Cherrywoods Townhouses - Payment Plan

Cherrywoods by Meraas Holding in all likelihood will get a 5 years post-handover payment plan for 3 & 4 bedroom townhouses at Al Qudra Road in Dubailand, Dubai. These Townhouses can be booked by paying an amount of AED 70,000 only and anticipated handover in Jun 2021.

Easy 50/50 Post Handover Payment Plan

InstallmentPayment (%)Milestone
Down Payment5%Purchase Date
1st Installment5%Within 1 month from purchase date
2nd Installment5%Within 7 months from purchase date
3rd Installment5%Within 10 months from purchase date
4th Installment5%Within 13 months from purchase date
5th Installment10%Within 22 months from purchase date
6th Installment5%Within 25 months from purchase date
7th Installment10%On Handover
8th Installment5%Within 6 months post handover
9th Installment5%Within 12 months post handover
10th Installment5%Within 18 months post handover
11th Installment5%Within 24 months post handover
12th Installment5%Within 30 months post handover
13th Installment5%Within 36 months post handover
14th Installment5%Within 42 months post handover
15th Installment5%Within 48 months post handover
16th Installment5%Within 54 months post handover
Final Installment5%Within 60 months post handover