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5 Top Off Plan Properties in Downtown Dubai That’s Stealing Foreign Investors Interest

real estate
3 October 2024

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If you are an investor looking for a great deal to increase your capital, Dubai’s real estate market is perfect for you. It is a dream come true for every foreign investor to find projects in their early stages that will multiply their worth once they are completed. Off plan properties in Dubai Downtown offer perks that can grab the interest of foreign investors at first glance. 

 

Other than their future worth, these projects have a lot more to offer. This includes easy and simple payment plan installments. You can also invest in these projects at a low cost and enjoy the ultimate benefits in the next few years. 

Benefits of Buying Off Plan Property in Dubai Downtown

Dubai's real estate market is at its peak in 2024. This means that buying off plan properties in Dubai downtown is something that you must consider once. 

 

Here are some benefits that may convince you to invest in Dubai’s downtown projects: 

 

  • You Can Get Flexible Payment Options: Some payments include 50% upfront and the rest once the project is completed. 

 

  • Exponential Growth In Market: In addition to its lavish lifestyle, Dubai downtown is also well known for its property as an investment option. Investors can invest in off-plan property and sell it before the project is completed with big profits. 

 

  • Variety of Projects: From District One Villas to Palm Beach Tower 2, Dubai downtown provides a variety of projects where investors can put their capital. Although the projects are versatile, each has a notable worth in the Emirate’s real estate. 

5 Off Plan Properties in Dubai Downtown Worthy To Invest In

Grand Bleu Tower 2

Source: drehomes.ae

If you are an investor looking for secure and profitable off-plan properties in Dubai, Grand Bleu Tower 2 is the perfect pick. Located in the Emaar Beachfront community, this tower has a luxurious feel. While Tower 1 has received a lot of praise from investors, the builders have introduced Dubai’s real estate with this state-of-the-art infrastructure.

  • This elegant tower is located within a few minutes of driving from Dubai Marina, Dubai.

 

  • This project was introduced by the well-known off-plan property developer, who is involved in worldwide recognized projects like Burj Khalifa.

 

  • The pricing plan for its one-bedroom apartment, which is 793.62 sq.ft., starts from AED 2,158,888, while its two-bedroom apartment, which is 1,553.02 sq.ft., starts from AED 4,116,888.

 

Taormina Village

Source: Property Finder

 

Taormina Village is a newly introduced luxury community with 4-5 bedroom villas and 530 3-4 bedroom townhouses. Each house and villa in Taormina Village is about 2,617.57 sq.ft. to 2,956.07 sq.ft. and has branded fixtures and premium fittings. This elegant community also offers wide parking spaces, a dedicated BBQ area, a high-tech gym, and jogging tracks. 

 

  • Closest Notable Attractions: Global Village, Zayed University and Dubai Mall.

 

  • Plans for Payment: 30% down payment at the time you book and the rest 70% as a 1% installment per month. 

 

Silver Springs Villas

Source: https://www.propfloor.com

The project was developed by Damac Properties, a name that needs no introduction. They are one of the most trustworthy names in the UAE’s real estate market because of their over 1200+ successful projects. If you are looking for the off plan properties in Dubai Downtown to invest in, you can put all your faith in Silver Spring Villas. By having 30 ultra-luxurious 4-bedroom villas, this project offers worthy investment options with fruitful returns. 

 

  • This premium project is located at Umm Suqiim Road. 

 

  • Damac Properties is the developer of this project. They have already established their name by introducing known projects, including Radisson Hotel, Akoya Oxygen, and Trump Estate. 

 

  • Their villas range from 2,097 sq.ft. to 2,146 sq.ft., and the cost starts from ED 1,900,000.

 

Rukan 2

Source: UAE Off-Plan

 

After the successful launch of phase 1, Reportage Properties has introduced phase 2 of their edition - Rukan 2. This project has everything that makes it a good option for residents to live in and a perfect investment option for investors.  For many, investing in luxury projects, especially in Dubai, is too costly. Rukan 2 has made this easy with its affordable plans for buying off plan property. 

 

  • This project is located in Dubai Land, Dubai, at Wadi-Al-Safa. 

 

  • Formed in 2014, the project’s developers are Reportage Properties, a well-known name in the real estate industry. 

 

  • The project’s size starts from 927 sq.ft., and the price ranges from AED 628,000.

 

Mirage The Oasis

Source: Top Luxury Property

 

Mirage The Oasis has 204 villas, and this project is a sub-community of the Oasis by Emaar. Sizes range from 1,163 sq. ft. to an impressive 12,718 sq. ft., and every 5-6 bed villa has its own ground plus 2-story elevation. This project offers a luxury sauna, pool, spa, gym, and Kid’s play zone. Considering this property, investors are making a safe investment with potential capital growth. 

 

  • The developers of this project are Emaar Properties, a trusted name that puts innovation in each project. 

 

  • Many foreign investors are interested in this project as multiple famous places are near it, including Burj-ul-Arab and Sheikh Zayed Road.

 

  • The project price range starts from AED 15,800,000

Conclusion

Gone are the days when Dubai was just a tourist spot. Now, this place has become a landmark for investors who want to invest in its infrastructure. Buying off plan properties in Dubai Downtown means a great opportunity for investors to increase their capital and invest in projects with a bright future in the real estate world. 

 

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