A 100% upfront payment is the norm for ready-to-move-in properties in Dubai, with a percentage reserved for booking or reservation. If the property is off-plan, meaning it is still under construction, buyers have a payment plan that is split into multiple installments. Various payment plans are available, including 80% during construction and 20% at handover, 50/50, 60/40, 70/30, and many more. Although developers are free to set up their own payment plans, they are becoming more buyer-friendly, which is why post-handover payment plans have been reinstated

Buyers are able to make post-handover payments not only until completion but also after the construction is complete, allowing them to put less money down at once. Find out more details about
post-handover payment plans in Dubai and the exciting off plan projects that offer them.

What is a post-handover payment plan?

A buyer usually completes payment of the entire unit upon completion, or after property handover, when the payment terms are split into instalments. A post-handover payment plan, however, allows buyers to pay a predetermined amount after the property is delivered. In Dubai, post-handover payments can range from one to five years or even ten years, depending on the developer.

Here is an example of a post-handover payment plan:
  • 10% on purchase date
  • 10% 2nd installment
  • 5% 3rd installment
  • 10% at 20% construction completion
  • 5% at 50% construction completion
  • 10% at 80% construction completion
  • 10% at 100% completion and handover
  • 10% 6 months post-handover
  • 10% 12 months post-handover
  • 10% 18 months post-handover
  • 10% 24 months post-handover
Note. Not all developers offer post-handover payment plans and payment plans can take many forms and have many variations.

Projects with a PHPP in Dubai

Here's a list with projects with a post-handover payment plan in Dubai:
Render of a building called MBL Royal developed by MAG Property Development in Dubai.

Location: Jumeirah Lakes Towers
Developer: MAG Property Development
Payment plan:
  • 10% down payment - date of purchase
  • 10% installments 2 and 3
  • 5% installments 4 and 5
  • 20% on handover - Q4 2024
  • 5% every 3 months after handover, 8 installments post handover
Render of a building called MAG 330 developed by MAG Property Development in Dubai.

Location: City of Arabia
Developer: MAG Property Development
Payment plan:
  • 10% down payment
  • 5% after 6 months
  • 5% 1 year after
  • 20% post 1 year each month 1%
  • 10% Handover payment
  • 50% 5 years post handover payment plan
Render of a building called Golf Views - Seven City developed by Seven Tides in Dubai.

Location: Jumeirah Lake Towers
Developer: Seven Tides
Payment plan: 
  • 5% On reservation date
  • 8% Within 14 days from the reservation date
  • 10% Within 60 days after the reservation date
  • 10% Within 120 days after the reservation date
  • 9% Within 210 days after the reservation date
  • 8% Within 330 days after the reservation date
  • 10% Within 450 days after the reservation date
  • 10% Within 630 days after the reservation date
  • 10% On the Handover Date (as defined in the SPA)
  • 10% Within 180 days after the Handover Date (as defined in the SPA)
  • 10% Within 360 days after the Handover Date (as defined in the SPA)
Render of a building called Maimoon Gardens developed by Fakhruddin Properties in Dubai.

Location: Jumeirah Village Circle
Developer: Fakhruddin Properties
Payment plan:
  • 60% during construction
  • 40% post handover in 2 years
Render of a building called Urban Oasis by Missoni developed by Dal Al Arkan in Dubai.

Location: Business Bay
Developer: Dal Al Arkan
Payment plan: 
  • 10% down payment
  • 10% 3 months from booking date
  • 5% 6 months from booking date
  • 5% 9 months from booking date
  • 30% on project completion 100%
  • 10% 6 months after project completion
  • 10% 12 months after project completion
  • 10% 18 months after project completion
  • 10% 24 months after project completion
Render of a building called Pagani Tower developed by Dal Al Arkan in Dubai.

Location: Downtown Dubai
Developer: Dal Al Arkan
Payment plan:
  • 20% down payment on booking
  • 10% 1st installment
  • 10% 2nd installment
  • 20% on handover
  • 10% 6 months after handover
  • 10% 12 months after handover
  • 10% 18 months after handover
  • 10% 24 months after handover
Render of a building called Petalz developed by Danube Properties in Dubai.

Location: Al Warsan
Developer: Danube Properties
Payment plan:
  • 10% down payment on sales date
  • 10% 1st installment within 2 months from sales date
  • 26% 2nd to 27th installment - 1% monthly for 26 months
  • 14% 30th installment - on handover
  • 40% post-handover - 1% monthly for 40 months
Render of a building called Opalz developed by Danube Properties in Dubai.

Location: Arjan
Developer: Danube Properties
Payment plan:
  • 10% down payment on booking date
  • 10% 1st installment within 2 months from booking date
  • 32% 2nd to 33rd installment within 34 months (1% monthly) from booking date
  • 8% 34th installment on completion date
  • 40% post-completion (1% monthly)
Render of a building called Gemz developed by Danube Properties in Dubai.

Location: Al Furjan
Developer: Danube Properties
Payment plan:
  • 10% down payment on booking date
  • 3% 1st to 3rd installment 1% monthly
  • 5% 4th installment within 5 months from booking date
  • 5% 5th to 9th installment 1% monthly
  • 5% 10th Installment within 11 months from booking date
  • 4% 11th to 14th installment 1% monthly
  • 2% 15th Installment within 16 months from booking date
  • 16% 16th to 31st installment 1% monthly
  • 10% 32nd installment on completion/handover
  • 40% post-handover 40 months (1% monthly) after handover
Render of a building called Elitz developed by Danube Properties in Dubai.

Location: Jumeirah Village Circle
Developer: Danube Properties
Payment plan:
  • 10% down payment on booking date
  • 42% during construction, 1st to 33rd Installment
  • 8% on handover, 100% completion
  • 40% post-handover, within 40 months
Render of a building called Seslia Tower developed by Tiger Group in Dubai.

Location: Jumeirah Village Triangle
Developer: Tiger Group
Payment plan:
  • 10% down payment
  • 60% during construction
  • 30% post-handover, within 24 months
Render of a building called Cloud Tower developed by Tiger Group in Dubai.

Location: Jumeirah Village Triangle
Developer: Tiger Group
Payment plan:
  • 20% down payment, purchase date
  • 60% during construction, until handover
  • 20% post-handover, within 24 months
Render of a building called Nobles Tower developed by Tiger Group in Dubai.

Location: Business Bay
Developer: Tiger Group
Payment plan:
  • 10% down payment, on booking
  • 30% during construction
  • 10% on handover
  • 50% post-handover, within 48 months

Going forward

Affordability coupled with sweet deals from developers make this a great time to invest in a Dubai property. With a good understanding of post-handover payment plans and the best projects in Dubai that have a post-handover payment plan, you can make an informed decision and be prepared for the purchase of a property.

Besides the properties described in the table above, you can also browse our property portal for properties with different payment options and completion dates. Our team will assist you with finding a property, providing mortgage advice or answering any questions you may have. Contact us via phone or email or sign up to get access to further information and more features available on our website. 

If you’re interested in mortgage financing, check out our mortgage calculator and options for UAE nationals, expats and non-residents. Find out more about UAE real estate and mortgages in our blog section, which includes topics such as (and many more):
Photo credits:
  1. redgreystock | Freepik

TAGS:

Post-handover payment plan in Dubai

Dubai real estate

Dubai properties

MBL Royal

MAG 330

Golf Views - Seven City

Maimoon Gardens

Urban Oasis by Missoni

Pagani Tower

Petalz

Opalz

Gemz

Elitz

Seslia Tower

Cloud Tower

Nobles Tower