Best projects with post handover payment plans in Dubai
Whether you are on the lookout for off-plan or ready properties, Dubai has a large inventory of real estate projects that offer attractive investment opportunities for investors and homebuyers to choose from. These projects come with a variety of appealing sales offers such as DLD fee waivers and post-handover payment plans to attract buyers. Today we take a look at some of the exciting projects from the off-plan segment to give you all the details about the developments that offer post-handover payment plans in Dubai.
WHAT IS A POST HANDOVER PAYMENT PLAN?
When purchasing a ready or off-plan property in Dubai, the payment terms are split into instalments which must be paid in several intervals. In the usual payment plans, buyers would complete payments of the entire unit upon the completion, or handover of the property. However, with a post-handover payment plan, buyers have the opportunity to pay the predefined amount after the property is delivered. Post handover payment plans in Dubai can range anywhere from three to five years or even ten, depending on the developer and the type of project.
TOP OFF-PLAN PROJECTS WITH POST HANDOVER PAYMENT PLANS IN DUBAI
Based on user search trends on Bayut, here are some of the popular off-plan projects in Dubai for villas and apartments, that offer post-handover payment plans.
POST HANDOVER PAYMENT PLANS IN DUBAI FOR VILLAS/TOWNHOMES
If you are interested in purchasing an off-plan villa with a post-handover payment plan in Dubai, here are some of the best ones to consider.
LA ROSA AT VILLANOVA
- Location: Dubailand
- Developer: Dubai Properties
- Handover date: February 2022
Located in Dubailand’s luxury community of Villanova, La Rosa II is an urban sanctuary that boasts spacious 3 and 4 bedroom townhouses, built over an area of 1,947 sq. ft. and 2,333 sq. ft. respectively. These townhomes feature Mediterranean architecture complemented with modern finishings. Each of the townhomes come with two parking spaces, a swimming pool and a small garden area.
The La Rosa II development is extremely well-connected to the rest of the city. Since it’s located near the intersection of Al Ain Road and Emirates Road, residents have direct access to Dubai’s major landmarks like the Expo site and Downtown Dubai which are 18-25 minutes away.
If you are interested in the townhouses for sale in La Rosa II, the prices for 3-bedroom units with an area of approximately 1,950 sq. ft. starts from AED 1.2 M. The sales prices for a 4-bed townhouse with an approximate area of 2,510 sq.ft starts from AED 1.27M.
The payment plan for La Rosa II is split as follow: 10% on booking, 30% during construction and 10% on handover.
The Dubai Properties’ post-handover payment plan for La Rosa II amounts to 50%, which can be paid over a period of three years.
GOLF PLACE II AT DUBAI HILLS ESTATE
- Location: Dubai Hills Estate
- Developer: Emaar
- Handover date: December 2022
If you are in search of premium villas in Dubai with views of an 18-hole championship golf course, Golf Place II at Dubai Hills Estates is a perfect choice.
Following the successful completion of the first phase, Golf Place II was introduced with a distinct collection of villas in configurations of 4, 5 and 6-bedroom units, with three unique architectural styles.
Suitable for larger families, Golf Place II comes with its own set of splendid amenities such as play areas, running tracks, and community tennis and volleyball courts. Since it is located within Dubai Hills Estate, residents will also be able to enjoy all its accompanying benefits like access to the Dubai Hills Mall, Dubai Hills Park and clubhouse.
Golf Place II is one of the Emaar projects with an attractive post-handover payment plan that is set at three years. The other payments for the villas in Dubai’s Golf Place II are split into the following instalments:
- Down Payment: 10% (Mar 2020)
- 1st Instalment: 10% (3 Months From Booking, Jun 2020)
- 2nd Instalment: 5% (10 Months From Booking, Jan 2021)
- 3rd Instalment: 5% (15 Months From Booking, Jun 2021)
- 4th Instalment: 10% (20 Months From Booking, Nov 2021)
- 5th Instalment: 5% (24 Months From Booking, Mar 2022)
- 6th Instalment: 5% (28 Months From Booking, Jul 2022)
- 7th Instalment: 5% (on 100% Construction Completion, Dec 2022)
- 8th to 16th Instalment: (Every 4 months post-completion, Apr 2023 to Dec 2025)
RUBA – PHASE II AT ARABIAN RANCHES 3
- Location: Arabian Ranches 3
- Developer: Emaar
- Handover date: March 2023
Another great off-plan project with an Emaar post hand over payment plan is Ruba Phase II. Nestled in the new Arabian Ranches 3 neighbourhood, this community is built with a focus on family-friendly living. The gated community features designated areas with kids swimming pools, play areas as well as, its own park and clubhouse.
