Dubai’s real estate market has long been synonymous with opulence and innovation – a magnet for investors seeking off-plan properties. Off-plan property investment has many compelling reasons such as the potential for capital appreciation, to name a few. Moreover, Dubai’s position as a global business hub and its tax-friendly environment heighten the investors’ interest in seeking both short-term gains and long-term value.
Off-plan properties have played a crucial role in the spike of Dubai property values. Certain names like Downtown Dubai stand out among the best areas to buy off-plan property in Dubai. Let’s review the details of areas, the off-plan projects they offer and their average sales prices.
We have divided these areas into affordable and luxury segments for a better understanding.
TOP AFFORDABLE AREAS TO BUY OFF-PLAN PROPERTY IN DUBAI
Lucrative off-plan payment plans are an enticing and notable aspect for many buyers. Apart from that, the allure of luxurious living in a city known for its architectural marvels, such as the Burj Khalifa, further fuels the demand for off-plan properties. In the affordable segment, many areas like Al Furjan and Arjan offer top off-plan projects in Dubai for investment.
Let’s explore the specifics of the top affordable areas to buy off-plan property in Dubai.
ARJAN
Arjan, an emerging district in Dubailand, is a freehold area in Dubai. It is known as the home of the iconic Dubai Miracle Garden and Dubai Butterfly Garden. Although the area is still in the development phase, several properties for sale in Arjan offer basic facilities such as easy access to public transport plus healthcare centres and schools.
As for the off-plan projects, Arjan offers many options that are a sound investment option. Some of them are:
OFF-PLAN PROJECTS | AVERAGE SALES PRICE |
|---|---|
OFF-PLAN PROJECTS Beverly Boulevard | AVERAGE SALES PRICE AED 863,000 |
OFF-PLAN PROJECTS Skyz by Danube | AVERAGE SALES PRICE AED 568,000 |
OFF-PLAN PROJECTS Vincitore Volare | AVERAGE SALES PRICE AED 904,000 |
AL FURJAN
Al Furjan is known for its family-friendly environment and offers several benefits of a gated community. From restaurants to fun-filled activities and fitness clubs, the area offers it all. In addition, buying a property in Al Furjan offers many perks such as proximity to key business districts and a well-rounded community lifestyle.
Al Furjan is also among the top areas with the best off-plan projects in Dubai. These off-plan projects have helped the quaint community gain recognition in the UAE’s massive real estate landscape.
OFF-PLAN PROJECTS | AVERAGE SALES PRICE |
|---|---|
OFF-PLAN PROJECTS Equiti Arcade | AVERAGE SALES PRICE AED 1,355,000 |
OFF-PLAN PROJECTS Azizi Pearl | AVERAGE SALES PRICE AED 854,000 |
OFF-PLAN PROJECTS Gemz by Danube | AVERAGE SALES PRICE AED 1,304,000 |
JUMEIRAH LAKE TOWERS (JLT)
Jumeirah Lake Towers (JLT) is a dynamic residential and commercial community in Dubai, comprising 26 clusters. Located near Dubai Marina, JLT offers convenient access to major highways and features a mix of apartments, offices and retail spaces. With a waterfront promenade and an urban environment, buying a property in JLT is a balanced choice for a modern lifestyle.
The area also encompasses several off-plan projects. Some of the latest developments include:
OFF-PLAN PROJECTS | AVERAGE SALES PRICE |
|---|---|
OFF-PLAN PROJECTS Wind Towers | AVERAGE SALES PRICE AED 2,500,000 |
OFF-PLAN PROJECTS Sobha Verde | AVERAGE SALES PRICE AED 2,678,000 |
OFF-PLAN PROJECTS Upper House | AVERAGE SALES PRICE AED 2,076,000 |
DUBAI RESIDENCE COMPLEX
Dubai Residence Complex is a significant part of Dubailand. The master development provides a myriad of amenities such as retail outlets, parks and restaurants. The houses and flats for sale in Dubai Complex Residence are known for giving high returns, a major reason to invest in off-plan properties in Dubai.
Here are the latest off-plan projects in the Dubai Residence Complex.
OFF-PLAN PROJECTS | AVERAGE SALES PRICE |
|---|---|
OFF-PLAN PROJECTS Time 2 | AVERAGE SALES PRICE AED 819,000 |
OFF-PLAN PROJECTS AG Square | AVERAGE SALES PRICE AED 568,000 |
OFF-PLAN PROJECTS AG Seven | AVERAGE SALES PRICE AED 690,000 |
DUBAI SPORTS CITY
Dubai Sports City is another popular place to buy off-plan property in Dubai. The multi-venue area encompasses several apartment buildings and is a known haven for sports enthusiasts. As the name suggests, numerous sport-related amenities surround houses and flats in Dubai Sports City, promoting a healthy lifestyle.
Speaking of off-plan projects in the area, there are quite a few. Some of them are:
OFF-PLAN PROJECTS | AVERAGE SALES PRICE |
|---|---|
OFF-PLAN PROJECTS Vista by Prestige One | AVERAGE SALES PRICE AED 1,068,000 |
OFF-PLAN PROJECTS Samana Golf Views | AVERAGE SALES PRICE AED 1,071,000 |
OFF-PLAN PROJECTS V2 | AVERAGE SALES PRICE AED 1,144,000 |
TOP LUXURY AREAS TO BUY OFF-PLAN PROPERTY IN DUBAI
In the luxury property segment, there is also an abundance of off-plan projects. For instance, Bugatti Residences by Binghatti is a grand addition to Dubai’s real estate portfolio, explaining the diversity the city offers in the property market.
