Just like any new development, Emaar Beachfront is a community filled with projects under construction.
As is the case with all off-plan projects each of these comes with a unique Payment Plan or a Schedule of Payments
Here we take a closer look at some of the more popular Emaar Beachfront Payment Plan Options.
Popular Emaar Beachfront Payment Plans
10/80/10% – This is a popular payment plan offered on the more recent Emaar Beachfront projects. It requires the purchaser to pay 10% at the time of booking, 80% during construction, and 10% on completion.
Here is a full breakdown of this particular payment plan:
| Instalment | Payment Percentage | Due Date |
|---|---|---|
| Down Payment | 10% | October 2023 |
| 1st Instalment | 10% | December 2023 |
| 2nd Instalment | 10% | April 2024 |
| 3rd Instalment | 10% | August 2024 |
| 4th Instalment at 20% Completion | 10% | April 2025 |
| 5th Instalment at 40% Completion | 10% | November 2025 |
| 6th Instalment at 60% Completion | 10% | May 2026 |
| 7th Instalment at 80% Completion | 10% | October 2026 |
| 8th Instalment at 100% Completion | 10% | August 2027 |
It’s worth noting that this is just one example of a recently available payment plan. Whilst a good guide, there is no guarantee that this is what will be offered for the next or any subsequent projects.
Emaar Beachfront Post Handover Payment Plans
There are currently no projects in Emaar Beachfront that come with a post-handover payment plan.
Post-handover payment plans are a popular type of payment plan and for good reason. They are a type of payment plan where a portion or percentage of the total payments is due in a period of 1 to 3 and sometimes even 10 years after the property handover. Whilst great for buyers post handover payment plans aren’t ideal for developers as it means they have to wait longer to receive payment.
Due to this payment plans are generally rare and tend to be offered in slower market conditions which are not the conditions of today.
Key Takeaways
- Every off-plan project comes with a payment plan
- All Emaar Beachfront projects are developed by Emaar Properties meaning the payment plans offered tend to be somewhat similar
- The payment plan offered for a particular project can change over during the sales period. The payment plan offered at the time of purchase however is NOT subject to change.
- Although not common Payment plans may be negotiable. This is done on a case-by-case basis and is dependent on a variety of factors including the value of property being purchased as well as market conditions.
- Emaar Beachfront does not offer projects with post-handover payment plans
FREQUENTLY ASKED QUESTIONS
What is the payment plan for Emaar Beachfront?
The Payment plan for Emaar Beachfront varies depending on the exact project in question.
Are there any post handover payment plans for Emaar Beachfront?
No, there are no post-handover payment plans available on any Emaar Beachfront projects.
How can i find out about the payment plans offered?
To find out about payment plans currently or previously offered simply browse the different Emaar Beachfront projects. A link to these is contained below.