1. Understand What Off-Plan Means
Off-plan property is sold before construction is completed (sometimes before it even starts). You typically pay in stages linked to construction milestones, with the balance due on handover.
2. Check the Developer & Project
- Track record of delivering previous projects on time.
- Quality of completed communities and buildings.
- Escrow account details and RERA project registration.
3. Evaluate the Payment Plan
Compare:
- Booking / down payment percentage vs. amount paid during construction and on handover (e.g. 60/40 or 80/20).
- Whether post-handover payment plans are truly affordable for your cash flow.
- Any hidden charges like DLD fees, service charges, or admin fees.
4. Location & Exit Strategy
Treat off-plan as both a lifestyle and investment decision. Focus on communities with strong infrastructure, schools, retail, and proven rental demand. Ask how easy it will be to resell or rent once the project is complete.
5. Review the Contract Carefully
- Completion date and allowed grace period.
- Penalty clauses if the developer is delayed.
- Specifications: finishes, appliances, parking, and amenities.
6. Work With a RERA-Licensed Advisor
A good advisor helps you compare projects across multiple developers, sense-check pricing, and avoid emotional decisions driven purely by marketing.
7. Next Steps
If you are considering an off-plan purchase, Mahenti's off-plan specialists can prepare a shortlist of projects that match your budget, risk profile, and timeline.