Off-plan in Downtown Dubai: projects, payment plan, handover

Off-plan in Downtown means buying into a project under construction by Burj Khalifa and Dubai Mall: the price is fixed in the contract and you pay in instalments on the developer's plan. Per DLD data, off-plan made up 36% of Downtown sales over the last 12 months.

Off-plan in Downtown Dubai is one of the prime segments by Burj Khalifa: apartments and penthouses under construction, with a developer payment plan (instalments, not a loan). Funds flow through project escrow account at a bank as required by Dubai law for off-plan and each project's RERA registration should be checked. Current prices and timelines are available on request from the broker. Remote purchase.

Off-plan in Downtown Dubai: why

01

Price at construction stage

The price is fixed in the contract before handover; the value at handover depends on the market and is not guaranteed.

02

Developer payment plan (instalments, not a loan)

Payments follow the developer's payment plan, whose terms vary by project; funds flow through project escrow account at a bank as required by Dubai law for off-plan and each project's RERA registration should be checked.

03

Prime address

The segment offers apartments and penthouses in various layouts; current prices and indicative yields are available on request from the broker.

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FAQ

What off-plan projects are in Downtown Dubai?

Prime projects under construction by Burj Khalifa and Dubai Mall. The segment offers apartments and penthouses; current prices and handover timelines are available on request from the broker.

How much is off-plan in Downtown?

In the prime segment there are penthouses and apartments. Price is set by the Burj Khalifa view and project stage; current prices and indicative yields are available on request from the broker.

When is handover and how does the off-plan payment plan in Downtown work?

For projects in this segment, handover timelines are provided on request, with a developer payment plan (instalments, not a loan) spread to handover. Payments flow through project escrow account at a bank as required by Dubai law for off-plan, each project's RERA registration should be checked, and a remote deal is possible.

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