Apartment Plots for Sale in Dubai: Build Your Dream Investment

Dubai is a vibrant property market with exclusive opportunities for residential construction on apartment plots. The city’s iconic buildings, like Burj Khalifa, showcase the region’s innovative spirit. It’s an ideal place to invest and develop, with commercial, high-value areas like Downtown Dubai, Dubai Marina and Jumeirah Village Circle offering modern, high-yield residential building projects.

Investment in apartment plots in Dubai is highly recommended due to its flexible payment terms, freehold property, and robust market. This is the perfect time to invest in Dubai’s vibrant property market.

Why Invest in Apartment Plots in Dubai?

Dubai’s real estate industry is known for its resilience and growth, thanks to its tax-free environment, optimal location and world-class properties. Specialized zoning allows developers to create luxury high-rise and low-cash-outflow and mid-range apartments for various customers. Business Bay, Palm Jumeirah and Dubai Hills Estate are part of freehold zones, allowing foreign investors to hold land on a 100% ownership basis, providing long-term security and viability for buyers.

Investor-friendly policies of the city improve the attractiveness of Dubai apartment plots for sale: The investment of AED 2 million and more qualifies one to apply for a Golden Visa. These plots have an average 5-8 rental yield and good capital appreciation, making them ideal for developers who want to make high returns.

Their location close to the landmark spots, metro lines, as well as other amenities such as Dubai Mall and Sheikh Zayed Road, also enhances their value, hence making them a strategic location when undertaking residential projects.

Prices of Apartment Plots for Sale in Dubai

The prices of apartment plots in Dubai are determined by their size and location, as well as potential for development. Based on recent market data, the residential plots in favorable categories of the market, such as Downtown Dubai and Dubai Marina, have a starting price of around AED 1,070/ square foot and the sum plot prices are between AED 4 million to AED 234 million, depending on the size and zoning.

As an example, a 10,000 sq. ft. residential land in Jumeirah Village Circle will be priced at about AED 10.7 million, but bigger land may be valued at more than AED 50 million in Business Bay. The less expensive alternatives can be found in the peripheral regions, such as Dubai South, which start at AED 700,000 for smaller plots, and AED 1,000,000 and AED 1,000,000 for larger ones.

Dubai Land Department data shows a strong real estate market. Residential plot prices have increased by 127% in six months, making investors in this market more competitive and providing future profit. Off-plan plots with flexible payment methods are desirable.

Documents Required to Buy Apartment Plots in Dubai

There are some documents you must provide to buy an apartment plot in Dubai. It becomes a simpler procedure and the rules and regulations of the Dubai Land Department (DLD) must be followed. The documents required include:

• Passport Copy: An approved ID of the buyer.
• Residency Visa (where they apply): A residency visa is needed by non-residents (or those applying to get residency under the investment category).
• No Objection Certificate (NOC): It is provided by the developer stating that no pending dues exist.
• Sale and Purchase Agreement (SPA): Stating the conditions of transactions and legal agreement prepared by an agent or a lawyer in the field of real estate.
• Proof of Funds: Bank statements or financial documents to prove the ability to make the payment.
• Title Deed Application: This is an application that is filed with DLD to register ownership on a property, after which a transfer fee of 4 percent and other admission fees (maximum of 5000 AED) are paid.

Foreign investors are allowed to buy plots in freehold areas without the residency visa and investments can be made above AED 2 million and which is eligible for the Golden Visa. Use the services of a good real estate company, such as Dxboffplan, to check documents and go through the procedure at DLD.

Head to Dubai and Purchase Your Very Own Apartment Plot

Dxboffplan streamlines your process of owning an apartment plot in Dubai. Our exclusive listings include high-end plots in the best locations, such as the Dubai Creek harbor and Jumeirah Village Circle, with up-to-date prices and transaction history.

We also cooperate with the best developers, such as Emaar and Sobha Realty, to provide exclusive off-plan deals with favorable payment conditions. With our team of professionals, you will go through a smooth process of selecting a plot to DLD registration.

Dubai’s real estate sector offers unequalled opportunities, with high returns on apartment plots. Our portal provides top opportunities for luxury high-rises and family-friendly complexes. Recent listings include 61,022 sq. ft. properties in Maritime City with sea views and affordable facilities in Dubai South. The market is buyer-friendly, and competitive mortgage rates (2.99-4.5%) make it the best time to take advantage of this opportunity.