Rashid Yachts and Marina by Emaar is a fast growing project being developed in carefully planned phases with new projects being launched every few months.
As with any master development by Emaar, each distinct project within Rashid Yachts and Marina comes with its own customized payment schedule, tailored to fit the specific timelines and milestones of that project.
Here is an overview of the payment plans available for some of the most recently launched projects.
Popular Payment Plans at Rashid Yachts and Marina
80/20 – This is a popular payment plan offered with recently launched projects at Rashid Yachts and Marina. Under this plan, the purchaser is required to pay 20% of the property purchase price at the time of booking, 60% during the construction phase, and the final 20% upon completion.
Payment Plan Example
| Installment | Percentage | Milestone |
|---|---|---|
| 1 | 10% | On Booking |
| 2 | 10% | Within 2 months from booking date |
| 3 | 10% | Within 7 months from booking date |
| 4 | 10% | Within 12 months from booking date |
| 5 | 10% | Within 18 months from booking date |
| 6 | 10% | At 20% Construction |
| 7 | 10% | At 40% Construction |
| 8 | 10% | At 60% Construction |
| 9 | 10% | At 80% Construction |
| Final Installment | 10% | On Project Completion |
*This specific example details the payment schedule for the recently released Ocean Star at Rashid Yachts and Marina.*
Key Takeaways
– Each project within Rashid Yachts and Marina features a unique payment schedule. This is not to say that two projects cannot share an identical payments schedule.
– Currently, there are no projects within this community that offer a post-handover payment plan.
– Payment plans offered at time of project launch are subject to change and are influenced by a myriad of factors, ranging from the specifics of the project to the overall market conditions at the time.
Rashid Yachts & Marina Payment Plan FAQs
How can I get more Information about Payment Plans for a Specific project at Rashid Yachts and Marina?
You can get more information about Payment Plans for a specific project at Rashid Yachts and Marina by visiting the listing page of the project you are interested in.
Can a payment plan be altered?
Emaar Properties very rarely negotiates on its payment plans. Some small changes can be made under certain circumstances but that is done on a case by case basis.
Are there any post handover payment plans available at Rashid Yachts and Marina by Emaar?
No, there are currently no post-handover payment plans available at Rashid Yachts and Marina by Emaar. This is not to say that such payment plans will not be available in the future.