- AKOYA Oxygen
- Jumeirah Village Circle (JVC)
- Dubailand
- Dubai South
- Downtown Dubai
- Dubai Hills Estate
- Business Bay
- MBR City
- Palm Jumeirah
- Arabian Ranches 3
Ever since Dubai opened up its freehold property market, there has been a steady supply of high-quality real estate projects for potential investors and buyers to choose from. With the abundance of off-plan projects in Dubai deciding where to put your hard-earned money can often be overwhelming To help you make informed investment decisions, we have compiled a list of the 10 best areas with off-plan properties in Dubai, as per consumer interest on Bayut.
TOP 10 RESIDENTIAL AREAS WITH OFF-PLAN PROPERTY IN DUBAI
Thanks to the transparent and safe guidelines created by the Dubai Government to safeguard investors in the primary market, interest for off-plan properties in Dubai has surged. Take a look at some of the developments which are most popular with users on Bayut.
AREA | PROJECT | PROPERTY TYPE |
|---|---|---|
AREA AKOYA Oxygen | PROJECT Albizia | PROPERTY TYPE Villas & Townhouses |
AREA Jumeirah Village Circle (JVC) | PROJECT Pantheon Elysee | PROPERTY TYPE Apartments |
AREA Dubailand | PROJECT Rukan | PROPERTY TYPE Villas & Townhouses |
AREA Dubai South | PROJECT EMAAR South | PROPERTY TYPE Apartments, Villas & Townhouses |
AREA Downtown Dubai | PROJECT Downtown Views II | PROPERTY TYPE Apartments |
AREA Dubai Hills Estate | PROJECT Golf Place | PROPERTY TYPE Villas |
AREA Business Bay | PROJECT Zada Residence | PROPERTY TYPE Apartments |
AREA Mohammed Bin Rashid (MBR) City | PROJECT District 7 | PROPERTY TYPE Apartments, Villas & Townhouses |
AREA Palm Jumeirah | PROJECT Se7en Residences | PROPERTY TYPE Apartments |
AREA Arabian Ranches 3 | PROJECT Ruba | PROPERTY TYPE Villas & Townhouses |
1. AKOYA OXYGEN
Developed by DAMAC Properties, AKOYA Oxygen is the most searched for community to buy off-plan property in Dubai for 2020.
A self-sufficient neighbourhood with its own well-planned network of roads, an abundance of convenient amenities including special pathways for bicycles, AKOYA Oxygen offers an excellent option for prospective buyers keen on well-integrated living at a reasonable cost. The community also has its own lifestyle, retail and recreational spaces, along with cafes and restaurants to satisfy every taste bud.
One of the key elements of AKOYA Oxygen is its commitment to greenery and sustainability. The development prides itself on its verdant landscapes that make you feel like you’re a world away from the skyscrapers in other parts of the city. The villas for sale in AKOYA Oxygen are also built using energy-efficient materials and processes in an effort to reduce carbon footprint and enhance sustainability.
AKOYA Oxygen is known for having some of the best off-plan villas for sale in Dubai. One of the off-plan villa communities within AKOYA Oxygen that has attracted investor attention is the luxurious Albizia. Master-planned by DAMAC, the houses in Albizia villa cluster in AKOYA Oxygen comprise of stunning 3 and 6-bedroom villas, with prices starting from AED 760k. The payment plans for Albizia properties require 14% down payment, with the remaining amount to be covered in 12 equal 90-day installments.
2. JUMEIRAH VILLAGE CIRCLE (JVC)
In just a few years, Jumeirah Village Circle or JVC is poised to become one of the city’s most sought-after destinations, with an affordable price tag and state of the art amenities. The community will feature The Circle Mall with international retail brands, restaurants, cafes, a rooftop clubhouse, a cinema and more. Soon to follow are several hotels, bringing with them licensed food and beverage outlets, that will add to the appeal of the area.
Conceptualised as a spectacular city-within-a-city, bursting with lifestyle and recreational centres, JVC is one of the best places with off-plan apartments in Dubai. Currently, there are several off plan projects in the community that investors can consider including a healthy portfolio of studio, 1, 2, 3 and 4-bedroom apartments in JVC. Apart from the many public amenities that are offered in JVC, residents get additional benefits depending on the units they choose such as maid’s rooms, shared swimming pools, parks and more.
