Branded Residence · Al Maryah Island
Payment Plan at Jumeirah Residences: What to Ask
The developer has not published one, so here is how to get it right.
Emirates Developments has not published a payment plan for Jumeirah Residences on its project page. Payment schedules for off-plan homes are usually set per release and can change, so the plan that applies to your unit is the one written into your Sales and Purchase Agreement.
Projects
Off-Plan · BrandedJumeirah Residences Al Maryah Island
Al Maryah Island · Emirates Developments
Price on request
1 to 5 BR · Apartments, penthouses
View project →
Off-Plan · BrandedW Residences Al Maryah Island
Al Maryah Island · Taraf
Price on request
1 to 4 BR · Apartments
View project →
ReadyAl Maryah Vista
Al Maryah Island · Reportage Properties
From AED 620,000
Studio to 4 BR · Studios, apartments, penthouses
View project →
Off-PlanAl Maryah Vista 2
Al Maryah Island · Reportage Properties
Price on request
Studio to 4 BR · Studios, apartments, penthouses
View project →How off-plan plans are usually structured
A common structure is a deposit on reservation, a further payment on signing the SPA, staged payments linked to construction milestones, and a balance at handover. Some projects add a post-handover period. Which of these applies is a decision for each project, not a rule.
Questions to ask
What triggers each instalment, and who certifies the construction milestone? What happens if handover is delayed? How is the money held in escrow? Is there a fee to assign the contract to a new buyer, and does the developer need to consent?
What to get in writing
The full schedule with dates or milestones, the escrow account details, the handover date and the remedy for delay, and the SPA itself. Do not pay a deposit until you have read the SPA.
Related pages
Our pages on property payment plans and off-plan projects compare how other developers in Abu Dhabi describe their plans.
Frequently Asked Questions
More on Jumeirah Residences
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AD Residences · Abu Dhabi
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