Budoor Villas Payment Plan
IMKAN Properties

Budoor Villas Payment Plan

Unit TypeVillas

2, 3, 4, 5 & 7 Bedroom

Size Size

303 to 830 sqm

Budoor VillasAnticipated Handover - Q3 - 2024 Handover

Q3 - 2024

AED 2.9 Million

Payment Plan

10%

Purchase Date

30 %

Till Handover

60 %

Within 34 Months

Budoor Villas by IMKAN Properties comes with attractive payment plans and spans over 4 years and 5 years respectively. In the first option, you are required to pay 10% upfront as down payment, 30% during construction and 60% post-handover in 21 months and 34 months. As for the second payment plan, it also involves paying 10 as a down payment on the date of purchase, 30% during construction, and the rest 60% on handover. Based on your individual preference and need, you can pick a payment scheme that suits your profile

Option 1: Till Completion / 30-70 Payment Plan

InstallmentPaymentMilestone
Down Payment10.0%Upon Signing SPA
1st Installment4.7%Within 6 months from signing SPA (Enabling works completion)
2nd Installment5.3%Within 12 months from signing SPA (Foundation completion)
3rd Installment5.0%Within 18 months from signing SPA (Superstructure completion)
4th Installment5.0%Within 24 months from signing SPA (Completion of Villa envelope)
Final Installment70.0%100% Construction Completion

Option 2: Till Completion / 40-60 Payment Plan

InstallmentPaymentMilestone
Down Payment10.0%Upon Signing SPA
1st Installment7.3%Within 6 months from signing SPA (Enabling works completion)
2nd Installment7.6%Within 12 months from signing SPA (Foundation completion)
3rd Installment7.5%Within 18 months from signing SPA (Superstructure completion)
4th Installment7.5%Within 24 months from signing SPA (Completion of Villa envelope)
Final Installment60.0%100% Construction Completion

Option 3: 4-Year Payment Plan

InstallmentPaymentMilestone
Down Payment10%Upon Signing SPA
1st Installment4.7%Within 6 months from signing SPA (Enabling works completion)
2nd Installment5.3%Within 12 months from signing SPA (Foundation completion)
3rd Installment5.0%Within 18 months from signing SPA (Superstructure completion)
4th Installment5.0%Within 24 months from signing SPA (Completion of Villa envelope)
5th Installment10.0%100% Construction Completion
6th Installment15.0%Post Construction Completion Payment 1
7th Installment15.0%Post Construction Completion Payment 2
8th Installment15.0%Post Construction Completion Payment 3
9th Installment15.0%Post Construction Completion Payment 4

Option 4: 5-Year Payment Plan

InstallmentPaymentMilestone
Down Payment10%Upon Signing SPA
1st Installment4.7%Within 6 months from signing SPA (Enabling works completion)
2nd Installment5.3%Within 12 months from signing SPA (Foundation completion)
3rd Installment5.0%Within 18 months from signing SPA (Superstructure completion)
4th Installment5.0%Within 24 months from signing SPA (Completion of Villa envelope)
5th Installment10.0%100% Construction Completion
6th Installment10.0%Post Construction Completion Payment 1
7th Installment10.0%Post Construction Completion Payment 2
8th Installment10.0%Post Construction Completion Payment 3
9th Installment10.0%Post Construction Completion Payment 4
10th Installment10.0%Post Construction Completion Payment 5
11th Installment10.0%Post Construction Completion Payment 6

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