Let’s move on to the luxury areas to buy off-plan property in Dubai.
BUSINESS BAY
Business Bay, fringed along the Dubai Water Canal, houses towering skyscrapers of multinational corporations, financial institutions and residential developments. It is a dynamic and rapidly evolving business hub and is connected to major UAE highways.
Moreover, when you purchase a property in Business Bay, a cosmopolitan lifestyle is a given. As for the off-plan projects, the area has several that add to the cityscape.
OFF-PLAN PROJECTS | AVERAGE SALES PRICE |
|---|---|
OFF-PLAN PROJECTS Peninsula | AVERAGE SALES PRICE AED 2,495,000 |
OFF-PLAN PROJECTS Nobles Tower | AVERAGE SALES PRICE AED 2,453,000 |
OFF-PLAN PROJECTS Bugatti Residences by Binghatti | AVERAGE SALES PRICE AED 750,000,000 |
DOWNTOWN DUBAI
Downtown Dubai is also on our list of areas to buy off-plan property in Dubai. The area is home to the iconic Burj Khalifa and a myriad of upscale amenities. Additionally, properties for sale in Downtown Dubai encompass different apartment configurations under various budgets.
Downtown Dubai is also a top area offering the best off-plan projects in Dubai as per dubizzle’s property sale market report 2023.
OFF-PLAN PROJECTS | AVERAGE SALES PRICE |
|---|---|
OFF-PLAN PROJECTS Society House | AVERAGE SALES PRICE AED 2,471,000 |
OFF-PLAN PROJECTS St. Regis The Residences | AVERAGE SALES PRICE AED 4,094,000 |
OFF-PLAN PROJECTS City Center Residences | AVERAGE SALES PRICE AED 3,114,000 |
DUBAI HILLS ESTATE
Encompassing an area of 11M metres square, Dubai Hills Estate offers both off-plan and ready properties. Residents of the area can easily travel to the rest of the city via Dubai Metro plus enjoy leisure time at the expansive golf course.
About properties for sale in Dubai Hills Estate, you can choose from flats, houses and townhouses. The area also has several off-plan projects that are a viable investment opportunity.
OFF-PLAN PROJECTS | AVERAGE SALES PRICE |
|---|---|
OFF-PLAN PROJECTS Elvira | AVERAGE SALES PRICE AED 2,217,000 |
OFF-PLAN PROJECTS The Grove by Iman | AVERAGE SALES PRICE AED 1,902,000 |
OFF-PLAN PROJECTS Golf Grand | AVERAGE SALES PRICE AED 2,132,000 |
DUBAI CREEK HARBOUR
Developed by Emaar, Dubai Creek Harbour boasts a lavish lifestyle and is divided into nine districts. Many projects in the self-contained community are still in progress while properties to buy in Dubai Creek Harbour offer a healthy ROI. You can choose from different apartment types that suit your preferences.
OFF-PLAN PROJECTS | AVERAGE SALES PRICE |
|---|---|
OFF-PLAN PROJECTS Palace Residences | AVERAGE SALES PRICE AED 2,425,000 |
OFF-PLAN PROJECTS Grove | AVERAGE SALES PRICE AED 2,200,000 |
OFF-PLAN PROJECTS The Cove II | AVERAGE SALES PRICE AED 2,333,000 |
SOBHA HARTLAND
When it comes to popular off-plan property investment areas in Dubai, Sobha Hartland is a prominent name. Buying a property in Sobha Hartland gets you access to world-class amenities, outdoor facilities and a well-developed transport network. Besides, the emerging community has numerous investment opportunities that attract buyers.
OFF-PLAN PROJECTS | AVERAGE SALES PRICE |
|---|---|
OFF-PLAN PROJECTS The Crest | AVERAGE SALES PRICE AED 2,178,000 |
OFF-PLAN PROJECTS Creek Vistas Grande | AVERAGE SALES PRICE AED 2,327,000 |
OFF-PLAN PROJECTS Crest Grande | AVERAGE SALES PRICE AED 2,208,000 |
FAQs
Where can you buy off-plan properties in Dubai?
There are many areas to buy off-plan property in Dubai such as Downtown Dubai, Arjan, Business Bay and JLT.
What are the risks of off-plan in Dubai?
Investors in Dubai’s off-plan property market should be aware of potential delays and market fluctuations. Thorough research and staying informed are crucial to navigating these challenges effectively.
Can I sell my off-plan property in Dubai?
Yes, you can sell your off-plan property in Dubai after you have paid a certain amount to the developer and fulfilled the requirements set by the developer.
This wraps up our list of top areas to buy off-plan property in Dubai. These areas offer lucrative opportunities to investors and allow them to own a real estate unit in the megacity. You can go through these FAQs for off-plan property in Dubai to clear any confusion.
Moreover, if you are looking to invest in this diverse city, here are properties for sale in Dubai under different budget umbrellas.
For more on off-plan properties in the UAE and where you can buy them, keep reading dubizzle’s property blog.
