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Phase 1 payment plan offers the most investor-friendly structure with only 20% at handover. AED 529 million construction contract confirms delivery confidence for July 2027 handover.
On Booking: 20%
April 2024: 10%
October 2024: 10%
April 2025: 10%
October 2025: 10%
April 2026: 10%
October 2026: 10%
On Handover: 20% at Q3 2027 (July 2027)
Buyers entering now should confirm updated current instalment schedule with sales team
Phase 2 offers a 65/35 structure with 35% at July 2028 handover. Higher balloon than Phase 1, mortgage pre-approval should begin from mid-2026.
EOI: AED 100,000 to Secure Unit Before Full Booking
On Booking: 20%
During Construction: 45% in staged milestone instalments
On Handover: 35% at Q4 2028 (July 2028)
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