Off-plan projects are the properties in real estate developments that are sold before complete construction. Potential buyers invest in off-plan projects based on floor plan, design, location, and profit. Off-plan properties can be residential, commercial, industrial, and land properties.
In off-plan projects, investors have more advantages as compared to complete projects. A buyer or investor has to pay a fixed amount, and the amount does not change until the completion of the project, most developers also offer discounted amounts for under-constructed projects to investors for the success of their off-plan projects.
If we talk about off-plan projects in Dubai, these plans are popular, highly acceptable, and sought-after in the real estate business for potential buyers and business tycoons. They are interested and look for such opportunities to enhance or establish their business. Not only the inhabitants of the Emirates are concerned about such beneficial opportunities but foreign businessmen show more interest in investing.
This blog is all about the most profitable off-plan projects in one of the most refined, maintained, magnificent, admirable, and rich communities of Dubai that is the “Business Bay”. Over the last 2 to 3 years, off-plan projects in Business Bay have been highly appreciated and demand for these projects is increasing over time in this prime location of Dubai.
An Overview Of The Business Bay Community
Business Bay – a remarkable and unmatched waterfront development is not only a residential community with world-class living standards and rich amenities but is also a commercial or business center of Dubai that is globally recognized and appreciated by the business tycoons and has a credit in making Dubai a real estate business hub.
It has a prime location and easy access to famous neighborhoods including Dubai International Airport, Dubai Creek, and Dubai Festival City. Business Bay is located at Sheikh Zayed Road, one of the busiest roads and a source of connectivity to the whole city.
The famous residential buildings in Business Bay are Dubai Creek Harbour, Dubai Tower, and Dubai Wharf Tower. This community also has restaurants, cafes, international schools, nurseries, famous medical centers, and all the possible facilities of life.
5 Top Off-plan Projects In Business Bay Community
The vibrant, dynamic business and residential community, Business Bay is a center, multinational agencies, playing a pivotal role in the economic and financial development of the UAE.
Here is the list of 5 top Profitable Off-Plan Projects in Business Bay Dubai.
DAMAC Canal Heights
Canal Heights – an exceptional masterpiece developed by real estate developer DAMAC in the center of the Business Bay and this ongoing project is branded by Swiss luxury jeweler de GRISOGONO.
DAMAC Canal Heights is the finest epitome of modern architecture, luxury living standards, and new luxurious residential development by renowned developers in Dubai.
This outstanding project is a residential tower featuring studios and one or two-bedroom apartments with an amazing Dubai canal view and city skyline. Fully furnished apartments with airy spacious rooms and kitchens, splendid interiors, and high-quality constructed material.
Canal Heights is in under-developing phase and is expected to be completed in 2027. This project offers a suitable and easy payment plan to the investors in which investors have to pay 20% of the total amount during booking, 60% during construction, and the remaining 20% amount has to be paid after the compilation of the project.
International schools, medical centers, restaurants, gymnasiums, kid’s playgrounds, swimming pools, supermarkets, and malls are the amenities included in this stunning outclass building.
The location of the project is as ideal and exceptional as the project itself. It is located at the edge of the Dubai Canal and has convenient access to the famous landmarks of Dubai through Sheikh Zayed Road, a residential building of the project situated near Sheikh Zayed Road.
Burj Binghatti Jacob And Co. Residences
An unthinkable tallest residential building- Burj Binghatti Jacob and Co Residence an upcoming project is going to break the record of the world’s tallest residential building that is currently owned by New York Central Park Tower.
Burj Binghatti Jacob And Co. Residences is a residential off-plan project developed by the great collaboration of well-known developers “Burj Binghatti” and “Jacob and Co”.
This is another mega project in the business center or commercial hub of Dubai- the Business Bay and is expected to be completed in 2026.
The astonishing upcoming tallest building features 2-3 bedroom apartments, 5-7 bed skyscraper penthouses with private floors, and 4-6 bed mansions with private amenities including a private swimming pool.
Fitness centers, gyms, 24/7 CCTV security, kid’s play area, shopping mall, easy transportation, international schools, hospitals, nurseries, and recreational parks, all these facilities are available at up to the mark level.
Trillionaire By Binghatti
Trillionaire is another mega residential project by well-known developers – Binghatti in the financial center of Dubai – Business Bay.
If you want to enjoy waterfront living with stunning views of Dubai’s world’s largest building- burj Khalifa and you prefer to live in a peaceful environment without the hassle and noise of the busy city then Trillionaire residential building with all exceptional amenities situated at Dubai Canal is best option for you to invest and have a luxurious future lifestyle.
This master project consists of 362 residences which offer studios and 1, 2 bedroom furnished apartments having a large living area, open kitchen with appliances, built-in wardrobes, and terrace with beautiful stunning views of the skyline and soothing eye-catching effect of the waterfront view of Dubai Canal.
Like other off-plan projects of Binghatti, it also offers reasonable payment to the investors, so they can easily invest and secure the future of their families.
Introducing Marriott Residences, an off-plan residential project developed by OCTA properties in Dubai commercial Center- Business Bay.
It is an under-constructed residential building of 17 stories and 3 basements. The property type it offers consists of 2-bedroom apartments. Each apartment is well furnished, luxurious, maintained with modern technology, high-quality constructed material is being used, and an epitome of the finest architecture.
Amenities included in this project are podium level, lounge spaces, pool deck with loungers, parking service, doorman, CCTV security, luxury pool for individuals, and separate playing areas for kids. All these amenities and the easy payment plan of this project grab the attention of most of the investors.
If we talk about the location of the building, that is also another attraction for the future residents of this project. It is close to the famous landmarks of Dubai, Burj Khalifa, Dubai Canal, Dubai Mall, Jumeirah Beach, and Dubai International Airport.
DAMAC Chic Tower
Let us introduce you to another luxurious off-plan project in Business Bay by DAMAC developers.
DAMAC Chic Tower is a newly launched high-rise residential project branded by Swiss luxury jeweler de GRISOGONO and is one of the finest, most luxurious, eminent projects managed by exceptional real estate developers DAMAC.
This tall building offers unmatched luxurious lifestyles in studios or 1-2-bedroom apartments with stunning views of Burj Khalifa and Dubai Canal. It has imaginative living standards, high-quality constructed material, and exclusive facilities for life.
The prominent amenities that are part of this project and attract most of the investors are seven baths, a luxury spa, a beauty bar, a 180-meter smooth lazy river, and pools.
The strategic location of the building provides quick access to popular neighborhoods in Dubai and payment plans also play a pivotal role in attracting investors.
The Final Verdict
DAMAC Canal Heights, Burj Binghatti and Jacob and Co. Residences, Trillionaire By Binghatti, Marriott Residences, and DAMAC Chic Tower are our top listed most profitable off-plan projects in Business Bay. Each project is developed or managed by globally famous real estate developers, has its specific reasons for popularity and attractions and offers different payment plans.
If you are looking for off-plan residential projects and have investment then go for a deep research, there are plenty of options, so choose wisely according to your expectations, demands, and investment range.