Initial payment: 10–20% of the property value
— Depending on the booking conditions (usually 10% upon booking, the remaining 20% as part of the initial payment)
During construction: 60%–50%
— Payments are spread across construction phases in convenient interest-free installments (installments/milestones)
Upon handover: the remaining 30%
1. Flexible payment plan: 70/30 is one of the most common plans for off-plan projects in Dubai.
2. Reservations are possible with a minimum deposit: for example, approximately AED 20,000 for a studio, AED 40,000 for a 1BR/2BR, making entry most affordable for investors.
3. Payment is possible without the need to reside in the UAE: a passport and initial deposit are sufficient for reservation; residency is not required.
Notes:
The exact stages and amounts of payments are specified in the purchase agreement.
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