The properties or communities that are to be developed or under the construction phase are referred to as off plan, whereas the ready properties are those where the building stage is finalised.

While it may be similar to buying a ready property, off plan purchases include steps like initial booking and handover. Our Off Plan Guide can help you get started – just make sure you contact an Off Plan and Investments Consultant and clear up any questions before diving into the journey.

Payment plans depend on the developer, but some of the most common ones you may see are 80/20, 60/40, and 50/50. Referring to the first example, this means you will pay 80% during the construction of the property and 20% upon handover.

Some developers offer post-handover payment plans, meaning the second percentage can be split in a few months or years after the property is completed.

Off plan properties offer many benefits to investors looking to secure prime units with no agency fees. There’s a wide array of developments in sought after destinations with easy payment plans spread over several years. Click here to know more about off plan properties in Dubai and the advantages they offer.

There are a few differences between the two, and your choice will depend on your investment goals. Off plan properties usually attract investors looking to secure units with no agency fees and easy payment plans – on the other hand, ready properties are popular among buyers seeking immediate rental income or wanting to move into a new home soon.