Off-plan projects in Dubai.

What off-plan is

An off-plan property is bought from the developer before it is built, usually at launch or during construction. You pay in stages under a payment plan, often 10–20% on booking, a share during construction and the balance at handover.

Payments go into a RERA-regulated escrow account tied to the project, and the sale is registered with the Dubai Land Department as an Oqood contract until the unit is completed.

Risks to weigh

• Delays. Handover dates can slip. Check the developer's delivery record on past projects.
• Supply. Many launches hand over in the same years. Look at what is completing nearby around your handover date.
• Exit before handover. Resale of off-plan units often needs a minimum percentage paid and developer consent.
• Cash at handover. Plans with a large final payment need a mortgage approval or funds ready at completion.
• Price versus ready stock. Compare the launch price per sq ft with completed units in the same area.

Read: off-plan vs ready property →