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Payment Plan Type: 50/50 Plan. 10% on booking secures the unit, with 40% payable during construction and 50% due on handover in Q3 2026.
On Booking: 10% down payment
During Construction: 40%
On Handover: 50% (Q3 2026)
UAE Residents: Up to 80% LTV mortgage available, per standard UAE bank lending terms
Non-Residents: Up to 50% LTV mortgage available, per standard UAE bank lending terms
UAE banks typically offer off-plan mortgage pre-approval up to 24 months before handover
AED 2M Plus qualifies for UAE 10-Year Golden Visa for buyer and immediate family
Government Fee: 4% DLD (Dubai Land Department) fee applicable on purchase price
Ownership Type: Freehold, 100% foreign ownership permitted
No income tax, no capital gains tax and no property tax in UAE