Apartments for sale from the developer in the UAE
The active development of unoccupied plots of land is ongoing in the United Arab Emirates, making it possible for you to choose flats for sale from developers in any part of the country. Foreign investors are attracted to Abu Dhabi and Dubai, which boast some of the highest development rates. However, other parts of the UAE like Sharjah, Ras Al Khaimah, Umm Al Quwain, Ajman and Fujairah can also offer interesting options. Each of these cities has its history, landmarks, resort areas and freehold zones where foreign buyers can have full ownership rights when they purchase real estate.
Developers in the UAE offer various types of residences, from cosy studios to premium penthouses and duplexes. With such diversity, everyone can find the right property for investment or relocation to the land of endless summer. If you buy a flat from the developer during the early stages of construction, you can resell it upon commissioning at a 20 to 30% profit. Investment apartments in the UAE can also generate a good rental income. Expats account for 88% of the country’s population and the holiday season lasts all year round, so rental apartments are always in high demand.
Apartments prices from the developer
Property prices are the lowest when sales are opened to the public. As the project’s commissioning date approaches, the value increases, so if you’re looking to purchase real estate, it makes sense to consider completed and off-plan properties. In the latter case, you can purchase apartments from the developer for investment at a reduced rate.
The prices are directly determined by the following property features:
- Location and district
- Floor area and number of bedrooms
- Project’s status and exclusivity
The more additional services are available on the premises and the more attractive the floor plans are, the higher the cost of apartments from the developer will be. That’s why homes with private pools, cinemas, maid’s rooms and other amenities are far more expensive than standard residences with just a few bedrooms.
Property prices increase consistently, as demonstrated by the UAE’s most popular cities, Abu Dhabi and Dubai. Over the past year alone, off-plan apartments in Dubai rose in value by an average of 17%. Therefore, it makes sense to study the available listings, choose the property you can afford and not delay the transaction for too long.
If you’re going to buy an apartment from developers in the UAE, the lowest and highest price will differ considerably. For instance, a one-bedroom home in Water’s Edge, a popular waterfront community in Abu Dhabi, sells for an average of AED 875,000 (USD 238,000). A similar property in Mamsha Al Saadiyat may cost AED 2.8 million (USD 762,500).
Price differences in Dubai are also evident. A one-bedroom apartment within the same community of Dubai Marina may cost from AED 1.7 million (USD 463,000) to AED 3.5 million (USD 953,000).
Buying an apartment from the developer
Our catalogue contains up-to-date listings of property in the UAE from developers. Here, you can easily find a suitable property by setting the filters in the search system and specifying the desired number of bedrooms, the neighbourhood, the specific developer, and prices in euros and dollars. Our brokers are happy to answer any questions about choosing a buy-to-live or buy-to-rent property and help you with purchasing an apartment from construction companies in the UAE. View the most exciting offers in real time!
