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 |
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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 |