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EZRE

Major Development · Rak Central · handover Q1 2029

Colibri Views payment plan

Colibri Views by Major Development in Rak Central, Ras Al Khaimah is sold on a 5/55/10, 30% post-handover payment plan. On the cheapest unit, starting from AED 1.1M, that is AED 783K (70%) paid by handover in Q1 2029 and AED 335K (30%) after the keys. Handover is 30 months away.

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The Colibri Views payment plan in dirhams

Payment plan as published by the developer

StageShare
On booking5%
During construction55%
Upon Handover10%
Within 36 months Post Handover (1% per month)30%

On the cheapest unit (Studio–3 BR, AED 1.1M)

On bookingAED 55,906
During constructionAED 614,968
Upon HandoverAED 111,812
Within 36 months Post Handover (1% per month)AED 335,437
Paid by handover (70%)AED 782,687
Months to handover30
After handover (30%)AED 335,437

Percentages as published by Major Development. Dirham figures are those percentages applied to the published starting price of AED 1,118,124. Registration and other fees are not included.

The Colibri Views instalment schedule, line by line

Major Development publishes 2 payment plans for Colibri Views. Each is shown as published, with every instalment and the charges listed alongside it.

Plan 1 of 2: 3 Years Post Handover Payment Plan

Published by Major Development

StageInstalmentShareOn AED 1,118,124
On booking5%On booking5%AED 55,906
Admin FeefeefixedAED 5,000
During construction55%On SPA Signing15%AED 167,719
August 202610%AED 111,812
February 202710%AED 111,812
August 202710%AED 111,812
February 202810%AED 111,812
Upon Handover10%On Handover10%AED 111,812
DLD Feefee4%AED 44,725
Within 36 months Post Handover (1% per month)as published30%AED 335,437
Total of the plan100%AED 1,118,124

Lines marked fee (Admin Fee, DLD 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.

Plan 2 of 2: Payment Plan 2

Published by Major Development

StageInstalmentShareOn AED 1,118,124
On booking5%On booking5%AED 55,906
VATfee5%AED 55,906
During Construction55%On SPA signing15%AED 167,719
August 202610%AED 111,812
February 202710%AED 111,812
August 202710%AED 111,812
February 202810%AED 111,812
On Handoveras published40%AED 447,250
Total of the plan100%AED 1,118,124

Lines marked fee (VAT) 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 Major Development; the dirham column applies each percentage to the published starting price of AED 1,118,124. Fixed charges are printed as published. Registration with the Land Department is shown separately below.

What each unit size pays at Colibri Views

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

UnitFromOn booking (5%)During construction (55%)Upon Handover (10%)Within 36 months Post Handover (1% per month) (30%)
Commercefrom 570 sq ftAED 1,410,750AED 70,538AED 775,913AED 141,075AED 423,225
Studiofrom 382 sq ftAED 1,118,124AED 55,906AED 614,968AED 111,812AED 335,437
1 bedfrom 577 sq ftAED 1,250,000AED 62,500AED 687,500AED 125,000AED 375,000
2 bedfrom 881 sq ftAED 2,026,599AED 101,330AED 1,114,629AED 202,660AED 607,980
3 bedfrom 4,073 sq ftAED 9,996,000AED 499,800AED 5,497,800AED 999,600AED 2,998,800

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

What it costs to register Colibri Views

The Dubai Land Department charges 4% of the purchase price to register the sale. It is paid to the Land Department, not to Major Development 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.

UnitFromLand Department 4%
CommerceAED 1,410,750AED 56,430
StudioAED 1,118,124AED 44,725
1 bedAED 1,250,000AED 50,000
2 bedAED 2,026,599AED 81,064
3 bedAED 9,996,000AED 399,840

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 Colibri Views

Colibri Views payment plan: questions buyers ask

What is the payment plan for Colibri Views?
Colibri Views by Major Development is sold on a 5/55/10, 30% post-handover plan: 5% on booking, 55% during construction, 10% upon handover, 30% within 36 months post handover (1% per month), as published by the developer.
How much is the booking amount for Colibri Views?
5% of the price. On the cheapest unit at AED 1.1M that is AED 55,906.
How much do I pay before I get the keys to Colibri Views?
70% of the price, the payment due on handover day included. On the cheapest unit at AED 1.1M that is AED 783K by handover in Q1 2029.
Does Colibri Views have a post-handover payment plan?
Yes. 30% (AED 335K on the cheapest unit) is paid after handover.
What are the registration fees on Colibri Views?
The Dubai Land Department charges 4% of the purchase price to register the sale. On the cheapest unit at AED 1.1M that is AED 44,725. 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 Colibri Views?
Major Development publishes Q1 2029, which is 30 months from now.

Payment plans in Rak Central

Major Development payment plans

Other Major Development payment plans

starting from

AED 1.1M

handover Q1 2029

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