How to make 50% Profit With Resale In Off Plan Properties?

How to make 50% Profit With Resale In Off Plan Properties?

As long as there are people who buy off plan properties in Dubai, there will be people who want to sell their properties before they are ready as well.

This is what we called off plan resale!
It usually happens when someone buy an off-plan unit form a developer and decides to sell their unit before the project completion.

The most common reason for the re-sale decision is that investors want to flip the property and make a faster profit. This also known as an immediate appreciation on capital.

For example, you buy an off-plan property at 10 million Dirhams, and the delivery date is four years from now.

You pay a certain amount on installment sover a certain period of time .. let’s say you paid 40% within three years.

During this time, the project price starts to get higher…. And it happens when the project constructions become more mature, and demand starts to increase as the project gets closer to completion…

This is a normal and expected growth in the real estate industry world-wide.
Let’s say your unite price increased and became 12 million.
This means you get 50% profit on what you initially paid (the 4 million).

Let’s explain how:

You paid 40% of the 10 million .. that’s 4 million. The new price of your unit as per to our example is 12 millions.

You take 6 millions in your pocket. And the reaming 6 millions will be made in installments to the developer by the new buyer.

This is how your 4 million become 6 million … and you make 50% profit.

The demand on properties in Dubai is increasing significantly each year. With such a high level of demand, it’s essential for you to find a good property consultant who can provide the best and most attractive deals for you.

At Key Clue Properties, we are aware of the sophisticated strategies in real estate industry in Dubai. Thus, you will be guided by our RERA certified real estate agents to find the perfect investment opportunity.

Contact us today from the button below.

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