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Payment Plan Type: 80/20 Construction Linked Plan. 20% on booking secures your Rixos branded residence at Dubai Islands, with 20% only at Q4 2026 (Phase 1) or Q1 2027 (Phase 2 Beach Residences) handover. The six construction instalments provide a clear and manageable schedule aligned to verified Nakheel construction milestones. Buyers joining now should confirm the current instalment schedule with the sales team.
On Booking: 20% down payment
During Construction: 60% in six staged milestone instalments (10% each)
On Handover: 20% at Q4 2026 (Phase 1) or Q1 2027 (Phase 2)
Nakheel milestone payments aligned to RERA-verified construction progress checkpoints
Construction progress 16.8% as of September 2025 confirming active on-track delivery
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 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