A strong brand and a good launch price are not enough. Check the registered project, the money route, the contract, and the likely end user.
Check the official project record
DLD's Project Status service can show the project, developer, completion level, management company, and escrow details. Match the project name and number with the documents you receive.
Pay to the right place
DLD says off-plan buyer funds are placed in the project's escrow account. The account is for that project. Check the payment instructions against the official project and contract details before sending money.
Read the sale contract
- Exact unit, floor, view, size, and parking
- Payment dates and late-payment rules
- Handover date and any allowed extension
- Unit changes and size difference rules
- Assignment or resale rules
- Defect process and service-charge start date
Test the price and plan
Compare the unit with ready homes and real competing projects. Map every payment against your cash. Then test a late handover and a lower rent or resale price. A payment plan helps timing, but it does not make an overpriced unit good value.
Check the end user
Name the person who should rent or buy this unit later. Their budget, travel time, school needs, view, layout, and building costs should fit the product.
Official sources
Use legal advice for the contract. Verify all payment details with the official project record before paying.