Payment Plans for Property Purchases in Dubai


In just a few short years, Dubai’s real estate market has made significant progress. UAE attracted international investors and created a favorable environment for living. This is evident in the UAE’s sky-scraper geniuses, which are fully industrialized and others that are close to completion. Most people find it difficult to pay 100% for properties off-plan in Dubai.

This is why it is so popular to buy properties in installments. For their convenience, property developers offer a complete payment plan to their buyers. When purchasing off plan properties in Dubai, a payment plan specifies how many instalments must be made over a set period of time and the amount in each instalment. The Six Senses Dubai is an addition to the beauty and charm of Palm Jumeirah. It offers villas as well as apartments. The trend nowadays in real estate market of Dubai is inclined towards renting the apartments as the influx of tourists are coming for Expo and global village as main attractions. 

Dubai has a wide range of real estate opportunities for investors. The investment options are diverse, from apartments to villas and townhouses to apartment complexes. You can purchase great houses in a community setting, close to entertainment, recreation and retail options. There are also great payment options available, even for foreigners. Dubai’s real estate market regulations permit anyone to buy a property. If you have the money, it is easy to buy a property.

After you’ve determined which type of property is most appealing to you, you can call a trusted agent to arrange a tour and to discuss the payment options for purchasing the property from the developer. It is a smart idea to take into account the fluctuations in currency exchange rates if you are from a foreign country.

Here are some tips to help you choose the right payment option if you’re thinking of buying a Dubai property.

It’s well-known that different property developers offer different payment plans. We will be highlighting the most common payment plans in Dubai.

4 Most Common Payment Plans for owning a Property in Dubai

Post-Handover Payment Plans:

The post-handover payment allows the buyer to make the payment once the property is handed to them in Dubai. They will still have to pay a percentage of the property’s total value before they can possess it.

In late 2013, these payment plans were introduced. They were often offered to developers who wanted superior development. Private developers were also able to ignore the payment plan due to their admiration.

This payment plan is often targeted at investors looking for Dubai properties. They can also take possession of the property and then rent it out to tenants. They use the rental income to pay the remaining amount. This is because the ROI in Dubai is greater and so are the rental yields that have contributed to making this payment plan successful. This payment plan is also popular with end-users (buyers) as it allows them to settle in their property and manage the remainder of the payment easily. You can choose to live in luxury apartments or villas at the Six Senses Dubai on Palm Jumeirah.

10/90 Payments:

It is another, more destructive form of post-handover payment plan. Developers are inclined to offer this for off-plan properties in Dubai. As the name suggests, 10% of the total price of the property in Dubai is to be placed initially, while the recreation of the 90% is rewarded in instalments.

It is a new payment plan preferred equally by purchasers and investors. It offers them a secure and appropriate way of buying a property in Dubai or accumulating more listings in their record, respectively. Those who are short on cash can choose developments that come with such payment plans and reserve a property in their name. 

Construction and handover

There are many versions of the payment plan available in the country. These vary depending on where you live and what the developer is doing. You can find 50/50 or 60/40 or 70/30. The payment plan can be divided into two stages: during construction and after handover. This payment plan is often offered by developers during construction. Clients can make payments over a time period before they receive the keys to their property. To pay the remainder of the amount due, clients could also apply for a mortgage. Clients would be able to pay the remaining amount in monthly installments to the bank, but not the developer, and still own their property.

Payment in Installments until Handover:

The most regular payment plans are divided into percentages paid at different stages of the extent until handover. For example, if you have a 60:40 payment plan, you will be paying 60% in installments until handover and the rest 40% on handover of the property. 

This payment plan can frequently be seen in the following ratios: 10:90, 20:80, 40:60, 50:50, 60:40, 70:30, 25:75, etc. These proportions are not fixed and change from developer to developer.

Rent to Own Payments:

It is a popular method of payment in many countries. Rent-to-own is a payment plan that is geared towards end-users. It is only available for properties that are ready to move in. This plan is best for buyers who don’t have the financial resources to pay an upfront payment for the offplan properties in Dubai.

This plan allows the landlord to sign a tenancy agreement between tenants and landlords for a period of a few years. This payment plan increases the annual rent relative to the market value. If both parties meet the conditions, the tenant becomes the buyer of the property in Dubai.

The tenant can use the rent money to pay down the property. For the remaining amount, they can apply for a mortgage through private investors or banks.

Final Words:

By keeping in mind the high Dubai property prices, these payment plans work in favor of investors and purchasers. However, it is significant to note that not every project or off-plan properties in Dubai come with the same payment plan, even if the same developer has developed this project. The price depends on the location as well. 



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