Looking for Off-Plan Apartments Under 2 Million AED
Hello. I have budget around 1.5-2 million AED. I want off-plan apartment in Dubai for rental income. Which projects are best now? I prefer modern buildings with gym and pool. Any advice on good areas? Thanks.
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Buying off-plan in the UAE is very safe today thanks to strong regulations. Federal laws require escrow accounts where your money sits until construction stages pass independent checks. Dubai has the toughest rules under Law No.8/2007 and recent updates – funds release only after inspections in Oqood system. Abu Dhabi added triple protection in 2025 with big fines for violations. Similar systems in other emirates. Over 120k reservations in early 2025 show huge trust. Returns 10-18% per year possible with rising prices and high safety index. Flexible payments reduce pressure – pay later parts from rent. No major taxes on residential. Risks like delays exist but you get penalties or termination rights after long waits. For current secure projects look at the best off plan projects in dubai – they focus on trusted developers with good track records. Always check DLD registry and escrow reports before signing.