Installments | Payment (%) | Milstone (s) |
---|---|---|
Down Payment | 5% | On Booking |
1st Installment | 15% + 4% DLD | On signing SPA |
2nd Installment | 5% | Quaterly payment for 3 months from SPA agreement |
3rd Installment | 5% | Quaterly payment for 6 months from SPA agreement |
4th Installment | 5% | Quaterly payment for 9 months from SPA agreement |
5th Installment | 5% | Quaterly payment for 12 months from SPA agreement |
6th Installment | 5% | Quaterly payment for 16 months from SPA agreement |
7th Installment | 5% | Quaterly payment for 19 months from SPA agreement |
8th Installment | 5% | Quaterly payment for 21 months from SPA agreement |
9th Installment | 5% | Quaterly payment for 24 months from SPA agreement |
10th Installment | 40% | On completion date |
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Binayah Properties is Registered Under the Real Estate Regulation Authority of Dubai - UAE, Registration No. 1162
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