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To verify an off-plan project’s authenticity in Dubai, follow these steps:
You can find official information about off-plan project status through the Dubai Land Department’s (DLD) official portal or the Dubai REST app. These platforms provide verified details such as:
To verify if a developer is registered with RERA (Real Estate Regulatory Agency) in Dubai, use the Dubai REST app or visit the Dubai Land Department’s official website. Simply enter the developer’s name to view their registration status, approved projects, and escrow account details. Only RERA-approved developers are legally authorized to sell off-plan properties in Dubai.
Investing in an off-plan project that hasn’t broken ground can be safe if proper due diligence is done. Ensure that:
An escrow account is a government-regulated safety measure that protects your off-plan investment in Dubai. All payments made by buyers go directly into this RERA-approved account, and funds are released to the developer only upon verified construction milestones. This ensures that your money is used solely for the development of the project you’re investing in, reducing financial risk and increasing transparency.