Understanding Payment Plans
Payment plans are one of the most attractive features of off-plan property in Dubai, allowing you to spread your investment over time.
How Payment Plans Work
Instead of paying the full price upfront, developers offer structured payment plans that typically span the construction period. Payments are linked to construction milestones, protecting both you and the developer.
Common Payment Structures
Standard Plan
Booking
10%
Construction
50%
Handover
40%
Post-Handover Plan
Booking
10%
Construction
40%
Handover
25%
Post-Handover
25%
Premium Plan
Booking
20%
Construction
40%
Handover
40%
Key Terms Explained
Booking Amount
The initial payment (typically 5-20%) that reserves your unit. This is usually paid at the time of signing the Sales Purchase Agreement (SPA).
Construction-Linked Payments
Payments made as construction reaches certain milestones. Developers must show progress before requesting payments.
Handover Payment
The final payment made when you receive the keys to your property. This is when ownership officially transfers.
Post-Handover Payments
Some developers offer plans where you continue paying after receiving your property, often interest-free for 1-5 years.
Pro Tip
Post-handover payment plans can help with cash flow, especially if you plan to rent out the property. Rental income can help cover the remaining payments.