MAG Eye at Meydan Dubai - Payment Plan

Payment Plan

MAG EYE provides easy and affordable pricing for the home buyers, looking to invest in the Meydan District, Dubai. The Buyers can have access to its variety of units making a wide selection of choices with different pricing schemes. One can also have a down-payment option at the time of purchasing property with a minimal EMI installment plan that comes in a handy way.


Apartments - Payment Plan

Studio: 2 Years Post Handover Payment Plan

Down PaymentPayment (%)Milestones
Down Payment5%Purchase Date
Oqood Registration4% DLD FeePurchase Date
Registration FeeAED 5000Fixed
1st Installment5%Within 30 days from purchase date
2nd to 31st Installment30%Within 31 months (1% / month) from purchase date
32nd Installment10%On Handover (Q4-2021)
33rd to 57th Installment50%Within 25 months (2% / month) from handover


1 Bedroom: 3 Years Post Handover Payment Plan

Down PaymentPayment (%)Milestones
Down Payment5%Purchase Date
Oqood Registration4% DLD FeePurchase Date
Registration FeeAED 5000Fixed
1st Installment5%Within 30 days from purchase date
2nd to 31st Installment30%Within 31 months (1% / month) from purchase date
32nd Installment10%On Handover (Q4-2021)
33rd to 37th Installment5%Within 5 months (1% / month) from handover
38th Installment3%Within 6 months from handover
39th to 43th Installment5%Within 11 months (1% / month) from handover
44th Installment4%Within 12 months from handover
45th to 49th Installment5%Within 17 months (1% / month) from handover
50th Installment4%Within 18 months from handover
51st to 55th Installment5%Within 23 months (1% / month) from handover
56th Installment4%Within 24 months from handover
57th to 61st Installment5%Within 29 months (1% / month) from handover
62nd Installment4%Within 30 months from handover
63rd to 68th Installment6%Within 36 months (1% / month) from handover


Standard 40/60 Payment Plan

Down PaymentPayment (%)Milestones
Down Payment5%Purchase Date
Oqood Registration4% DLD FeePurchase Date
Registration FeeAED 5000Fixed
1st Installment5%Within 30 days from purchase date
2nd Installment5%Within 4 months from purchase date
3rd Installment5%Within 8 months from purchase date
4th Installment5%Within 12 months from purchase date
5th Installment5%Within 17 months from purchase date
6th Installment5%Within 22 months from purchase date
7th Installment5%Within 27 months from purchase date
Final Installment60%On Handover


Townhouses - Payment Plan

Attractive 3 Years Post Handover Payment Plan

Down PaymentPayment (%)Milestones
Down Payment5%Purchase Date
Oqood Registration4% DLD FeePurchase Date
Registration FeeAED 5000Fixed
1st Installment5%Within 30 days from purchase date
2nd to 31st Installment30%Within 31 months (1% / month) from purchase date
32nd Installment10%On Handover (Q4-2021)
33rd to 37th Installment5%Within 5 months (1% / month) from handover
38th Installment3%Within 6 months from handover
39th to 43th Installment5%Within 11 months (1% / month) from handover
44th Installment4%Within 12 months from handover
45th to 49th Installment5%Within 17 months (1% / month) from handover
50th Installment4%Within 18 months from handover
51st to 55th Installment5%Within 23 months (1% / month) from handover
56th Installment4%Within 24 months from handover
57th to 61st Installment5%Within 29 months (1% / month) from handover
62nd Installment4%Within 30 months from handover
63rd to 68th Installment6%Within 36 months (1% / month) from handover


Standard 30/70 Payment Plan

Down PaymentPayment (%)Milestones
Down Payment5%Purchase Date
Oqood Registration4% DLD FeePurchase Date
Registration FeeAED 5000Fixed
1st Installment5%Within 30 days from purchase date
2nd Installment5%Within 4 months from purchase date
3rd Installment5%Within 8 months from purchase date
4th Installment5%Within 14 months from purchase date
5th Installment5%Within 21 months from purchase date
Final Installment70%On Handover