Dubai Off-Plan Real Estate Investments – An Introduction

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With Cityscape convention – the Middle East`s most influential real estate exhibition – now in full swing, I would like to take the opportunity to cover some considerations to be made by any investor considering to buy into off-plan real estate in Dubai.Seeing two years of price declines behind us and the „Expo 2020“ effect fuelling prospective demand, the present market situation indicates a good outlook for off-plan properties scheduled for completion before the year 2020.

Dubai`s Legal Certainty Boost for Off-Plan Investors

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Since the opening of the Dubai property market in 2002, there has been a plethora of predominantly constructive changes regarding the regulation of the Dubai property market, its players and their transactions.The latest move by the governing body RERA as well as a ruling issued by the Dubai Court of Cassation are well worth noting as they both clarify and enhance the rights of purchasers invested into off-plan property in the Emirate of Dubai.

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