Posts

Showing posts with the label Off-Plan Property

Buying Off-Plan in Dubai 2026: Escrow & Risks

Image
Buying Off-Plan Property in Dubai in 2026: Payment Plans, Escrow Protection and Risks Before Handover Dubai, UAE | October 25, 2026 An investor sees an advertisement for a new Dubai apartment. The asking price is AED 1.5 million. The developer offers a 20% down payment and instalments during construction, with the balance due at handover. The brochure shows an elegant apartment tower, landscaped gardens and a promised completion date. The payment plan looks affordable compared with purchasing a completed apartment immediately. But the building does not yet exist in its finished form. What happens if construction slows? Where does the buyer's money go? Can the developer use booking payments for another project? And can the buyer cancel the contract and recover everything if handover is delayed? Dubai has formal regulations intended to protect off-plan buyers, including project registration, dedicated escrow accounts, provisional sales registration and construction-progress monitorin...

Dubai Property Market 2026: AED379bn Sales, Prices Fall 1.7% — Buy Now or Wait?

Image
  Dubai Real Estate 2026: Record Sales Meet First Price Dip — Should Buyers Buy Now or Wait? Dubai | October 5, 2026 Dubai's property market has entered one of the most interesting stages of its current cycle. The market is still processing enormous volumes of property deals. From January through September 2026, Dubai recorded 165,018 real-estate transactions worth AED574.12 billion . But there is an important distinction hidden inside that headline number. The AED574.12 billion figure includes sales, mortgages and property gifts . Actual property sales during the first nine months were worth approximately AED379.4 billion across 123,416 transactions —still the second-highest nine-month sales value in Dubai's history, behind 2025 . At the same time, residential prices have started showing signs of cooling. Cavendish Maxwell data reported in September showed the average Dubai residential sales price at around AED1,636 per square foot in August 2026, down 1.7% from a year earlier...