{"id":174,"date":"2017-03-22T10:35:32","date_gmt":"2017-03-22T10:35:32","guid":{"rendered":"https:\/\/www.mortgagefinder.ae\/blog\/?p=174"},"modified":"2025-05-28T13:25:37","modified_gmt":"2025-05-28T13:25:37","slug":"dubai-unit-handovers","status":"publish","type":"post","link":"https:\/\/www.mortgagefinder.ae\/blog\/dubai-unit-handovers\/","title":{"rendered":"Propertyfinder Group sees slower pace of unit handovers supporting Dubai market in 2017"},"content":{"rendered":"
\n

\"\"<\/strong><\/span><\/h1>\n

Propertyfinder Group expects unit handovers in Dubai this year to be significantly lower than developers\u2019 official projections, which should help support real estate prices in Dubai.<\/span><\/h1>\n<\/header>\n
\n

 <\/p>\n

While that may not be welcome news for off-plan investors hoping to soon pick up their keys, a more protracted handover schedule is better for market stability and in the long term helps protect the value of buyers\u2019 investments.<\/p>\n

 <\/p>\n

\u201cAs most local developers rely on purchase funds to complete the project, the construction timeline is at best an estimation<\/strong> \u2013 an estimation of how quickly they\u2019ll sell as well as how quickly they can construct,\u201d says Propertyfinder CCO, Lukman Hajje.<\/p>\n

 <\/p>\n

\u201cThankfully, these days, legislation requires that progress payments be linked to construction milestones<\/strong>. This offers purchasers some assurance that their funds must be used appropriately but it doesn\u2019t protect them against slow project sales, hold-ups due to supplier, contractor and\/or local government compliances issues or unfavorable market conditions. Any of which may force or encourage developers to delay handover.\u201d<\/p>\n

 <\/p>\n

Nearly 15,000 new residential units were handed over in 2016, the highest level since 2012, industry consultants JLL revealed this month. Officially, 31,000 units are scheduled for completion this year, but like propertyfinder.ae<\/a>, JLL also expects actual deliveries to be lower than announced.<\/p>\n

 <\/p>\n

\u201cThere is an internal market correction mechanism within the system. While not great for a purchaser who\u2019s waiting to receive their shiny new property; whether by design or accident, delayed handovers have helped stabilize market fluctuations over the past decade and are expected to continue to play that role<\/strong>,\u201d says Hajje.<\/p>\n

 <\/p>\n

\u201cIf there is sufficient demand from purchasers, sales will take place on schedule and projects will be handed over on time. If sales are slow, it will be largely due to market conditions and insufficient demand and as a result, projects in the pipeline will take longer to sell and construct.\u201d<\/p>\n

 <\/p>\n

[This article was originally published at the Arabian Post<\/a> and other publications across the UAE].<\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"

