Off-plan projects in Abu Dhabi
Projects in Abu Dhabi
What are off-plan projects in Abu Dhabi?
Off-plan real estate is a property under development, which is offered to buyers and investors before the end of construction. As a result, buyers can benefit from flexible payment plans. In order to acquire off-plan property, you will need to make a small down payment immediately, while the rest of the amount is paid at different stages of construction or even after its handover.
There are several advantages to obtaining off-plan projects instead of completed ones. It is more beneficial for investors, who can acquire Abu Dhabi’s off-plan real estate at a lower price and resell it at a higher rate once the project is completed. In addition, price fluctuations in the real estate market can be avoided, as the transaction has a fixed price.
If you are looking for a suitable property to live in, developers offer a wide selection of off-plan projects. You will be among the first to reserve the best real estate options if you acquire it during the construction stage. After the project’s handover, the most attractive units will most likely already be sold out.
Types of off-plan real estate
Abu Dhabi offers a wide choice of off-plan property, such as apartments and penthouses. Interested investors can also choose more spacious villas, townhouses and duplexes.
There are different price segments for off-plan property in Abu Dhabi, as the price depends on the location and the features of the upcoming development. For example, in prestigious areas of Yas Island and Saadiyat Island, prices will be significantly higher than in the more affordable districts of Masdar City or Al Shamkhah.
The starting price for an affordable off-plan one-bedroom apartment in Masdar City is AED 439K (USD 120K), however elite one-bedroom residences in the area of Saadiyat Island are offered at AED 3,7M (USD 1M).
The minimum cost of a one-bedroom off-plan penthouse on Yas Island amounts to AED 1,5M (USD 38K).
Villas with two bedrooms in Al Ghadeer are available at a starting price of AED 860K (USD 234K), while the minimum cost of a two-bedroom townhouse on Al Reem Island is AED 930K (USD 253K).
An off-plan duplex with two bedrooms in Masdar City can be obtained at an initial price of AED 837K (USD 228K).
How can we help?
Agents of Metropolitan Capital Real Estate provide a full array of intermediary services for transactions with off-plan properties in Abu Dhabi. We will help you to choose the most suitable real estate, both for residing in and investment, from reliable developers with a solid reputation. Our off-plan specialists will register and submit all the necessary documents, as well as negotiate with representatives of the developer and banks. We will save you time and money, taking on the solution of all the difficulties that may arise when dealing with off-plan projects in Abu Dhabi.
Developers may also offer different discounts and sale promotions. Our highly-experienced agents in our company will provide you with relevant information about available offers, which will make obtaining off-plan real estate even more profitable for you.