The payment plan at Nawayef Village by Modon Properties has been formulated in a way that is convenient and neutral to both immediate residents and investors. Buyers will gain from a good payment schedule; some payments during prime construction periods, the rest upon finalization. It helps harmonise financial arrangements and helps purchasers build equity quicker.
Attractive 50/50, Installments Payment Plan
| Installment | Payment (%) | Milestone |
|---|
| Down Payment | 10% | On Booking Date |
| 1st Installment | 5% | Within 6 months from booking date (Commencement of enabling works) |
| 2nd Installment | 5% | Within 12 months from booking date (Commencement of construction) |
| 3rd Installment | 10% | Within 19 months from booking date (Sub-structure 100% completion) |
| 4th Installment | 5% | Within 25 months from booking date (Superstructure 100% completion) |
| 5th Installment | 5% | Within 31 months from booking date (Façade substantial completion) |
| 6th Installment | 10% | Within 40 months from booking date (Completion/BCC) |
| Final Installment | 50% | On Handover |
+971 55 162 3236
+971 55 162 3236