Off-plan real estate purchase

Property that is under construction at the time of purchase. In Dubai, a comprehensive legal framework has now been established to protect the interests of buyers when purchasing property under construction. Off-plan purchases can take place between project developers and buyers (primary market) as well as between two buyers (secondary market). When buying from a developer, the buyer receives an Oqood Certificate from the Dubai Land Department as proof of ownership (instead of a Title Deed) and is registered as the owner in the Interim Real Estate Register of the Dubai Land Department.