All people believed that if you will buy an off-plan home will be cheaper than a ready-to-move home but actually, that was the old age and the new age of real estate investment start now.
A lot of expert reports show that the prices of the off-plan home increased by 45% over the last year while the prices of ready-to-move properties increased by 14%, and after the Corona pandemic there is an increase in demand from the buyers have more spaces and unique projects in the area.
Despite being more expensive, off-plan projects are not preferred by many, since most people are uncomfortable purchasing something that isn’t ready, and they cannot visualize it in reality.
As well as the locations of these new projects played a major role in increasing prices, as the recent wave of new projects was close to the heart of Dubai so if you want to check where is the newest location for this project you will find:
- Jumeirah
- Dubai Water Canal
- * Safa Park, and * Al Wasl
- Zaebeel Park
- Business Bay
- Jumeirah Village Circle
- Jumeirah Village Triangle
- Al Furjan
and many more projects in prime locations in Dubai, which means only one thing: the demand for off-plan projects is at a high level.
And sure the new ancillary features of these projects that differ from one project to another were the reason for the increased demand for these projects.
Such as:
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- Private swimming pools
- Distinguished clubs
- Privat Parking for each unit
- Health Club
- Barbeque Area
- Some developers provide fully furnished units
And a lot of luxury amenities so You’ll never run out of amazing facilities.
In addition, the popularity of a neighbourhood and locality plays an important role in property market value appreciation. If the surrounding area is still under development at the time of your off-plan purchase but is gradually becoming a well-rounded community, then its market value. For more details check Al Zaeem Real Estate off plans and ready to move projects.
Contact US Al Zaeem Real Estate in Abu Dhabi, UAE
