Sell Under Construction Property in Dubai
We often get asked the question, can I sell under construction property in Dubai? The answer, you’ll be pleased to hear, is normally an emphatic ‘yes’. Dubai is a city with a rapidly growing property landscape. Because much of the apartments sold are in tower blocks many stay ‘incomplete’ for a lot longer than they would in standalone villa property developments.
This means that the need to sell under construction property in Dubai becomes an issue more often than it would in other areas. Tower blocks take quite a while to complete. Particularly in Dubai where many of the tower blocks in question are very high indeed. They contain a lot more individual properties than you might find in other areas. Therefore it makes sense that there would be quite an amount of under construction property for sale in Dubai at any point in time.
There is quite a bit of legislation regarding the sale of contracts in Dubai, in many cases it is not possible to sell the actual contract, which will be made out in the name of the original purchaser, but the underlying property can, in fact, be sold. You’ll find a full in detail guide on Real Estate Legislation in the Emirate of Dubai at this link.
Here at SellDubai.co.uk we have a large Dubai database of end users, landlords, investors and institutional property buyers looking to make an offer on your Dubai property. That includes under construction properties in the Emirate.
You can feel free to list your property with a local agent but it could be on the market for many months, if not years. If you wish to sell your property now then drop a line to info@SellDubai.co.uk and we may be able to offer you alternative options you would not otherwise be able to consider.