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Off-plan vs Secondary Properties in UAE Which to Buy

Date : 2025-01-30

What is an Off-plan Property?

Off-plan properties in Dubai mean the houses and apartments that are still under construction and in an early development process. When you consider buying the off-plan properties then comes the benefit of buying it in the west minimum price. You can always plan to secure your investment by investing in such properties which give high returns on long-term basis.

It possesses the potential whose value grows with time as the construction progresses.

  • Off-plan Property: These get delivered on the set date and are still under construction.
  • Ready Property: It is ready to move properties where you can move immediately without wasting any further time.

What is a Secondary Property?

It mainly refers to those properties which were previously owned by other individuals. And those owners plan to sell it for the purpose of gaining the profit.

Which One is Better?

In the end it's always dependent on a personal choice. By checking the perks and downsides of each.

Off-Plan Property

It possesses a long-term increase in value. Ideal crafted homes considering the modern state of art architectural designs.

Off-Plan Property Pros

Latest Designs

By buying the primary properties you get the luxury of having brand new stylish architecture.

Lower Market Price

This remains the primary benefit that the off-plan properties can be brought in cheaper rates. You can also avail the  discounts and deals. It adds value for money.

Developer Promotions & Flexible Payment Plans

You get various promotions along with flexible payment plans.

Higher Return on Investment

You can purchase the properties at a lower prices and with the passage of time higher returns can be achieved easily as the property prices are always raising.

Low or No Refurbishment Cost

This is a very obvious advantage because its a newly built property, so you don't need any refurbishment cost. 

Off-Plan Property Cons

Limited Supply

This is a challenging situation.

Possibility of Project Abandonment

A little risk you get along with the primary property, if the developer gets into any financial difficulties they can abandon the property any time.

Delivery Might Not Meet Expectations

You can see the final touch of the property only once it is completed. There is a possibility if the property does not meet your expectation. Its always a good to buy property from a developer having a well established track record.

Secondary Property

Are you planning to move into your home right away. Then its a good idea to consider secondary property. It has the advantage of fully developed amenities

Secondary Property Pros

Established Unit and Location

  • Properties are ready to move right away
  • Established neighbourhood

Wider Choice of Options

  • Friendly on pocket as compared to primary property
  • Wider range of properties available

Negotiable & Lower Price

You can get value for your money by negotiation

Secondary Property Cons

Renovation Costs

As previously someone already someone was living you need some renovation of the house.

Older design

You don't get the edge to live in a newly advanced property

Less flexible payment plans

You wont get the access to flexible payment plan with BT Properties that usually the developers offer while buying a primary property.