Off-Plan Purchase explained

Buying a property off-plan means buying it before the construction has been completed and quite often even before the development has actually started to be built.

This might sound risky, but if you’re buying in a market where property prices are on the rise and the demand for new homes is increasing, it can have its rewards.

An unbeatable advantage of the off-plan purchase is a post-handover payment schemes, offered by many developers. This means that you can get an excellent investment with a little initial capital, whereas your investment will be paying off itself.

Buying off-plan isn’t always straightforward, however. You’ll need to do your homework on the developer and obtaining a mortgage can sometimes be tricky.

Metropolitan Premium Properties is always there for you: we understand the market, we can explain the potential of each and every project in Dubai, we work only with trusted and reputable developers and we can get you the fastest mortgage approval with our in-house mortgage advisors.

The way we help you buy your property in Dubai

Get the Availability

When your priorities are identified, our manager will begin to search for suitable options within the targeted areas. Metropolitan Premium Properties has the largest real estate availability, both off-plan and re-sale, and our agent will get you the best options in the market.

Make Sure You Like It

Our agent will give you full details on the area, infrastructure, nearby recreational facilities and amenities of the project. If you are buying a ready property, a professional viewing will be conducted by our area expert, or HD quality photos and videos will be provided for off-plan purchases, along with the samples of the finishing materials. We can also handle a professional check-up of the ready property or a handover of a newly built one, performed by our in-house engineering team with a comprehensive report of all detected, latent or suspected defects.

Agree on the Terms

We will negotiate your position with the seller and make sure you get the best possible conditions of the deal.

Our in-house conveyancing team will manage all aspects of your purchase, including drafting a sale contract covering all potential pitfalls of the deal, or answering your questions on the sale and purchase agreement from the developer. We will prepare the full set of documents, required for the purchase to be finalized, and make sure all parties are ready for the deal.

Get Your Proof of Ownership

Once the above steps are completed, we will register the deal with Dubai Land Department and get your title deed for the property if you have purchased a ready to move in unit, or, if you have purchased an off-plan property, submit all signed contracts to the developer and follow up with them for your OQOOD (interim title, replaced by a title deed once the project is completed) to be issued as soon as possible.

Benefit from Our Bespoke After-sale Concierge

We offer a great range of after-sale services for our clients, such as utility connection, interior design, property management and catering to all your new property needs which may arise at any point of your ownership. Metropolitan Premium Properties is your agent you can always rely on, and we take care of your property as if it were ours.