UAE-based property platform dubizzle Property has announced the launch of its ‘New Projects’ section.

With over 350 projects currently listed on the section, New Projects is home to the largest selection of off-plan units available on any property portal in the UAE, said a statement from dubizzle, which is also the official property portal partner for the upcoming Cityscape Global expo in Dubai.

The recent addition to the portal is in line with its continuous efforts to increase market transparency and encourage local and foreign investment into the UAE, it stated.

According to dubizzle, the off-plan purchases are on the rise, with the Dubai Land Department registering over 2,200 deals in July 2019 – the best month for the primary market since December 2017.

"The number of new residential units to enter the market by the end of 2021 is expected to reach 124,000, so when we developed the New Projects section, we really listened to our users and researched what investors – both local and international – are looking for," remarked Matthew Gregory, the director of sales, dubizzle Property.

"Full visibility on projects and offers in the primary market, a flexible and interactive way to view projects, as well as direct access to developers were all key factors that came up and have been addressed," stated Gregory.

On the key features, dubizzle said the listings in the new section display all the information available about the projects, including floor plans, construction updates, videos and 360° virtual reality tours, providing increased transparency and flexibility to browse supply on the market and giving buyers the knowledge they would need to make a purchase.

The section also includes a dedicated promotions page, where users can easily view all current payment plans and offers by developers. Those interested in further information have direct access to developers, it added.

"Through this, we aim to empower our users to make well-informed decisions when it comes to purchasing a property," said Gregory.

According to him, the portal has over 130,000 live listings at any given time with the widest portfolio of sale and rental properties in the UAE.

"The platform receives almost 100,000 daily visits and regularly shares market insights to support property seekers with making well-informed decisions," he added.-TradeArabia News Service