In Dubai property, demand for luxury homes, Dh2m Golden Visas sets up best Q1 sales in 10 years
Golden Visas, luxury homes fire up Dubai offplan property sales, and with more to come
Dubai: The Dubai property market is right in the middle of another offplan sales boom, with buyers signing up for projects where developers are willing to go as low as 5-10 per cent on down payments and with full waiver of registration and other fees.
In some cases, the down payment can be as low as 1 per cent or even a flat Dh50,000, and you are on the way to buying a home. These days, investors are more particular about the size of their upfront payments than about whether they have 3-5 year post-handover payment plans.
Plus, of course, at the luxury end of the Dubai property market, demand continues to hover at its peak, with buyers turning to new super-premium offplan projects because there just aren’t enough similar ready homes listing any longer.
