Is it profitable to buy an apartment in Dubai at the construction stage?

The demand for real estate in Dubai has been growing for the past two years. The highest demand was noted for villas, as well as for various types of housing at the stage of development.

Advantages of buying an apartment at the construction stage

It can be quite profitable to buy housing in Dubai at the initial stage of development for the following reasons:

1. one can easily find options at a fairly low price, since all developers are interested in a quick ROI.
2. due to the fact that investors' money is in the bank, and not with the developer, buyers are fully insured against the bankruptcy of developers.
3. there are many similar offers on the market, so each buyer can easily find an option according to his requirements, including the area of ​​the apartment, floor, area, etc.
4. one can get a good profit by selling a house after its completion, as the cost increases significantly.

In addition, investors get one more advantage - when buying housing at the stage of development one can pay for it in installments. The first installment in this case can be only 25% of the total amount.