New deals on offer to attract investors

While some developers are waiving the 4% registration fee, others offer a guaranteed return on investment coupled with other freebies.

It's that time of year again as companies roll out tantalizing deals to attract investor attention, Emirates 24/7 reported.

Whether it be freebies or flexible payment plans, the goal is to raise awareness of the new projects in the city.

Deyaar Development has announced a one-day sale event on May 16, where it will waive the 4% Dubai Land Department registration fee for those buying units in their projects in Business Bay, International Media Production Zone and Dubai Silicon Oasis.

Meanwhile, in its sales pitch for the upscale Anantara Residences on Palm Jumeirah Crescent, Raine & Horne said it was offering investors with a guaranteed return on investment (ROI) of up to 13% for five years, interest free payment plans for five years and a seven-day complimentary stay at Anantara Luxury Resort every year.

In its 'Wealth Gauge' report in March, Mashreq, a top bank in the UAE, said real estate development with innovative payment plan was the need of the hour.

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