Propertyfinder Group expects unit handovers in Dubai this year to be significantly lower than developers\u2019 official projections, which should help support real estate prices in Dubai.   While that may not be welcome news for off-plan investors hoping to soon pick up their keys, a more protracted handover schedule is better for market stability and […]<\/p>\n","protected":false},"author":1,"featured_media":175,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"inline_featured_image":false},"categories":[2],"tags":[],"yoast_head":"\nPropertyfinder Group sees slower pace of unit handovers supporting Dubai market in 2017 - Mortgage Finder Blog<\/title>\n<meta name=\"description\" content=\"Propertyfinder Group expects slower than expected Dubai unit handovers will help support UAE property prices in 2017.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.mortgagefinder.ae\/blog\/dubai-unit-handovers\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Propertyfinder Group sees slower pace of unit handovers supporting Dubai market in 2017 - Mortgage Finder Blog\" \/>\n<meta property=\"og:description\" content=\"Propertyfinder Group expects slower than expected Dubai unit handovers will help support UAE property prices in 2017.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.mortgagefinder.ae\/blog\/dubai-unit-handovers\/\" \/>\n<meta property=\"og:site_name\" content=\"Mortgage Finder Blog\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/mortgagefinder.ae\/\" \/>\n<meta property=\"article:published_time\" content=\"2017-03-22T10:35:32+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2025-05-28T13:25:37+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.mortgagefinder.ae\/blog\/wp-content\/uploads\/2017\/03\/Screen-Shot-2017-03-22-at-2.17.44-PM.png\" \/>\n\t<meta property=\"og:image:width\" content=\"496\" \/>\n\t<meta property=\"og:image:height\" content=\"327\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/png\" \/>\n<meta name=\"twitter:card\" content=\"summary\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"pfRiyaz\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Organization\",\"@id\":\"https:\/\/www.mortgagefinder.ae\/blog\/#organization\",\"name\":\"mortgagefinder.ae\",\"url\":\"https:\/\/www.mortgagefinder.ae\/blog\/\",\"sameAs\":[\"https:\/\/www.facebook.com\/mortgagefinder.ae\/\",\"https:\/\/www.linkedin.com\/company\/mortgagefinder.ae\"],\"logo\":{\"@type\":\"ImageObject\",\"@id\":\"https:\/\/www.mortgagefinder.ae\/blog\/#logo\",\"inLanguage\":\"en-US\",\"url\":\"https:\/\/www.mortgagefinder.ae\/blog\/wp-content\/uploads\/2023\/02\/mf-logo-en.jpg\",\"contentUrl\":\"https:\/\/www.mortgagefinder.ae\/blog\/wp-content\/uploads\/2023\/02\/mf-logo-en.jpg\",\"width\":528,\"height\":193,\"caption\":\"mortgagefinder.ae\"},\"image\":{\"@id\":\"https:\/\/www.mortgagefinder.ae\/blog\/#logo\"}},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/www.mortgagefinder.ae\/blog\/#website\",\"url\":\"https:\/\/www.mortgagefinder.ae\/blog\/\",\"name\":\"Mortgage Finder Blog\",\"description\":\"Dubai and UAE's best mortgages and personal loan offers\",\"publisher\":{\"@id\":\"https:\/\/www.mortgagefinder.ae\/blog\/#organization\"},\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/www.mortgagefinder.ae\/blog\/?s={search_term_string}\"},\"query-input\":\"required name=search_term_string\"}],\"inLanguage\":\"en-US\"},{\"@type\":\"ImageObject\",\"@id\":\"https:\/\/www.mortgagefinder.ae\/blog\/dubai-unit-handovers\/#primaryimage\",\"inLanguage\":\"en-US\",\"url\":\"https:\/\/www.mortgagefinder.ae\/blog\/wp-content\/uploads\/2017\/03\/Screen-Shot-2017-03-22-at-2.17.44-PM.png\",\"contentUrl\":\"https:\/\/www.mortgagefinder.ae\/blog\/wp-content\/uploads\/2017\/03\/Screen-Shot-2017-03-22-at-2.17.44-PM.png\",\"width\":\"496\",\"height\":\"327\"},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/www.mortgagefinder.ae\/blog\/dubai-unit-handovers\/#webpage\",\"url\":\"https:\/\/www.mortgagefinder.ae\/blog\/dubai-unit-handovers\/\",\"name\":\"Propertyfinder Group sees slower pace of unit handovers supporting Dubai market in 2017 - Mortgage Finder Blog\",\"isPartOf\":{\"@id\":\"https:\/\/www.mortgagefinder.ae\/blog\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/www.mortgagefinder.ae\/blog\/dubai-unit-handovers\/#primaryimage\"},\"datePublished\":\"2017-03-22T10:35:32+00:00\",\"dateModified\":\"2025-05-28T13:25:37+00:00\",\"description\":\"Propertyfinder Group expects slower than expected Dubai unit handovers will help support UAE property prices in 2017.