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Frequently Asked Questions

Dubai • Abu Dhabi • Sharjah • Ajman

FAQ's

The Dubai Land Department (DLD) is the government entity responsible for regulating and overseeing all real estate activities in Dubai. It manages property registration, ownership transfers, legal documentation, and real estate legislation to ensure a transparent and secure property market.

RERA is the regulatory arm of the Dubai Land Department. It supervises and governs real estate brokers, developers, property management companies, and owners’ associations. RERA enforces laws, issues licenses, sets service charges, and ensures ethical and transparent practices across Dubai’s real estate sector.

An Escrow Account is a secure, government-regulated bank account where off-plan property payments from buyers are held. Funds are released to the developer only in phases, based on construction progress. This system protects buyers and ensures developers complete projects as promised.

Conveyancing is the legal and administrative process of transferring property ownership from seller to buyer. In Dubai, conveyancing typically includes drafting contracts, verifying documents, coordinating with the DLD or trustee office, and ensuring compliance with all legal and financial obligations until transfer is complete.

A Trustee Office is an authorized center by the Dubai Land Department that facilitates property transfers, registration, and payment processing. These offices act on behalf of the DLD to execute title deed transfers, manage escrow compliance, and collect government fees in a streamlined and professional manner.

Purchasing off-plan means acquiring a property before it’s completed — often during the early development phases. This approach typically comes with advantages such as attractive pricing, flexible payment structures, and the opportunity to customize certain aspects like finishes or layouts.

To buy off-plan in Dubai, begin by selecting a project from a credible developer. After choosing your unit, you’ll sign a Sales Purchase Agreement (SPA) and follow a payment plan linked to construction progress. The OceanGate Luxury Properties team is here to guide you through every step — from project evaluation to contract review and beyond.

Off-plan properties can deliver significant capital growth, particularly when purchased in the early stages of a project. Buyers can lock in lower prices ahead of future market appreciation. Choosing a trusted developer and having a long-term investment perspective are key. With our expert guidance, off-plan can be a smart wealth-building strategy.

Top areas for Off Plan investment include:

  • Downtown Dubai – for luxury living and prime city views
  • Dubai Hills Estate – offering family-friendly layouts and green space
  • Palm Jebel Ali – an iconic waterfront project with strong future appeal
  • Dubai Creek Harbour – blending city convenience with scenic surroundings 

Each of these areas presents unique lifestyle and investment advantages..

Yes, off-plan properties can often be resold before completion, depending on the developer’s policies. Some projects may require a certain percentage of payments before allowing resale, and transfer fees may apply. OceanGate Luxury Properties will assist you in understanding these terms and choosing the right moment to sell for maximum value.

Off-plan prices in Dubai vary widely based on location and property type. Studios can start from approximately AED 500,000, while upscale apartments and villas may range into several million. Our team will help match you with developments that suit your budget and align with your investment strategy.

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