Elite Business Bay - Payment Plan

Elite Business Bay

By Elite City   |     Business Bay

AED 625K

Payment Plan

The Elite comes up with Elite Business Bay with wide options of beautiful spacious apartments at affordable prices with an option of easy Installments.

50/50 Payment Plan - 2 and 4 Bed
Option 1 (Construction Based Payment Plan)

Payment Details%Cumulative %
On Booking (Can be split in 2 parts)30 %30 %
Ground Slab Structure5 %35 %
10th Slab Structure5 %40 %
20th Slab Structure5 %45 %
Full Super Structure5 %50 %
Project Completion Intimation 60 Days Advance Notice (Construction reached 90-95%)40 %90 %
On Project Completion (Construction done 100%)10 %100 %

Option 2 (Time Based Payment Plan)

Payment Details%Cumulative %
On Booking (Can be split in 2 parts)30 %30 %
6 months from booking5 %35 %
12 months from booking5 %40 %
18 months from booking5 %45 %
24 months from booking5 %50 %
Project Completion Intimation 60 Days Advance Notice (Construction reached 90-95%)40 %90 %
On Project Completion (Construction done 100%)10 %100 %

60/40 Payment Plan - 1 Bed

Option 1 (Construction Based Payment Plan)

Payment Details%Cumulative %
On Booking (Can be split in 2 parts)30 %30 %
Ground Slab Structure7.5 %38 %
10th Slab Structure7.5 %45 %
20th Slab Structure7.5 %53 %
Full Super Structure7.5 %60 %
Project Completion Intimation 60 Days Advance Notice (Construction reached 90-95%)30 %90 %
On Project Completion (Construction done 100%)10 %100 %

Option 2 (Time Based Payment Plan)

Payment Details%Cumulative %
On Booking (Can be split in 2 parts)30 %30 %
6 months from booking7.5 %38 %
12 months from booking7.5 %45 %
18 months from booking7.5 %53 %
24 months from booking7.5 %60 %
Project Completion Intimation 60 Days Advance Notice (Construction reached 90-95%)30 %90 %
On Project Completion (Construction done 100%)10 %100 %

70/30 Payment Plan - Studio

Option 1 (Construction Based Payment Plan)

Payment Details%Cumulative %
On Booking (Can be split in 2 parts)30 %30 %
Ground Slab Structure10 %40 %
10th Slab Structure10 %50 %
20th Slab Structure10 %60 %
Full Super Structure10 %70 %
Project Completion Intimation 60 Days Advance Notice (Construction reached 90-95%)20 %90 %
On Project Completion (Construction done 100%)10 %100 %

Option 2 (Time Based Payment Plan)

Payment Details%Cumulative %
On Booking (Can be split in 2 parts)30 %30 %
6 months from booking10 %40 %
12 months from booking10 %50 %
18 months from booking10 %60 %
24 months from booking10 %70 %
Project Completion Intimation 60 Days Advance Notice (Construction reached 90-95%)20 %90 %
On Project Completion (Construction done 100%)10 %100 %

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