene azure pool and a kids’ playhouse, every aspect of The Berkeley is crafted to elevate the luxury living experience.

  Offering a range of fully-furnished studio, one-bedroom, and two-bedroom options, The Berkeley will have apartments with premium fixtures, private balconies, and wellness facilities.

• Damac Bay 2:

  A stunning 49-story property, located at the intersection of the iconic Palm Jumeirah and Bluewaters, it offers unparalleled access to the city's most prestigious destinations.

• Como Residences:

  Como Residences is a water-inspired tower with 71-storeys sitting on the crescent of Palm Jumeirah. Set to feature extravagant luxury resorts, high-end stores, entertainment venues and supreme dining destinations, it is set to reshape the landscape of ultra-luxury living in Dubai.

• Off-plan properties in Dubai:

  Check out all off-plan properties in Dubai here