Off-plan payment plan calculator

A developer’s plan as dated payments, from booking to the last instalment.

Schedule

PaymentShareAmount
BookingNov 202610%AED 200,000
DLD fee (4%)On top of the priceAED 80,000
Instalment 1Apr 20278.33%AED 166,667
Instalment 2Sep 20278.33%AED 166,667
Instalment 3Feb 20288.33%AED 166,667
Instalment 4Aug 20288.33%AED 166,667
Instalment 5Jan 20298.33%AED 166,667
Instalment 6Jun 20298.33%AED 166,665
HandoverNov 202940%AED 800,000
Total price100%AED 2,000,000

How the figures work

The booking payment is due in the first month together with the 4% DLD fee, which is paid on top of the price. The rest of the construction share is split into equal instalments spread evenly until handover, followed by the handover payment and any equal monthly payments after it. Amounts are rounded to whole dirhams, with the difference in the last payment, so the schedule adds up to the price.

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