Investors looking to buy off-plan units in the area are most interested in the flats for sale in Pantheon Elysee. The project offers a stunning variety of studio, 1, 2, and 3-bed apartments, with prices ranging between AED 380k and AED 1.8M. You can book an apartment in Pantheon Elysee for a downpayment of AED 21k and then follow a 10-year 30/70 post handover payment plan with easy installments.
3. DUBAILAND
The mega development of Dubailand ranks third on this list of top 10 off-plan communities in Dubai. The brainchild of Dubai Holding, this community boasts six zones that will offer the ultimate combination of residential and entertainment destinations in the city.
This mammoth community is spread over an area of 3M sq.ft. and consists of apartments, villas and commercial spaces. The self-sufficient community is also home to various schools, restaurants, hospitals, and amusement parks. Residents of Dubailand are spoilt for choice when it comes to leisure options. Currently, the neighbourhood is home to the IMG Worlds Of Adventure theme park and the Dubai Miracle Garden. However, once the development is complete there will be many more exciting attractions for residents to enjoy.
If you are looking to invest in the off-plan properties in Dubai, check out the Rukan sub-community in Dubailand. The asking prices for the charming houses in Rukan start at AED 345k. These properties can be purchased with a 20% downpayment (excluding DLD fee). The remaining 80% is to be paid off in two equal parts – 40% via 2-year instalments during the construction phase and 40% in 2-year instalments post-handover.
4. DUBAI SOUTH
Covering over 145 sq.km and soon to be the official site for the Expo, Dubai South is one of the most ambitious Dubai off-plan projects in the real estate market.
Dubai South is divided into 6 major districts that surround the new Al Maktoum International Airport. This master-planned project is a fully integrated city in itself, with both commercial and residential properties. It will be connected by the new metro line Route 2020 making it accessible to the other parts of the city. It is also a free zone area catering to entrepreneurs looking to move to Dubai.
Since this is one of the new residential areas close to the EXPO 2020 site, investors can expect the ROI for the off-plan properties in Dubai South to go up in the near future. For investors looking to buy off-plan properties in Dubai South, EMAAR South offers some of the best off-plan apartments, villas and townhouses for sale in Dubai.
The prices of apartments for sale in EMAAR South start at AED 620k making it an attractive proposition for those looking at new cheap property investments in Dubai. EMAAR South also features some of the top off-plan villas in Dubai. As for the prices for EMAAR South villas, investors can expect prices to start from AED 800k.
5. DOWNTOWN DUBAI
One of Dubai’s most iconic addresses, Downtown Dubai has long been known for its apartments with spectacular views of the Burj Khalifa or the Dubai Fountains.
Master-planned by EMAAR, this neighbourhood is one that is instantly recognisable to people all over the world. With its stellar location, leisure destinations and upscale living, the area is a hit among those looking to buy property in Dubai. It also happens to be one of the most popular places with off-plan apartments in Dubai.
Downtown Views II is one such upcoming tower seeing a spike in interest from investors looking for Dubai off-plan properties. The sale prices for Downtown Views II apartments start at AED 900k and come with attractive post-handover payment plans. Investors can avail of a 25/75 post-handover payment plan when buying apartments in Downtown Views II.
6. DUBAI HILLS ESTATE
The elegant Dubai Hills Estate by EMAAR is a sustainably build community that encompasses a spectacular golf course – covering 2,700 acres in the MBR City master-development. It is a veritable city within a city!
Being centrally located yet secluded is one of the biggest charms of living in Dubai Hills Estate. Besides that, investors and potential tenants love the fact that the development offers incredible recreational and family-friendly amenities including schools, play areas, hospitals and more
Those interested in purchasing a Dubai off-plan property here are truly spoiled for choice. Currently, the most sought-after off-plan project in Dubai Hills Estate is the Golf Place villa community. The project comprises of 4, 5, 6, and 7-bedroom villas. Houses for sale in Golf Place have a starting price of AED 2.7M and come with a variety of payment plans. The Golf Place properties can be acquired at a 55/45 post completion payment plan spread across 2 years with easy instalments.
7. BUSINESS BAY
Situated in the heart of the city, Business Bay is the epitome of urban living. It is the hub of business activity in the city and is highly sought after by working professionals looking to buy off-plan property in Dubai. The lifestyle in Business Bay is comparable to the cosmopolitan cities of Manhattan or London. It’s fast-paced, lively and full of glittering skyscrapers which feature stunning views of the city. Some of the buildings are located across the Dubai Canal, offering gorgeous waterfront views.
