Off-Plan Property: Everything You Need to Know in UAE
The UAE real estate market presents unparalleled opportunities for high returns to investors, and among the most lucrative options is an investment in off-plan properties. So, why should savvy investors consider mainly off-plan investments?
It’s about unparalleled capital appreciation, payment plan flexibility, and an opportunity to own prime real estate at a discounted price, while being part of a thriving, dynamic market. If you are in the game for outstanding ROI, then Manta Bay on Ras Al Khaimah’s Al Marjan Island has something that cannot be overlooked.
Let’s deep dive into what compelling off-plan investment features the UAE has that attract investors around the world.
1. Buyer Protection Law
The UAE has strict laws that protect the buyer of an off-plan property. The developers should register their projects with appropriate authorities and hold escrow accounts for funds to ensure that money is utilized specifically for construction. This safeguards the investment and ensures buyers’ trust in projects like Manta Bay.
2. Location & Connectivity
Location is about lifestyle and investment returns. Take Manta Bay as an example. Situated on Al Marjan Island in Ras Al Khaimah, it boasts one of the most enviable addresses in the vicinity, with the iconic Wynn Al Marjan Island resort not far away, making the area a hotbed for both tourism and luxury living. It is very well connected to Dubai in just 45 mins drive and 20 mins away from RAK international airport.
Photo Caption: Wynn Casino View from Manta Bay Plot
3. Future Growth Potential
With Ras Al Khaimah’s vision to attract millions of visitors by 2030 and further investment in manufacturing, logistics, and technology, Manta Bay is positioned for exponential capital growth. Business-friendly policies and strong free trade zones further make the Ras Al Khaimah region very attractive to investors from around the world.
4. Tax-Free Environment
Another major positive that comes with investing in Ras Al Khaimah is the UAE environment: the place is tax-free. Thus, there are no levies on capital gains and income, which only promises great returns on property investment to its owner, including a house like Manta Bay.
5. Higher Rental Returns
Off-plan properties in Ras Al Khaimah tend to offer better rental yields than completed properties, especially in high-demand areas such as Al Marjan Island. The competitive prices of Manta Bay, with its luxury appeal, put it right at the top of investors’ lists for attracting good rental income.
6. Flexible Payment Plans
Most of the off-plan properties allow buyers to make flexible payment plans for the same. For instance, Manta Bay offers a very attractive payment option: 5% at booking, 70% during construction, and 25% post-handover payment plan.
Benefits of investing in Off-Plan Properties
A few of the many benefits of investing in off-plan properties include:
1. More Competitive Initial Cost
The costs for off-plan properties are often lower than completed ones, allowing buyers to obtain real estate at a better value.
2. Capital Appreciation
As the completion of the property gets closer, its price is normally increased, thereby offering considerable capital appreciation to those early investors.
Example of Capital Appreciation*
Investment Stage | Details |
Initial Purchase Stage | AED 1.2 million |
Value Upon Completion | AED 1.6 million |
Total Capital Appreciation | AED 400,000 |
Percentage Increase in Value | 33% |
3. Flexibility
Off-plan purchases in most cases allow buyers to select preferred layouts and designs, thereby customizing the property to their preference or to market demand.
4. Modern Designs and Features
The winner of Best Condominium/Apartment Award 2024 in RAK, Manta Bay, is a state-of-the-art design with modern features that ensure a high-quality lifestyle for residents.
Manta Bay stands out because of the all-aspect features that you can see here at the same place here. That is why Manta Bay is a flagship project by Major Developers, representing the best of off-plan property investment.
Moreover, Manta Bay offers more than 30 amenities, including the world’s first luxurious rooftop sandy beach, outdoor cinema, private jacuzzi, and more.
With competitive pricing starting from AED 1.2 million for studios to 1.6 million for two bedrooms, Manta Bay assures an expected annual ROI of up to 15%, making it a very lucrative opportunity for investors seeking high returns and long-term value.
Final Thoughts
Investing in off-plan properties can be a rewarding experience if done thoughtfully. By choosing reputable developers, prime locations, and projects with high growth potential, buyers can secure significant returns and a property that perfectly aligns with their lifestyle needs.
Manta Bay presents an incomparable opportunity to invest in the future of luxury living. With its stunning location, world-class amenities, and high investment potential, it’s more than just a property-it’s a lifestyle and a legacy.
Ready to make your move? Explore Manta Bay today and take the first step toward securing your dream property.
*Disclaimer: This article is for informational purposes only. Please conduct due diligence and seek professional advice before making investment decisions.