The Oasis by Emaar is an esteemed new development offering a selection of high-quality off-plan properties tailored for sophisticated urban living. As a project by one of the region’s leading developers, The Oasis promises to deliver luxury and innovation in design, nestled in a prime location that blends accessibility with scenic views. This guide will walk you through the essential steps of investing in this exclusive development, from choosing the right property type to finalizing your purchase. Whether you are seeking a dynamic living space or a lucrative investment opportunity, The Oasis by Emaar provides a range of options to meet diverse preferences and investment goals.
How to Buy Property in The Oasis by Emaar: Step-by-Step Guide
1. Familiarize Yourself with The Oasis by Emaar
Begin by gathering information about The Oasis by Emaar, focusing on the overall development as well as its specific features and offerings. Understand the community layout, amenities provided (such as pools, gyms, parks), and the types of properties available. Investigate the project’s location advantages, like proximity to key landmarks, accessibility, and surrounding transport infrastructure.
2. Consult with an Experienced Off-Plan Agent Specializing in Emaar Properties
Reach out to a real estate agent or agency with a strong track record in Emaar developments, particularly off-plan sales. These agents will have the latest information on The Oasis project, including phase releases, pricing strategies, and investment potential. They can guide you through Emaar’s purchase process, known for its structured and investor-friendly approach.
3. Decide on Your Preferred Property Type and Location within The Oasis
Determine which type of property and project within The Oasis aligns with your needs. Consider the price, layout, design and bedroom configuration options for each of the projects available and determine which one best aligns with your needs or preferences. Each factor will influence your living experience and the property’s potential resale value or future rental demand.
4. Review Options and Evaluate with Your Agent
With your agent’s assistance, review the specific units available in The Oasis by Emaar. Evaluate the merits of each option based on your priorities such as budget, floor plans, fittings, and finishes. Your agent can provide comparative market analysis and insights into which properties might offer the best value and long-term benefits.
5. Book Your Chosen Unit and Complete the Necessary Paperwork
Once you’ve chosen a unit, proceed with the booking process. This will involve submitting a booking form along with your passport copy and an initial deposit. Following this, you will be required to sign a Sales and Purchase Agreement (SPA) which details the transaction terms, payment plan, and other legalities as set out by the Dubai Land Deparment.
6. Adhere to the Payment Schedule as per the SPA
Follow the payment plan as outlined in the SPA. Emaar typically structures payments during the construction phase, leading up to the handover. Ensure your finances are in order, considering the impact of exchange rates and transfer fees, as payments are usually required in AED.
7. Take Possession of Your Property
Upon completion and full payment, you will be able to take possession of your property in The Oasis. If you are not in Dubai, consider appointing a power of attorney or a local representative to handle the handover process. Conduct a thorough inspection to ensure that all aspects of the property are as agreed upon in the SPA. Once satisfied, you can either move in, rent it out, or hold onto it as an investment, enjoying the lifestyle and benefits that come with owning a property in an Emaar development.
