Sparklz By Danube Payment plan

Plan Structure: 70/30 with 1% Monthly Instalments and 30-Month Post-Handover Option

Payment Plan Type: 70/30 Construction Linked Plan with Optional 30-Month Post-Handover Extension. Danube's iconic 1% monthly instalment replaces the need for a mortgage during construction. The post-handover option means the 30% due at May 2028 can be spread over 30 months, with payments effectively covered by rental income from the same fully furnished unit.

• On Booking: 10% down payment

• During Construction: 60% at 1% of total unit price per month from booking to May 2028

• On Handover: 30% at Q2 2028 (May 2028) OR spread over 30 months post-handover

• Post-Handover Monthly Studio (AED 900K): Approximately AED 9,000 per month from May 2028

• Post-Handover Monthly 1BR (AED 1.3M): Approximately AED 13,000 per month from May 2028

• Post-Handover Monthly 2BR (AED 1.85M): Approximately AED 18,500 per month from May 2028

• Post-Handover Monthly 3BR (AED 2.35M): Approximately AED 23,500 per month from May 2028

• No mortgage required during construction as the 1% monthly plan replaces it

• Post-handover payments typically covered by rental income from fully furnished units from day one

• UAE Residents: Up to 80% LTV mortgage available at handover if not using post-handover plan

• Non-Residents: Up to 50% LTV mortgage available at handover if not using post-handover plan

• 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