Ready Property

Ready property refers to completed, habitable units available for immediate possession and occupancy, contrasting with off-plan purchases and offering immediate rental income potential without construction risk.


Purchase AdvantagesBenefit
InspectionPhysical viewing before purchase
Immediate useMove-in or rent immediately
No construction riskCompleted to specifications
CertaintyFixed purchase timeline
Financial ComparisonReady vs Off-Plan
PriceMarket rate, no discount
PaymentFull amount at transfer
Rental incomeImmediate
FinancingMore options available
Acquisition TimelineDuration
Property search1-4 weeks
Due diligence1 week
Financing approval2-3 weeks if applicable
Transfer completion1-2 weeks
Total5-10 weeks typical

Related Terms

Resale PropertyAssignment of Contract (Off-Plan Resale)Secondary MarketOff-Plan PropertyTitle Deed (Dubai)Digital Title DeedInterim Registration (Oqood vs. Title Deed) Investment Property

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