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Buyers choose between two schedules. Option 1 spreads 60% across construction with 40% at handover. Option 2 fronts a 20% down payment, spreads 55% over 11 instalments during construction, and closes with 25% at handover.
Option 1: 60% during construction, 40% on handover
Option 2: 20% down payment, 55% over 11 instalments, 25% on handover
Optional quarterly instalment plan at 5% per quarter
Handover: Q4 2027 (December 2027)
Off-plan mortgage financing available through local banks
DLD registration fee: 4% of purchase price
Ownership type: Freehold, open to all nationalities
No annual property tax in Dubai; only DLD and service charges apply
AED 750K+ purchase may qualify for a 2-year investor visa
AED 2M+ purchase may qualify for a 10-year Golden Visa