What is a typical payment plan for off-plan properties?

Off-plan properties in Dubai typically offer flexible payment plans that make property investment more accessible.

Standard Payment Structure

Most developers offer payment plans split into phases:

During Construction

• 10-20% deposit at booking
• 30-40% during construction (milestone-based payments)
• 50-60% on completion/handover

Common Payment Schedules

• 60/40 Plan: 60% during construction, 40% at handover
• 70/30 Plan: 70% during construction, 30% at handover
• 80/20 Plan: 80% during construction, 20% at handover

Post-Handover Payment Plans

Some developers offer extended payment plans:

• 1-3 years post-handover payments
• Lower initial deposit requirements (as low as 5-10%)
• Interest-free installments

Milestone Payments

Construction-phase payments are typically tied to:

• Foundation completion
• Structural completion
• MEP (mechanical, electrical, plumbing) completion
• Finishing works completion

Advantages

• Lower initial capital requirement
• Property appreciation during construction
• Rental income potential after handover
• Flexible financial planning

Important Notes

• Always verify developer reputation and track record
• Review payment terms in Sales and Purchase Agreement (SPA)
• Ensure property is registered with RERA
• Consider obtaining pre-approved financing before committing