Superior Land Plots Payment Plan
IMKAN Properties

Superior Land Plots Payment Plan

Unit TypeResidential Plot

Plot

Size Size

2,025 sqm

Superior Land PlotsAnticipated Handover - Apr - 2023 Handover

Apr - 2023

AED 3,778,777

Payment Plan

5%

Purchase Date

35 %

Till Handover

60 %

Within 55 Months

Superior Land Plots are made available with two viable payment plan options, spanning over 4 years and 6 years. As such, it requires you to pay 5% as down payment, 35% during construction and the rest 60% after handover in 30 and 55 months. As for the 80/20 payment plan, it requires you to pay 5% on the date of purchase, 15% during construction and the remaining 80% on completion. In short, you are free to choose a payment option that fits into your profile, when it comes to buying a plot in this exclusive neighbourhood.

TILL COMPLETION

InstallmentPaymentMilestone
Down Payment5%Upon Signing SPA
20% Plot Infrastructure Completion10%Within 2 months from signing SPA
50% Completion of foundations and ground slab5%Within 4 months from signing SPA
100% Construction Completion80%Within 12 months from signing SPA

4 YEAR PAYMENT PLAN

InstallmentPaymentMilestone
Down Payment5%Upon Signing SPA
20% Plot Infrastructure Completion10%Within 2 months from signing SPA
100% Infrastructure Completion5%Within 4 months from signing SPA
50% Completion of foundations and ground slab5%Within 7 months from signing SPA
100% villa envelope5%Within 9 months from signing SPA
100% Construction Completion10%Within 12 months from signing SPA
Post Construction Completion Payment 110%Within 17 months from signing SPA
Post Construction Completion Payment 210%Within 22 months from signing SPA
Post Construction Completion Payment 310%Within 27 months from signing SPA
Post Construction Completion Payment 410%Within 32 months from signing SPA
Post Construction Completion Payment 510%Within 37 months from signing SPA
Post Construction Completion Payment 610%Within 42 months from signing SPA

6 YEAR PAYMENT PLAN

InstallmentPaymentMilestone
Down Payment5%Upon Signing SPA
20% Plot Infrastructure Completion10%Within 2 months from signing SPA
100% Infrastructure Completion5%Within 4 months from signing SPA
50% Completion of foundations and ground slab5%Within 7 months from signing SPA
100% villa envelope5%Within 9 months from signing SPA
100% Construction Completion10%Within 12 months from signing SPA
Post Construction Completion Payment 16%Within 18 months from signing SPA
Post Construction Completion Payment 26%Within 24 months from signing SPA
Post Construction Completion Payment 36%Within 30 months from signing SPA
Post Construction Completion Payment 46%Within 36 months from signing SPA
Post Construction Completion Payment 56%Within 42 months from signing SPA
Post Construction Completion Payment 66%Within 47 months from signing SPA
Post Construction Completion Payment 76%Within 52 months from signing SPA
Post Construction Completion Payment 86%Within 57 months from signing SPA
Post Construction Completion Payment 96%Within 62 months from signing SPA
Post Construction Completion Payment 106%Within 67 months from signing SPA

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