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Omniyat Vela Dorchester Collection Payment plan
AED 30,000,000
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Price & Payment Plan
Plan Structure: 60:40 Construction-Linked Plan with Bespoke Terms for Top-Tier Units
Standard residences at Vela Dorchester Collection follow a 60:40 payment structure with staged construction milestones and a 40% balloon payment on handover. Sky Palace and Marina Residence buyers are offered bespoke schedules negotiated directly with Omniyat, reflecting the scale and customisation of these top-tier homes.
5% on Booking
10% Down Payment
Approximately 45% across construction milestones
40% on Handover (Q4 2026 to Q4 2027, unit dependent)
Mortgage financing (LTV) typically available up to 50% for eligible buyers, subject to bank approval on high-value transactions
Purchases above AED 2 Million qualify for UAE Golden Visa (10-year residency) eligibility
Dubai Land Department (DLD) registration fee of 4% of purchase price applies
Freehold ownership available to foreign nationals with no annual property tax
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