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Payment Plan Type: 80/20 Construction Linked Plan. 20% on booking secures your ultra-luxury villa or mansion in District One West with 20% only at Q1 2027 (Phase 1) or March 2028 (Phase 2) handover. 60% is spread across construction instalments aligned to verified Nakheel and Meydan construction milestones.
On Booking: 20% down payment
During Construction: 60% in staged milestone instalments
On Handover: 20% at Q1 2027 (Phase 1) or Q1 2028 (Phase 2)
Phase 1 Historical Milestones: September 2024 (15%), March 2025 (10%), September 2025 (10%), March 2026 (10%), September 2026 (10%), March 2027 (5%), Handover 20%
Phase 2 buyers should confirm current instalment schedule with sales team
UAE Residents: Up to 65% to 70% LTV mortgage available at handover for luxury villas
Non-Residents: Up to 50% LTV mortgage available at 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