Off-Plan SPA Checklist: What to Review Before You Sign
The SPA is not just paperwork—it defines your risk. A premium off-plan purchase should still be treated with discipline: clarity on delivery, payment milestones, specifications, and costs.
The SPA Checklist (What Matters Most)
1) Delivery timeline and handover conditions
What triggers handover? What happens if timelines shift?
2) Payment milestones
Confirm dates, percentages, and what constitutes “default.”
3) Specifications and scope
Finishes, appliances (if any), and what is included vs not included.
4) Fees and long-term costs
Service charges estimates, management terms, and any brand-related fees.
5) Unit selection logic
View corridors, privacy, and layout are often more important than floor count.
Nobilia Capital note:
Off-plan wins when the fundamentals are strong and the unit is selected strategically—not when the decision is rushed.
Off-plan advisory with lifestyle-led focus across Palm Jumeirah and Atlantis destinations, Dubai Island, and landmark residences such as One Za’abeel and One&Only Private Homes.
FAQs
- Can SPA terms be negotiated?
Some elements may be standard—unit selection and timing are often key levers. - What should I request in writing?
Fees, specs, timeline, and any special promises. - What’s the biggest off-plan risk?
Timeline + quality + resale depth at handover.
