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Riwa By Meraas Payment plan
AED 2,350,000
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Price & Payment Plan
Plan Structure: 75/25 Construction-Linked Plan
Payment Plan Type: 75/25 Plan. 20% on booking secures the residence, with 55% payable across six instalments during construction and 25% due on 100% completion at handover.
On Booking: 20% down payment
During Construction: 55% (1st to 6th Instalment)
On Handover: 25% (100% Completion, August 2027)
UAE Residents: Up to 80% LTV mortgage available, per standard UAE bank lending terms
Non-Residents: Up to 50% LTV mortgage available, per standard UAE bank lending terms
UAE banks typically 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
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