How can we ensure that an off-plan project meets the client's expectations?
If you’re an investor or off-plan buyer looking for guidance on selecting a successful and profitable project in DUBAI, then this blog is tailored just for you.
In Dubai, over the past two decades, numerous projects have been initiated, with some satisfying client expectations while others resulted in failures.
When investors engage in an off-plan project, they commit to payment obligations to the development company, risking forfeiture of payments if their payment fails.
On the other hand, Despite the promises made in project presentations by developers, there’s no guarantee of meeting those commitments.
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The fancy and luxurious project catalogs, along with the exaggerated advertisements of some agents, primarily aim to accelerate sales rather than fulfill promised commitments to off-plan buyers.
Nevertheless, developers must manage significant progress and coordinate with multiple parties involved in development affairs over a minimum two-year development period, navigating various risks and uncertainties throughout the journey.
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