The Pier Residence by LMD Continental offers a flexible and attractive payment plan designed to make acquiring a home in this prestigious development accessible. The payment plan typically includes a structured schedule with options for down payments and subsequent installments that align with construction milestones. This approach allows buyers to manage their investment efficiently and seamlessly.
1- Attractive 60/40 Installments Payment Plan
| Installment | Payment (%) | Milestone |
|---|
| Down Payment | 10% | On Booking Date |
| 1st Installment | 10% | Within 30 days from booking date |
| 2nd Installment | 5% | Within 9 months from booking date |
| 3rd Installment | 5% | Within 13 months from booking date |
| 4th Installment | 10% | Within 17 months from booking date |
| 5th Installment | 10% | Within 21 months from booking date |
| 6th Installment | 10% | Within 27 months from booking date |
| Final Installment | 40% | On Completion |
2- Attractive 60/40 Post-Handover Payment Plan
| Installment | Payment (%) | Milestone |
|---|
| Down Payment | 20% | On Booking Date |
| 1st Installment | 5% | Within 2 months from booking date |
| 2nd Installment | 5% | Within 10 months from booking date |
| 3rd Installment | 10% | Within 15 months from booking date |
| 4th Installment | 10% | Within 21 months from booking date |
| 5th Installment | 10% | Within 28 months from booking date |
| 6th Installment | 5% | On Completion |
| 7th Installment | 5% | Within 3 months after completion date |
| 8th Installment | 5% | Within 6 months after completion date |
| 9th Installment | 5% | Within 9 months after completion date |
| 10th Installment | 5% | Within 12 months after completion date |
| 11th Installment | 5% | Within 16 months after completion date |
| 12th Installment | 5% | Within 20 months after completion date |
| 13th Installment | 5% | Within 24 months after completion date |
+971 55 162 3236
+971 55 162 3236