\",\"breadcrumb\":{\"@id\":\"https:\/\/www.mortgagefinder.ae\/blog\/dubai-unit-handovers\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/www.mortgagefinder.ae\/blog\/dubai-unit-handovers\/\"]}]},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/www.mortgagefinder.ae\/blog\/dubai-unit-handovers\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/www.mortgagefinder.ae\/blog\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Propertyfinder Group sees slower pace of unit handovers supporting Dubai market in 2017\"}]},{\"@type\":\"Article\",\"@id\":\"https:\/\/www.mortgagefinder.ae\/blog\/dubai-unit-handovers\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/www.mortgagefinder.ae\/blog\/dubai-unit-handovers\/#webpage\"},\"author\":{\"@id\":\"https:\/\/www.mortgagefinder.ae\/blog\/#\/schema\/person\/622db1c26ef6b1b384905c3a3ae93510\"},\"headline\":\"Propertyfinder Group sees slower pace of unit handovers supporting Dubai market in 2017\",\"datePublished\":\"2017-03-22T10:35:32+00:00\",\"dateModified\":\"2025-05-28T13:25:37+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/www.mortgagefinder.ae\/blog\/dubai-unit-handovers\/#webpage\"},\"wordCount\":344,\"commentCount\":0,\"publisher\":{\"@id\":\"https:\/\/www.mortgagefinder.ae\/blog\/#organization\"},\"image\":{\"@id\":\"https:\/\/www.mortgagefinder.ae\/blog\/dubai-unit-handovers\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/www.mortgagefinder.ae\/blog\/wp-content\/uploads\/2017\/03\/Screen-Shot-2017-03-22-at-2.17.44-PM.png\",\"articleSection\":[\"News\"],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\/\/www.mortgagefinder.ae\/blog\/dubai-unit-handovers\/#respond\"]}]},{\"@type\":\"Person\",\"@id\":\"https:\/\/www.mortgagefinder.ae\/blog\/#\/schema\/person\/622db1c26ef6b1b384905c3a3ae93510\",\"name\":\"pfRiyaz\",\"image\":{\"@type\":\"ImageObject\",\"@id\":\"https:\/\/www.mortgagefinder.ae\/blog\/#personlogo\",\"inLanguage\":\"en-US\",\"url\":\"https:\/\/secure.gravatar.com\/avatar\/8b14537235acb5f00a8c4bda382b5cc6?s=96&d=mm&r=g\",\"contentUrl\":\"https:\/\/secure.gravatar.com\/avatar\/8b14537235acb5f00a8c4bda382b5cc6?s=96&d=mm&r=g\",\"caption\":\"pfRiyaz\"}}]}<\/script>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"Propertyfinder Group sees slower pace of unit handovers supporting Dubai market in 2017 - Mortgage Finder Blog","description":"Propertyfinder Group expects slower than expected Dubai unit handovers will help support UAE property prices in 2017.","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/www.mortgagefinder.ae\/blog\/dubai-unit-handovers\/","og_locale":"en_US","og_type":"article","og_title":"Propertyfinder Group sees slower pace of unit handovers supporting Dubai market in 2017 - Mortgage Finder Blog","og_description":"Propertyfinder Group expects slower than expected Dubai unit handovers will help support UAE property prices in 2017.","og_url":"https:\/\/www.mortgagefinder.ae\/blog\/dubai-unit-handovers\/","og_site_name":"Mortgage Finder Blog","article_publisher":"https:\/\/www.facebook.com\/mortgagefinder.ae\/","article_published_time":"2017-03-22T10:35:32+00:00","article_modified_time":"2025-05-28T13:25:37+00:00","og_image":[{"width":"496","height":"327","url":"https:\/\/www.mortgagefinder.ae\/blog\/wp-content\/uploads\/2017\/03\/Screen-Shot-2017-03-22-at-2.17.44-PM.png","type":"image\/png"}],"twitter_card":"summary","twitter_misc":{"Written by":"pfRiyaz","Est. reading time":"2 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Organization","@id":"https:\/\/www.mortgagefinder.ae\/blog\/#organization","name":"mortgagefinder.ae","url":"https:\/\/www.mortgagefinder.ae\/blog\/","sameAs":["https:\/\/www.facebook.com\/mortgagefinder.ae\/","https:\/\/www.linkedin.com\/company\/mortgagefinder.ae"],"logo":{"@type":"ImageObject","@id":"https:\/\/www.mortgagefinder.ae\/blog\/#logo","inLanguage":"en-US","url":"https:\/\/www.mortgagefinder.ae\/blog\/wp-content\/uploads\/2023\/02\/mf-logo-en.jpg","contentUrl":"https:\/\/www.mortgagefinder.ae\/blog\/wp-content\/uploads\/2023\/02\/mf-logo-en.jpg","width":528,"height":193,"caption":"mortgagefinder.ae"},"image":{"@id":"https:\/\/www.mortgagefinder.ae\/blog\/#logo"}},{"@type":"WebSite","@id":"https:\/\/www.mortgagefinder.ae\/blog\/#website","url":"https:\/\/www.mortgagefinder.ae\/blog\/","name":"Mortgage Finder Blog","description":"Dubai and UAE's best mortgages and personal loan offers","publisher":{"@id":"https:\/\/www.mortgagefinder.ae\/blog\/#organization"},"potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/www.mortgagefinder.ae\/blog\/?s={search_term_string}"},"query-input":"required