This neighbourhood is a popular commercial district as many leading companies in Business Bay have their offices set up here. Apart from that, this area is also a great lifestyle destination thanks to the abundance restaurants in Business Bay. It’s also sought after as a residential area because it features all the amenities such as gyms, pharmacies, spas and more. The easy access to public transportation in Business Bay also adds to the allure its allure.
The most sought-after off-plan apartment community here is the Zada Residence. Investors can buy apartments in Zada Residence for a starting price of AED 600k. Zada Residences offer a 5-year monthly instalment payment plan with a 25% upfront down payment.
8. MOHAMMED BIN RASHID (MBR) CITY
Another entry on the list of most hotly anticipated communities for buying off-plan property in Dubai, Mohammed Bin Rashid City has an impressive array of contemporary apartments and upscale villas. It’s being touted as the ‘New Downtown of Dubai,’ thanks to its state of the art architecture and international standard residential, lifestyle, retail and recreational facilities.
A sprawling development, MBR City is made up of several smaller neighbourhoods that have some of the city’s best developers such as Emaar, Meydan, Sobha and Azizi behind them. Investors looking to buy off-plan in Dubai have shown great interest in MBR City, given the variety of properties one can find there.
In 2020, the properties in District 7 garnered the highest interest from investors looking to buy luxury off-plan houses and apartments in Dubai. Off-plan villas in District 7 can be purchased for as low as AED 1.6M. As for buyers looking to purchase off-plan apartments in Dubai, the prices for the flats for sale in District 7 starts from AED 350k. Investors keen on the area can choose from a variety of payment plans.
9. PALM JUMEIRAH
Next on our list of areas with the best Dubai off-plan properties is the iconic island development of Palm Jumeirah. Described as a man-made paradise, this place offers luxurious beachfront properties for sale and rent. Palm Jumeirah is home to some of the most spectacular leisure options making it a popular destination with tourists.
You can find amazing hotels in Palm Jumeirah that offer luxury leisure amenities. There is a long list of Palm Jumeirah restaurants that you can dine at. You can also find plenty of bars in Palm Jumeirah offering a vibrant nightlife scene. Public transportation in Palm Jumeirah connects the island to the mainland and the presence of world-class amenities makes it a top choice for home buyers. Of course, there are both pros and cons of living in Palm Jumeirah, but this prestigious island development in Dubai still has a lot to offer its residents.
The most popular off-plan properties in Dubai’s Palm Jumeirah are the luxurious apartments in Se7en Residences. These apartments come in studio, 1, 2 and 3-bed configurations and are perfect for anyone who wants to capitalise on the chance to invest in luxury off-plan properties in Palm Jumeirah.
Prices for Se7en Residences properties start at AED 614k. The developer is also offering fantastic payment plans to buyers, starting with deposits which are as low as 5% on booking! Se7en Residences offer a convenient payment plan with 25% payable through five installments during construction and the remaining 50% payable post handover in five easy installments.
10. ARABIAN RANCHES 3
The premium Arabian Ranches 3 community offers a family-friendly lifestyle, with amenities that add convenience and leisure to the everyday life of residents. Connected to the rest of the city via the Emirates Road, this new villa community in Dubai boasts verdant landscapes, modern family homes and outdoor facilities. Properties in Arabian Ranches 3 mainly comprise of a variety of villas and townhouses designed for modern living.
While most of this community is still under development, investors looking for Dubai off-plan properties have shown considerable interest in the Ruba sub-community. This off-plan project offers villas and townhouses in 3 and 4-bed layouts. Prices for off-plan villas for sale in Ruba begin at AED 1.3M. Investors can book properties in Ruba with a downpayment of 5%. The remaining payments are split into a 70/25 payment plan with 25% being paid after handover.
That concludes this list of the top neighbourhoods with off-plan property in Dubai. The sheer variety of Dubai off-plan real estate caters to every kind of investor.
Besides the above-mentioned options, potential homebuyers and investors can also consider the latest off-plan projects in Dubai. Other than Dubai, there are also some fantastic off-plan projects in Abu Dhabi that prospective buyers can consider.
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