Provenza Residences by IKR Development present very clear and flexible payment plan structures that should benefit anyone in long run. The structure offered including down-payment up front whilst booking, at the construction stage period, with handover and the remaining spread across the post-handover duration. This staged model gives power to buyers by minimising the initial financial obligation and facilitating payment with progress and possession and makes the transition to ownership a smoother ride.
1- Attractive 60/40, Installments Payments Plan
| Installment | Payment (%) | Milestone |
|---|
| Down Payment | 20% | On Boking Date |
| 1st Installment | 10% | Within 90 days from booking date |
| 2nd Installment | 10% | On 20% Of Project Completion |
| 3rd Installment | 10% | On 40% Of Project Completion |
| 4th Installment | 10% | On 60% Of Project Completion |
| Final Installment | 40% | On Handover |
2- Attractive 70/30, Post-Handover Payment Plan
| Installment | Payment (%) | Milestone |
|---|
| Down Payment | 20% | On Booking Date |
| 1st Installment | 10% | Within 90 days from booking date |
| 2nd Installment | 10% | On 20% Of Project Completion |
| 3rd Installment | 10% | On 40% Of Project Completion |
| 4th Installment | 10% | On 60% Of Project Completion |
| 5th Installment | 10% | On Handover |
| Easy Installments | 30% | For 30 months (1% monthly) after handover date (Post-Handover) |
+971 55 162 3236
+971 55 162 3236