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06.10.2023

The Significance of EOI in UAE Real Estate Investment

As the demand for real estate in the UAE surges this year, the phrase "Accepting EOI" has become a common sight alongside new project sales launches. If you're eyeing property investments, it's essential not to overlook this opportunity.

Properties at the launch stage are selling rapidly, often akin to hotcakes. For instance, in the inaugural phase of the Gardenia project by Aldar Properties, every lot was snapped up within a mere 24 hours. Such instances are not isolated incidents!

To ensure our clients secure properties in top-notch investment projects and have the liberty to choose prime lots, we actively accept EOI in advance. But what exactly is EOI, and how does it function?

EOI, or Expression of Interest, is a marketing technology tool widely employed by major developers. It serves to generate interest among potential buyers and secure sales for projects even before construction commences.

When you make a reservation, you place a deposit and complete an Expression of Interest (EOI) agreement—often referred to as pre-registration by many developers. Once signed, this agreement guarantees that the property will not be offered to other clients.

If you are contemplating a property purchase, don't hesitate to reach out to VelesClub. Our experts are always ready to provide guidance on all matters related to real estate and relocation in the UAE, ensuring you make informed investment decisions.

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