Knowledge Hub
Off-Plan Property & Resale
Answers on buying, reselling and transferring off-plan property in Dubai, including developer requirements.
- What is an off-plan resale?An off-plan resale is the sale of a property before construction and handover have been completed. Rather than transferring an existing title deed in the same…
- Can I sell my off-plan property in Dubai before handover?In many cases, yes. However, the seller must meet the resale conditions applicable to the particular property and development. These can include reaching the m…
- What is Oqood?Oqood is the system used for the provisional registration of off-plan property transactions in Dubai. While the property remains under development, the purchas…
- Do I have to pay 30% before I can sell an off-plan property?Not necessarily. There is no single payment percentage that applies to every off-plan resale. The minimum amount that must be paid before resale depends on the…
- Do I need developer approval to sell an off-plan property?Developer involvement is generally an important part of an off-plan resale, and the seller will need to satisfy the applicable developer requirements before th…
- Can the developer ask me to make another payment before approving the resale?Potentially, yes. Even where the seller has already reached the minimum resale threshold, an upcoming instalment or other outstanding amount under the payment…
- What happens if the seller has missed payments to the developer?Outstanding or overdue instalments can affect an off-plan resale. The seller may need to bring the payment plan up to date or satisfy other developer requirem…
- Can overseas buyers or sellers complete an off-plan resale?In many circumstances, yes. The appropriate signing, identification and representation arrangements will depend on the developer and transaction requirements.…
- Can I get a mortgage to buy an off-plan resale property?Mortgage finance may be available for some off-plan resale purchases, but availability depends on factors including the property, stage of construction and the…
- Should I check the resale requirements before accepting an offer on my off-plan property?Yes. Ideally, the resale position should be established before the seller commits to the transaction. Reviewing the SPA, payment position, provisional registra…