Depending on the developer and their own terms and conditions, there are a variety of payment alternatives available for off-plan apartments in Dubai. Widely recognised payment options are:
1) Bank transfer: Across the world, this is the standard payment method for real estate transactions. Direct money transfers from the buyer’s bank account to the developer’s account are possible.
2) Card payment via the link: Using a safe online payment gateway, certain developers let customers pay with credit or debit cards.
3) Cash: Some developers take cash payments for off-plan properties. Large cash transactions, however, might need to comply with certain reporting guidelines.
4) Cryptocurrency: Using cryptocurrencies in real estate transactions has gained popularity in recent years. Some developers in Dubai take Bitcoin, USDT and other crypto currencies as payment.
Contact us as at Happy Estate if you have any questions.