Dubai Properties
Mid-market communities to waterfront. Part of Dubai Holding.
My view
The master developer behind some of the most rented addresses in Dubai. Its newer villa and townhouse communities are family-led, with prices that sit below the Emaar equivalents.
What I check hardest: Community service charges and how close shops and schools are today, not on the master plan.
The facts
- Who owns it
- Part of Dubai Holding.
- Segment (my read)
- Mid-market communities to waterfront
- Known for
- JBR, Business Bay master plan, Mudon, Villanova, Serena
Sources: Dubai Holding. Sales figures are each company's own or a published ranking, and are not always like for like: some are group-wide, some Dubai only. Check a developer's project registration and escrow with the Dubai Land Department (or the relevant emirate) before you pay anything.
No Dubai Properties launches are on my map right now. Ask me what they have available.
What I check before any Dubai Properties purchase
- The payment plan. What each instalment is tied to, and what happens if a milestone slips.
- The escrow account. That your payments go into the project's regulated escrow account.
- The record. Past handovers on time, build quality and how snagging was handled.
- The numbers. Price per square foot against comparable projects, service charges and likely rent.
- Your exit. Resale rules, any developer approval needed, and fees on the way out. See the fees guide.
Questions I am asked
Is Dubai Properties government-backed, listed or private?
Government-related. Part of Dubai Holding.
How do I check a Dubai Properties project before buying?
Check the payment plan and what each instalment is tied to, that your payments go into the project escrow account, the developer's record on past handovers, service charges, and whether the price per square foot matches comparable projects. I go through each of these with you before you reserve anything.
Planning to finance this?
Answer three quick questions and GCC Mortgages will come back with what you can borrow and which banks fit, before you commit to anything.
Thinking about a Dubai Properties project?
Tell me your budget, timeframe and objective, and I will tell you honestly which launches fit and which do not, whether or not that ends up being with me.
