Elite Business Bay Payment Plan
Elite City Real Estate

Elite Business Bay Payment Plan

Unit TypeApartments

Studio, 1, 2 & 4 Bedroom
Size Size

480 to 2,200 Sq. Ft.

Elite Business BayAnticipated Handover - Ready to - Move in Handover

Ready to - Move in

AED 625,000

Payment Plan

30%

Purchase Date

60 %

During Construction

10 %

Handover

In Elite Business Bay residences, developer Elite City Real Estate announces various payment plan options, buyer can choose from Studio, 1, 2 and 3 bedroom apartments. Developer always try to push the limits to build secure property investments with High rental returns at affordable prices with outstanding eminence finishes, well thought through layouts and designs with best in class facilities and amenities in most desired location of Dubai to shield investors money in a highly volatile risky property market.

Payment Plan for 2 and 4 Bedroom - 50/50

Option 1 (Construction Based Payment Plan)

Payment Details%Cumulative %
On Booking (Can be split in 2 parts)30%30%
Ground Slab Structure5%35%
10th Slab Structure5%40%
20th Slab Structure5%45%
Full Super Structure5%50%
Project Completion Intimation 60 Days Advance Notice (Construction reached 90-95%)40%90%
On Project Completion (Construction done 100%)10%100%

Option 2 (Time Based Payment Plan)

Payment Details%Cumulative %
On Booking (Can be split in 2 parts)30%30%
6 months from booking5%35%
12 months from booking5%40%
18 months from booking5%45%
24 months from booking5%50%
Project Completion Intimation 60 Days Advance Notice (Construction reached 90-95%)40%90%
On Project Completion (Construction done 100%)10%100%

Payment Plan for 1 Bedroom - 60/40

Option 1 (Construction Based Payment Plan)

Payment Details%Cumulative %
On Booking (Can be split in 2 parts)30%30%
Ground Slab Structure7.5%38%
10th Slab Structure7.5%45%
20th Slab Structure7.5%53%
Full Super Structure7.5%60%
Project Completion Intimation 60 Days Advance Notice (Construction reached 90-95%)30%90%
On Project Completion (Construction done 100%)10%100%

Option 2 (Time Based Payment Plan)

Payment Details%Cumulative %
On Booking (Can be split in 2 parts)30%30%
6 months from booking7.5%38%
12 months from booking7.5%45%
18 months from booking7.5%53%
24 months from booking7.5%60%
Project Completion Intimation 60 Days Advance Notice (Construction reached 90-95%)30%90%
On Project Completion (Construction done 100%)10%100%

Payment Plan for Studio - 70/30

Option 1 (Construction Based Payment Plan)

Payment Details%Cumulative %
On Booking (Can be split in 2 parts)30%30%
Ground Slab Structure10%40%
10th Slab Structure10%50%
20th Slab Structure10%60%
Full Super Structure10%70%
Project Completion Intimation 60 Days Advance Notice (Construction reached 90-95%)20%90%
On Project Completion (Construction done 100%)10%100%

Option 2 (Time Based Payment Plan)

Payment Details%Cumulative %
On Booking (Can be split in 2 parts)30%30%
6 months from booking10%40%
12 months from booking10%50%
18 months from booking10%60%
24 months from booking10%70%
Project Completion Intimation 60 Days Advance Notice (Construction reached 90-95%)20%90%
On Project Completion (Construction done 100%)10%100%

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