Lifestyle Realty has positioned itself as the frontrunner in off-plan resale within the Dubai market, an area largely unexplored but brimming with potential. Off-plan resale involves the sale of projects that have been fully sold by developers but are still under construction. By focusing on this niche, Lifestyle Realty navigates the real estate market, catering to investors seeking profitable resale deals before project completion and buyers aiming for maximum returns upon completion.
Mohit Jain, the founder, identified a demand for off-plan resale and seized the opportunity to specialize. 'We noticed that most agencies concentrate on either off-plan sales or completed properties, with very few addressing off-plan resales. This is where we fill the gap, enabling clients to secure significant returns on their investments,' Jain explained. He noted that many investors miss out on lucrative off-plan resale opportunities due to high initial costs, and Lifestyle Realty assists them in uncovering and capitalizing on this potential.
Off-plan resales offer investors the chance to maximize their returns, sometimes within just a few months. For instance, a two-bedroom apartment at Address The Bay, initially sold for AED 6.7 million, was resold for AED 8.3 million, netting the investor a profit of AED 1.7 million. This illustrates how off-plan resales can yield substantial returns, ranging from 25% to 75%.
Since its inception, Lifestyle Realty has expanded its team to include five specialized agents, working in tandem with administrative and marketing staff. This growth reflects the rising demand for off-plan resale services in Dubai's highly competitive real estate market. The company excels in this niche while delivering top-tier service to its clients.
Lifestyle Realty also forecasts market trends for future property values. Their agents collaborate closely with clients to identify prime opportunities in areas like Emaar Beachfront, Downtown Dubai, JBR, and Palm Jumeirah, ensuring clients stay ahead of the curve in terms of profitable investments.
Looking ahead, Lifestyle Realty plans to dominate off-plan resale transactions in Dubai, leveraging its growing team, extensive knowledge, and clear vision to capitalize on this lucrative segment of the Dubai real estate market.
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