How to buy an offplan property in Dubai?

The process of buying an off-plan property in Dubai typically involves the following steps:

1. Research: Choose the right location, developer, and property that best fits your needs and budget.
2. Reserve the property: Put down a reservation fee to secure the property.
3. Sign the sale agreement: Review and sign the sale agreement that outlines the terms and conditions of the purchase.
4. Pay the down payment: Usually, off-plan properties require a down payment of around 10-20% of the total purchase price.
5. Obtain a mortgage (if needed): Arrange for financing through a mortgage or other means if necessary.
6. Wait for completion: Wait for the construction of the property to be completed.
7. Final payment: Pay the remaining amount and take possession of the property.

It’s important to have a real estate agent and a lawyer who can assist you in navigating the process and ensuring that everything is done legally and correctly.