The payment plan for SE7EN Residences at Palm Jumeirah will benefit prospective buyers and investors. Keeping in mind the strong demand for ultra-luxury apartments and duplex units, developer Seven Tides International is focusing on introducing options that in the long run will make the proceedings more viable.
Attractive 50/50 Post-Handover Payment Plan
Installment | Payment (%) | Milestone |
Down Payment | 5% | On Booking |
1st Installment | 6% | Within 30 days from booking |
2nd Installment | 5% | Within 90 days from booking |
3rd Installment | 5% | Within 150 days from booking |
4th Installment | 9% | Within 210 days from booking |
5th Installment | 20% | On Handover |
6th Installment | 10% | Within 90 days from handover |
7th Installment | 10% | Within 180 days from handover |
8th Installment | 10% | Within 2700 days from handover |
Final Installment | 20% | Within 360 days from handover |