name=search_term_string"}],"inLanguage":"en-US"},{"@type":"ImageObject","@id":"https:\/\/www.mortgagefinder.ae\/blog\/dubai-unit-handovers\/#primaryimage","inLanguage":"en-US","url":"https:\/\/www.mortgagefinder.ae\/blog\/wp-content\/uploads\/2017\/03\/Screen-Shot-2017-03-22-at-2.17.44-PM.png","contentUrl":"https:\/\/www.mortgagefinder.ae\/blog\/wp-content\/uploads\/2017\/03\/Screen-Shot-2017-03-22-at-2.17.44-PM.png","width":"496","height":"327"},{"@type":"WebPage","@id":"https:\/\/www.mortgagefinder.ae\/blog\/dubai-unit-handovers\/#webpage","url":"https:\/\/www.mortgagefinder.ae\/blog\/dubai-unit-handovers\/","name":"Propertyfinder Group sees slower pace of unit handovers supporting Dubai market in 2017 - Mortgage Finder Blog","isPartOf":{"@id":"https:\/\/www.mortgagefinder.ae\/blog\/#website"},"primaryImageOfPage":{"@id":"https:\/\/www.mortgagefinder.ae\/blog\/dubai-unit-handovers\/#primaryimage"},"datePublished":"2017-03-22T10:35:32+00:00","dateModified":"2025-05-28T13:25:37+00:00","description":"Propertyfinder Group expects slower than expected Dubai unit handovers will help support UAE property prices in 2017.","breadcrumb":{"@id":"https:\/\/www.mortgagefinder.ae\/blog\/dubai-unit-handovers\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/www.mortgagefinder.ae\/blog\/dubai-unit-handovers\/"]}]},{"@type":"BreadcrumbList","@id":"https:\/\/www.mortgagefinder.ae\/blog\/dubai-unit-handovers\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/www.mortgagefinder.ae\/blog\/"},{"@type":"ListItem","position":2,"name":"Propertyfinder Group sees slower pace of unit handovers supporting Dubai market in 2017"}]},{"@type":"Article","@id":"https:\/\/www.mortgagefinder.ae\/blog\/dubai-unit-handovers\/#article","isPartOf":{"@id":"https:\/\/www.mortgagefinder.ae\/blog\/dubai-unit-handovers\/#webpage"},"author":{"@id":"https:\/\/www.mortgagefinder.ae\/blog\/#\/schema\/person\/622db1c26ef6b1b384905c3a3ae93510"},"headline":"Propertyfinder Group sees slower pace of unit handovers supporting Dubai market in 2017","datePublished":"2017-03-22T10:35:32+00:00","dateModified":"2025-05-28T13:25:37+00:00","mainEntityOfPage":{"@id":"https:\/\/www.mortgagefinder.ae\/blog\/dubai-unit-handovers\/#webpage"},"wordCount":344,"commentCount":0,"publisher":{"@id":"https:\/\/www.mortgagefinder.ae\/blog\/#organization"},"image":{"@id":"https:\/\/www.mortgagefinder.ae\/blog\/dubai-unit-handovers\/#primaryimage"},"thumbnailUrl":"https:\/\/www.mortgagefinder.ae\/blog\/wp-content\/uploads\/2017\/03\/Screen-Shot-2017-03-22-at-2.17.44-PM.png","articleSection":["News"],"inLanguage":"en-US","potentialAction":[{"@type":"CommentAction","name":"Comment","target":["https:\/\/www.mortgagefinder.ae\/blog\/dubai-unit-handovers\/#respond"]}]},{"@type":"Person","@id":"https:\/\/www.mortgagefinder.ae\/blog\/#\/schema\/person\/622db1c26ef6b1b384905c3a3ae93510","name":"pfRiyaz","image":{"@type":"ImageObject","@id":"https:\/\/www.mortgagefinder.ae\/blog\/#personlogo","inLanguage":"en-US","url":"https:\/\/secure.gravatar.com\/avatar\/8b14537235acb5f00a8c4bda382b5cc6?s=96&d=mm&r=g","contentUrl":"https:\/\/secure.gravatar.com\/avatar\/8b14537235acb5f00a8c4bda382b5cc6?s=96&d=mm&r=g","caption":"pfRiyaz"}}]}},"jetpack_featured_media_url":"https:\/\/www.mortgagefinder.ae\/blog\/wp-content\/uploads\/2017\/03\/Screen-Shot-2017-03-22-at-2.17.44-PM.png","_links":{"self":[{"href":"https:\/\/www.mortgagefinder.ae\/blog\/wp-json\/wp\/v2\/posts\/174"}],"collection":[{"href":"https:\/\/www.mortgagefinder.ae\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.mortgagefinder.ae\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.mortgagefinder.ae\/blog\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.mortgagefinder.ae\/blog\/wp-json\/wp\/v2\/comments?post=174"}],"version-history":[{"count":1,"href":"https:\/\/www.mortgagefinder.ae\/blog\/wp-json\/wp\/v2\/posts\/174\/revisions"}],"predecessor-version":[{"id":2779,"href":"https:\/\/www.mortgagefinder.ae\/blog\/wp-json\/wp\/v2\/posts\/174\/revisions\/2779"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.mortgagefinder.ae\/blog\/wp-json\/wp\/v2\/media\/175"}],"wp:attachment":[{"href":"https:\/\/www.mortgagefinder.ae\/blog\/wp-json\/wp\/v2\/media?parent=174"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.mortgagefinder.ae\/blog\/wp-json\/wp\/v2\/categories?post=174"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.mortgagefinder.ae\/blog\/wp-json\/wp\/v2\/tags?post=174"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}