Buyers have the option to choose from 3 and 4-bedroom villas that come in three distinguished villa collections.
The Emaar post-handover payment plan for Ruba Phase II is set for three years. The breakdown of the payment plan for this project is as follows:
- Down Payment: 10% (Jan 2020)
- 1st – 4th Instalment: 5% (Every 4 Months From May 2020 – May 2021)
- 5th Instalment: 10% (Sept 2021)
- 6th Instalment: 5% (Jan 2022)
- 7th Instalment: 10% (May 2022)
- 8th Instalment: 10% (Sept 2022)
- 9th Instalment: 10% (on 100% Construction Completion, Mar 2023)
- 10-15th Instalment: 5% (Every 4 months post-completion, Jul 2023 to Mar 2025)
POST HANDOVER PAYMENT PLANS IN DUBAI FOR APARTMENTS
Now let’s take a look at the post-handover payment plans for apartments in Dubai.
PANTHEON ELYSEE IN JVC
- Location: Jumeirah Village Circle (JVC)
- Developer: Pantheon
- Handover date: October 2020
Featuring a postmodern design with flats available in different configurations, Pantheon Elysee is a great choice for buyers looking to own an apartment in Dubai. The ideal location is one of the USPs of Pantheon Elysee.
Located in District 12 of JVC, this residential apartment complex is linked by the Sheikh Mohammed Bin Zayed Road which provides easy and straightforward passage into the city. The apartment complex is a retreat from the hustle of the big city. It includes all the latest amenities like a fully equipped gym and a large swimming pool.
As per our Q1 2020 Dubai market analysis, this off-plan project received a great deal of interest from buyers ranking as the most searched off-plan projects in Dubai for apartments. It has a total of 268 units ranging from studios to 3-bedroom apartments.
Payment plans at Pantheon Elysee are consistent across all unit sizes where 30% is expected to be paid before handover. The developer has set the remaining 70% with a 10-year post handover payment plan in Dubai.
According to the current listings on Bayut, the prices for apartments for sale in Pantheon Elyse start at AED 380k for a 400 sq. ft. studio unit.
SOBHA HARTLAND GREENS IN MBR CITY
- Location: Mohammed Bin Rashid City (MBR City)
- Developer: Sobha Realty
- Handover date: October 2020
Spread across 6 mid-rise buildings, Sobha Hartland Greens is an upcoming apartment complex in the massive Sobha Hartland master plan in MBR City. This off-plan project offers buyers a collection of luxury 1, 2 and 3-bedroom apartments that are surrounded by verdant greenery, making it the perfect retreat. It’s also well connected to the other parts of Dubai via the Ras Al Khor road.
If you’re planning to buy an apartment in this residential complex, the developer is providing a 3-year post handover payment plan. According to our current listings, prices for the apartments for sale in Sobha Hartland Greens start at AED 680k for a 472 sq. ft. unit.
SEVEN PALM AT PALM JUMEIRAH
- Location: Palm Jumeirah
- Developer: Seven Tides International
- Handover date: Q1 2021
A new residential tower on Palm Jumeirah, Seven Palm is the epitome of urban luxury. This tower has a lot to offer potential investors and homeowners. Residents will also get to enjoy the convenience of living in the most iconic districts of the city.
The apartments in Seven Palm, range from studios to 3-bedroom apartments with stunning waterfront views of the ocean. Sizes of the apartments range from studios of 307 – 713 sq.ft., 1-bedroom flats of 560 – 946 sq.ft, 2-bedroom varieties at 1020 – 1202 sq.ft. and 3-bedroom apartments at 1664sq.ft.
Payment plans for these off-plan apartments are consistent across all unit sizes. Here are the details of the attractive payment plan.
- 50/50 payment plan
- 2.5 years post-handover payment plan
That concludes our list of the top off-plan projects in Dubai with post handover payment plans.
Dubai is a great place to make off-plan property investments as the market is extremely well- regulated. To get a better understanding of how the real estate market is currently fairing, check out our first ever Bayut Webinar where we sat down with property experts to discuss topics such as social distancing and its effects on consumer interest in the UAE’s real estate market. And stay tuned to MyBayut for more such insightful articles on the UAE real estate market!
