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Payment Plan Type: 70/30 Construction Linked Plan. 20% on booking secures your Ellington-designed apartment in Dubai South, with 30% only at Q3 2028 handover. The detailed instalment schedule provides predictable payments across the build period.
On Booking: 20% down payment
After 60 Days from Booking: 10%
At 120 Days from Booking: 5%
At 180 Days from Booking: 5%
At 240 Days from Booking: 5%
At 360 Days from Booking: 5%
At 20% Construction Completion: 5%
At 30% Construction Completion: 5%
At 40% Construction Completion: 5%
At 50% Construction Completion: 5%
On Handover: 30% at Q3 2028
Clear and predictable instalment schedule across the approximately 3-year build period
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