Emaar Properties introduces a strategic payment plan for Lyvia by Palace, making the ownership process easier for buyers and investors in this branded project. This payment structure usually covers an initial deposit amount of a certain percentage that is followed by a series of monthly instalment payments that last over the construction period. It is a suitable approach that allows the buyers to manage their savings effectively and reduces the financial strain.
Attractive 80/20 Installments Payment Plan
| Installment | Payment (%) | Milestone |
|---|
| Down Payment | 10% | On Booking Date |
| 1st Installment | 10% | Within 2 months from booking date |
| 2nd Installment | 10% | Within 7 months from booking date |
| 3rd Installment | 10% | Within 12 months from booking date |
| 4th Installment | 10% | Within 18 months from booking date |
| 5th Installment | 10% | Within 24 months from booking date (Upon 50% Construction Completion) |
| 6th Installment | 10% | Within 29 months from booking date (Upon 70% Construction Completion) |
| 7th Installment | 10% | Within 35 months from booking date (Upon 90% Construction Completion) |
| Final Installment | 20% | On Handover |