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Discover Dubai’s Secret: Affordable Payment Plans to Own Your Dream Home! 🏡💰

Dubai is a global business hub thus its residential and commercial properties remain in demand throughout the year. Another factor that contributes significantly to attracting investors and home seekers to Dubai real estate is the availability of installment plans.

With the option of installments, it’s now quite easy to invest in Dubai properties. These installment plans extend for several years, minimizing the financial burden on buyers. Whether you’re interested in off-plan properties or ready-to-move-in units, there are plans designed to meet different investment goals.

Types of payment plans available in Dubai Real Estate

Let’s explore the various payment plans generally used in Dubai property transactions.

60/40 Payment Plan

In this type of payment plan, 60% of the total price is paid during the construction phase. This can be done in installments. The remaining 40% of the total price is then paid upon property completion and handover. This payment plan offers the convenience of a balanced distribution of bills during the development phase and handover, with roughly equal amounts payable during every stage.

Some of the projects offering 60/40 payment plans in Dubai include:

• Urban Oasis by Missoni at Business Bay
• Sobha Reserve Villas at Wadi Al Safa 2
• Pearl House at Jumeirah Village Circle
• Helvetia Residences at JVC

70/30 Payment Plan

This type of payment plan is quite common in Dubai. It allows you to make a smaller upfront payment and finance the remaining balance over time. In a 70/30 payment plan, 70% of the total property price is paid in installments while the remaining 30% is paid at the time of property handover.

Some of the projects offering a 70/30 payment plan in Dubai include:

• DAMAC Lagoon views
• DAMAC Altitude at Business Bay

40/60 Payment Plan

A 40/60 payment plan is another financing structure designed to facilitate real estate investors in Dubai. In this category, the buyer pays 40% of the total price through installments during the development phase and the remaining 60% balance in full at the time of completion. This final payment secures the property transfer and grants the buyer possession of their new home. Contrary to a 70/30 payment plan, this type of plan requires a smaller portion of the total price to be paid in the pre-handover period and most of the price in a single go at the time of handover.

For those who need time to organize their finances but have the means to cover most of the cost shortly after moving in, the 40/60 structure may prove preferable to other alternatives that stretch payments out longer term.

Some of the projects offering a 40/60 payment plan in Dubai include:

• Avenue Residence
• Adeba Azizi at Al Jadaf, Dubai
• Avenue Residence 6 at Al Furjan, Dubai

80/20 Payment Plan

This type of installment plan is quite common in off-plan property transactions in Dubai. Under this plan, you pay 80% of the total purchase price in installments throughout the construction period. This provides substantial cash flow support to the developer as building work progresses. The remaining 20% balance is then paid upon the completion of the project.

Properties in Dubai offering an 80/20 payment plan include:

• Emaar Farm Garden at The Valley
• District One West Villas at the MBR City

50/50 Payment Plan

A 50/50 payment plan option is another flexible plan for property buyers and home seekers in Dubai. In this type of model, the purchase price is split evenly between installments during the construction phase and completion payments made after handover/ upon handover.

Compared to the other plans that weigh payment more heavily before or after possession, a 50/50 installment plan provides a sensible middle ground.

To name a few projects offering 50-50 payment plans in Dubai real estate:

• Taraf Cello Residences
• Fairmount Residence at Al Sufouh Dubai
• Sky Residences at Expo City
• Avant Garde Residences
• Terrazzo Residences at Jumeirah Village Circle

10/90 Payment Plan

The 10/90 payment plan has emerged as a popular alternative to the widely used 1% monthly payment plan for purchasing properties in Dubai. Under this plan, buyers are only required to pay 10% of the total property value upfront at the time of booking.

The remaining 90% balance can then be paid either on possession of the unit or in monthly installments agreed upon between the buyer and developer. This provides more flexibility and options compared to the 1% installment structure.

Some of the projects offering this type of installment plan include:

• Emaar Avonlea at Rashid Yachts and Marina Dubai
• Emaar Bayline

Post-Handover Payment Plan

As the name suggests, a post-handover payment plan refers to a model where a buyer gets the ownership upon a certain downpayment and then pays the balance in monthly installments even after shifting to the new home.

Commonly, in this type of payment plan, booking is done with a 5-20% downpayment, and 10-15% is paid on signing the sale agreement. The remaining is paid in installments stretching for 5 years.

To make informed decisions, it’s important to understand these payment plans. This is where Aeon & Trisl services excel, providing the best payment plan options in town. We offer a variety of them having the following features:

• Extended schedules
• Customizable to suit specific needs
• Interest-free

Sometimes we also offer payment plans with booking with only a 1% down payment. Thus, buying a property in Dubai is now easier than ever!

Conclusion: Dubai’s real estate sector offers a spectrum of convenient payment plans to accommodate various budgets. This option of installments allows you to own a piece of land in Dubai with little finances. Whether you are searching for off-plan units or ready-made properties, these payment plans can really help you achieve your dream of owning a beautiful house in Dubai.

CTA: Contact us for a range of payment plans and to know which suits your budget the best.