Land plots with long construction terms: another good way of investing in Dubai’s property

What investments are most preferable — stocks, financial instruments or real estate? And what about land plots? Damac will put up for sale land plots in Akoya by Damac.

There is no doubt that real estate is one of the most reliable forms of long-term investments. Investments in real estate under construction or in ready properties are believed to be more financially stable than investments in financial instruments. And in case with land plots the benefit is even more apparent.

If you are an investor, than through buying now a piece of land in Dubai for quite a reasonable price in future you will benefit not only from its growing cost, but also from changing market conditions, for then you’ll be able to build there exactly what the market will need most at any given time. But this is possible only if the terms for developing this plot will allow to stick to a wait-and-see strategy. Dubai master developer Damac is going to provide such conditions with its land plots in Akoya.

Damac will put on sale land plots in its golf-oriented residential community Akoya by Damac, with annual maintenance fees expected to be low, and the time given to build anything on your land is expected to be quite long — 10 years, exactly, of extended development time comes along with this offer.

The size of the plots is not revealed yet, but it is said that the price for these land plots will start from AED 600,000 (about USD 163,000).

For investors interested in ready-made properties Damac will also offer 108 apartments in a currently being built 33-storey residential complex in Jumeirah Village Circle (JVC). This serviced apartments building will be managed by Damac’s division Maison de Ville.

IMEX Real Estate can also offer you land plots in different areas of Dubai. It could be a 97,650 sq feet land plot on the Palm Jumeirah with a seaview and a private beach for just about 237 USD/feet, or a 17,500 sq feet land plot in the dynamic growing area of ​​Al Manara – Jumeirah perfectly located close to all main infrastructure units, with a price of 800 AED/feet. So, if you want your future home to be entirely your choice from the land plot and to the rooftop, or you want to make a perfect long-term investment, than buying a land plot in Dubai is what you need. Don’t hesitate to contact our experts for more details.

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