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Price & Payment Plan

Plan Structure: 50/50 with Milestone-Based Construction Instalments

Payment Plan Type: 50/50 Milestone-Based Construction Linked Plan. 20% secures the unit, 30% during construction, 50% at Q1 2029 handover. The 50% on completion can be mortgage-financed including for non-residents.

  • On Booking: 20% down payment

  • During Construction: 30% in milestone-based instalments tied to verified construction progress

  • On Handover: 50% at Q1 2029

  • Select Group 0% interest on the payment plan during construction

  • No supporting documentation required to benefit from the payment structure

  • The 50% at handover can be financed by a UAE bank mortgage, even for non-residents

  • UAE Residents: Up to 80% LTV mortgage available

  • Non-Residents: Up to 50% LTV mortgage available

  • UAE banks offer off-plan mortgage pre-approval up to 24 months before handover

  • Select Group's delivery track record supports smoother UAE bank mortgage approvals

  • Government Fee: 4% DLD (Dubai Land Department) fee applicable on purchase price

  • Service Charge: Approximately AED 19 to AED 22 per Sqft annually

  • Golden Visa: All units above AED 2M qualify for the UAE 10-Year Golden Visa

  • Ownership Type: Freehold, 100% foreign ownership permitted

  • No income tax, no capital gains tax and no property tax in UAE

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