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Payment Plan Type: 70/30 Construction Linked Plan. 20% on booking secures your lakeside Ellington apartment in the prestigious Jumeirah Islands community with 30% only at Q4 2029 handover.
On Booking: 20% down payment
During Construction: 50% in staged milestone-based instalments over the build period
On Handover: 30% at Q4 2029
Over 3 years of construction period from today giving maximum cash flow planning runway
Ellington milestone payments aligned to verified construction progress checkpoints
Ellington's 96% occupancy rate and award-winning delivery record support strong UAE bank mortgage approval confidence
UAE Residents: Up to 80% LTV mortgage available at handover
Non-Residents: Up to 50% LTV mortgage available at handover
UAE banks offer off-plan mortgage pre-approval up to 24 months before handover
AED 750K Plus qualifies for UAE 2-Year Property Investor Visa
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