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Bay Residences - Payment Plan

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Payment Plan

AED 477,000 

South Bay Residences offers simple and effective payment plans that makes it really easy for users to book their home in this premium development in one of the most admired locations of the city.

Monthly Cash Payment Plan

InstallmentPayment (%)Milestone
Down Payment5%On Booking Date
1st Installment5%Within 30 days from On booking date
2nd Installment0.5%Monthly (20 Installment)
3rd Installment5%Every 6 months (4 Installment)
Final Installment60%On Handover

5 Years (40/60) Payment Plan

InstallmentPayment (%)Milestone
Down Payment5%On Booking Date
1st Installment5%Within 30 days from On booking date
2nd Installment0.5%Monthly (20 Installment)
3rd Installment2.5%Every 6 months (4 Installment)
4th Installment10%On Handover
5th Installment60%Post Handover (3 years)

Attractive 3 Years (40/60) Post Handover Payment Plan

InstallmentPayment (%)Milestone(s)
Down Payment5%On Booking Date
1st Installment5%Within 30 days from booking date
2nd to 6th Installment2.5%Within 6 months from booking date (0.5% monthly)
7th Installment2.5%Within 7 months from booking date
8th to 12th Installment2.5%Within 12 months from booking date (0.5% monthly)
13th Installment2.5%Within 13 months from booking date
14th to 18th Installment2.5%Within 18 months from booking date (0.5% monthly)
19th Installment2.5%Within 19 months from booking date
20th to 24th Installment2.5%Within 24 months from booking date (0.5% monthly)
25th Installment2.5%Within 25 months from booking date
26th Installment10%On Completion
1st to 5th Installment3.75%0.75% monthly within 5 Months (After Handover)
6th Installment5%Within 6 months after handover
7th to 11th Installment3.75%0.75% monthly within 11 Months (After Handover)
12th Installment5%Within 12 months after handover
13th to 17th Installment3.75%0.75% monthly within 17 Months (After Handover)
18th Installment5%Within 18 months after handover
19th to 23rd Installment3.75%0.75% monthly within 23 Months (After Handover)
24th Installment7.5%Within 24 months after handover
25th to 29th Installment3.75%0.75% monthly within 29 Months (After Handover)
30th Installment7.5%Within 30 months after handover
31st to 35th Installment3.75%0.75% monthly within 35 Months (After Handover)
36th Installment7.5%Within 36 months after handover

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