Calculations are estimates only and do not constitute financial advice. Actual rates, fees, and eligibility may vary by lender. Always consult a licensed mortgage professional.
Calculations are estimates only and do not constitute financial advice. Actual rates, fees, and eligibility may vary by lender. Always consult a licensed mortgage professional.
Model developer payment plans combined with bank mortgage at handover.
% paid to developer after handover
Construction Payments
AED 1,200,000
To developer
Post-Handover
AED 400,000
AED 11,111/mo
Bank Mortgage
AED 400,000
AED 2,223/mo
Total Cost
AED 2,266,999
Down Payment
Month 0 · developer
AED 400,000
During Construction
Month 18 · developer
AED 800,000
Post-Handover (Developer)
Month 36–72 · developer
AED 400,000
Bank Mortgage
Month 36–336 · bank
AED 666,999