Payment schedules can range from increments of 10% up to 20%. It is at the discretion of the developer how they structure it
The benefit of buying off-plan is that re-sales command relatively high premiums therefore reducing any profit margin in the investment considerably.
Who Can Buy?
World Ports are obviously an international business and the operations in those ports are run by international interests; both here and there. We cannot shut out the world, while simultaneously demanding they buy from us? UAE is a wealthy nation; it would be nice to sell them more stuff there and get some of that oil money flows back in goods we sell them.
The UAE Port Operations controversy is silly sound and Fury really. The shipping Business and ports are an international affair. You cannot ask the Middle East to play with us and then shut them out as they do. We spend money on oil. The Whole world does and we have trade deficit issues all over the world. Much of the money we spend on foreign oil goes thru the UAE banking capital of the middle east, it would be nice to get some of that flow to continue to circulate back through our hands. Additionally other nations we buy from have to buy oil too and if we are not getting those other nations to buy enough of our goods, but they buy oil from the Middle East we have the potential for getting some of that money flow back again thru trade with the UAE. A constant flow around the world in circles is good business and means strong trading partners and good friends.
With one of the highest per capita incomes in the Middle East, the United Arab Emirates (UAE) is a focal point for investors in this region. The UAE is traditionally associated with oil and natural resources. However, this is certainly not the only industry with business opportunities. The governing bodies within the emirates that make up the UAE are proactive in developing incentive schemes and building infrastructure to make the region competitive with business hubs around the world.
Free Zones are one such program to provide infrastructure and incentives to a variety of industries and investors. A variety of free zones have been developed within the UAE. These include Dubai Airport Free Zone, Hamriyah Free Zone, Dubai Internet City, Jebel Ali Free Zone and many more. Some of the appealing benefits for incorporating in the UAE include the option of 100% foreign ownership, extensive infrastructure, a wide range of facilities (warehouses, offices, industrial parks) amongst other things. The UAE has made a strong, combined effort to diversify their economy, slowly shifting the dependence on their oil reserves. They have achieved success in their tourism industry, spurred by the lavish and luxurious lifestyle images of Dubai. The other sector lobbying for development is the service industry. Their main attraction – the free zones; these Free Zones are all encompassing business models providing readily available access to the technology and infrastructure a modern day business requires to be competitive.