Dubai South Properties offers an appealing milestone-based payment plan scheme on Hayat Phase 3, and the scheme is flexible to the buyers. A competitive booking price is used to fix the property and then instalments related to construction are scheduled. Such a phased move alleviates planning of the finances, and convenience by having after-handover options may be provisioned. The payment plan depicts how the developer strives to make high-quality living in the community affordable in terms of price.
2 Years Post-Handover Payment Plan
Installments | Payment(%) | Milestones |
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Down Payment | 5% | On Purchase Date |
1st Installment | 10% | Within 3 months from purchase date |
2nd to 10th Installment | 45% | Within 30 months (3% quarterly) from purchase date |
11th Installment | 20% | On Handover |
12th Installment | 5% | Within 6 months after handover date |
13th Installment | 5% | Within 12 months after handover date |
14th Installment | 5% | Within 18 months after handover date |
15th Installment | 5% | Within 24 months after handover date |