What is the payment plan for Canterbury Waterfront?

Canterbury Waterfront by GFS Developments is sold on a 20/30/14, 36% post-handover plan: 20% on booking, 30% during construction, 14% on handover, 36% post handover, as published by the developer.

How much is the booking amount for Canterbury Waterfront?

20% of the price. On the cheapest unit at AED 494K that is AED 98,838.

How much do I pay before I get the keys to Canterbury Waterfront?

64% of the price, the payment due on handover day included. On the cheapest unit at AED 494K that is AED 316K by handover in Q1 2029.

Does Canterbury Waterfront have a post-handover payment plan?

Yes. 36% (AED 178K on the cheapest unit) is paid after handover over 36 months.

What are the registration fees on Canterbury Waterfront?

The Dubai Land Department charges 4% of the purchase price to register the sale. On the cheapest unit at AED 494K that is AED 19,768. It is paid to the Land Department, not to EZRE, and it sits outside the developer's payment plan. Administration, trustee and any developer charges are separate.

When is the handover of Canterbury Waterfront?

GFS Developments publishes Q1 2029, which is 30 months from now.

GFS Developments · Al Zorah City · handover Q1 2029

Canterbury Waterfront payment plan

Canterbury Waterfront by GFS Developments in Al Zorah City, Ajman is sold on a 20/30/14, 36% post-handover payment plan. On the cheapest unit, starting from AED 494K, that is AED 316K (64%) paid by handover in Q1 2029 and AED 178K (36%) after the keys over 36 months. Handover is 30 months away.

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The Canterbury Waterfront payment plan in dirhams

Payment plan as published by the developer

Stage	Share
On booking	20%
During construction	30%
On Handover	14%
Post Handover	36%

On the cheapest unit (Studio–2 BR, AED 494K)

On booking	AED 98,838
During construction	AED 148,257
On Handover	AED 69,187
Post Handover	AED 177,908
Paid by handover (64%)	AED 316,282
Months to handover	30
After handover (36%, 36 months)	AED 177,908

Percentages as published by GFS Developments. Dirham figures are those percentages applied to the published starting price of AED 494,190. Registration and other fees are not included.

The Canterbury Waterfront instalment schedule, line by line

Every instalment GFS Developments publishes for Canterbury Waterfront, in order, with the charges listed alongside the plan.

Payment Plan (post handover 36 months)

Published by GFS Developments

Stage	Instalment	Share	On AED 494,190
On booking20%	On Booking	20%	AED 98,838
	ARRA Feefee	2%	AED 9,884
	Admin Feefee	fixed	AED 3,000
During construction30%	1st Installment to 30th Installment	30 × 1%	AED 4,942 each
On Handover	as published	14%	AED 69,187
Post Handover36%	1st Installment to 36th Installment	36 × 1%	AED 4,942 each
Total of the plan		100%	AED 494,190

Lines marked fee (ARRA Fee, Admin Fee) are charges the developer lists alongside the plan. They are paid on top of the price and are not part of the percentages above.

Instalments and charges as published by GFS Developments; the dirham column applies each percentage to the published starting price of AED 494,190. Fixed charges are printed as published. Registration with the Land Department is shown separately below.

What each unit size pays at Canterbury Waterfront

The same plan, applied to the starting price GFS Developments publishes for each size in the building.

Unit	From	On booking (20%)	During construction (30%)	On Handover (14%)	Post Handover (36%)
Studiofrom 323 sq ft	AED 494,190	AED 98,838	AED 148,257	AED 69,187	AED 177,908
1 bedfrom 501 sq ft	AED 801,600	AED 160,320	AED 240,480	AED 112,224	AED 288,576
2 bedfrom 755 sq ft	AED 1,160,140	AED 232,028	AED 348,042	AED 162,420	AED 417,650

Starting price per size as published by GFS Developments; each column is that size’s published starting price multiplied by the stage percentage above.

What it costs to register Canterbury Waterfront

The Dubai Land Department charges 4% of the purchase price to register the sale. It is paid to the Land Department, not to GFS Developments and not to EZRE, and it sits outside the payment plan above. Administration, trustee and any developer charges are separate and are not shown here.

Unit	From	Land Department 4%
Studio	AED 494,190	AED 19,768
1 bed	AED 801,600	AED 32,064
2 bed	AED 1,160,140	AED 46,406

4% applied to each published starting price. The rate is the Dubai Land Department’s published registration fee and is not a figure from the register.

Everything else on Canterbury Waterfront

Canterbury Waterfront payment plan: questions buyers ask

What is the payment plan for Canterbury Waterfront?: Canterbury Waterfront by GFS Developments is sold on a 20/30/14, 36% post-handover plan: 20% on booking, 30% during construction, 14% on handover, 36% post handover, as published by the developer.
How much is the booking amount for Canterbury Waterfront?: 20% of the price. On the cheapest unit at AED 494K that is AED 98,838.
How much do I pay before I get the keys to Canterbury Waterfront?: 64% of the price, the payment due on handover day included. On the cheapest unit at AED 494K that is AED 316K by handover in Q1 2029.
Does Canterbury Waterfront have a post-handover payment plan?: Yes. 36% (AED 178K on the cheapest unit) is paid after handover over 36 months.
What are the registration fees on Canterbury Waterfront?: The Dubai Land Department charges 4% of the purchase price to register the sale. On the cheapest unit at AED 494K that is AED 19,768. It is paid to the Land Department, not to EZRE, and it sits outside the developer's payment plan. Administration, trustee and any developer charges are separate.
When is the handover of Canterbury Waterfront?: GFS Developments publishes Q1 2029, which is 30 months from now.