What is the payment plan for Coraline Beach Residences?

Coraline Beach Residences by Sobha is sold on a 20/40/40 plan: 20% on booking, 40% during construction, 40% on handover, as published by the developer.

How much is the booking amount for Coraline Beach Residences?

20% of the price. On the cheapest unit at AED 2.4M that is AED 479,099.

How much do I pay before I get the keys to Coraline Beach Residences?

100% of the price, the payment due on handover day included. On the cheapest unit at AED 2.4M that is AED 2.4M by handover in Q1 2028.

Does Coraline Beach Residences have a post-handover payment plan?

No. The published plan completes at handover in Q1 2028.

What are the registration fees on Coraline Beach Residences?

The Dubai Land Department charges 4% of the purchase price to register the sale. On the cheapest unit at AED 2.4M that is AED 95,820. 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 Coraline Beach Residences?

Sobha publishes Q1 2028, which is 18 months from now.

Sobha · Siniya Island · handover Q1 2028

Coraline Beach Residences payment plan

Coraline Beach Residences by Sobha in Siniya Island, Umm Al Quwain is sold on a 20/40/40 payment plan. On the cheapest unit, starting from AED 2.4M, that is AED 2.4M (100%) paid by handover in Q1 2028. Handover is 18 months away.

Private enquiry

Get the Coraline Beach Residences brochure.

Leave your WhatsApp number and email to download them. I then send the current price list and the units still available on WhatsApp.

BrochurePDF

Privacy and terms

The Coraline Beach Residences payment plan in dirhams

Payment plan as published by the developer

Stage	Share
On Booking	20%
During Construction	40%
On Handover	40%

On the cheapest unit (2 BR, AED 2.4M)

On Booking	AED 479,099
During Construction	AED 958,198
On Handover	AED 958,198
Total (100%)	AED 2,395,494
Months to handover	18

Percentages as published by Sobha. Dirham figures are those percentages applied to the published starting price of AED 2,395,494. Registration and other fees are not included.

The Coraline Beach Residences instalment schedule, line by line

Every instalment Sobha publishes for Coraline Beach Residences, in order, with the charges listed alongside the plan.

Payment Plan 60/40

Published by Sobha

Stage	Instalment	Share	On AED 2,395,494
On Booking	as published	20%	AED 479,099
During Construction40%	1st Installment to 4th Installment	4 × 10%	AED 239,549 each
On Handover40%	On Handover	40%	AED 958,198
	DLD Feefee	4%	AED 95,820
	Admin Feefee	fixed	AED 1,150
Total of the plan		100%	AED 2,395,494

Lines marked fee (DLD 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 Sobha; the dirham column applies each percentage to the published starting price of AED 2,395,494. Fixed charges are printed as published. Registration with the Land Department is shown separately below.

What each unit size pays at Coraline Beach Residences

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

Unit	From	On Booking (20%)	During Construction (40%)	On Handover (40%)
2 bedfrom 1,030 sq ft	AED 2,395,494	AED 479,099	AED 958,198	AED 958,198

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

What it costs to register Coraline Beach Residences

The Dubai Land Department charges 4% of the purchase price to register the sale. It is paid to the Land Department, not to Sobha 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%
2 bed	AED 2,395,494	AED 95,820

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 Coraline Beach Residences

Coraline Beach Residences payment plan: questions buyers ask

What is the payment plan for Coraline Beach Residences?: Coraline Beach Residences by Sobha is sold on a 20/40/40 plan: 20% on booking, 40% during construction, 40% on handover, as published by the developer.
How much is the booking amount for Coraline Beach Residences?: 20% of the price. On the cheapest unit at AED 2.4M that is AED 479,099.
How much do I pay before I get the keys to Coraline Beach Residences?: 100% of the price, the payment due on handover day included. On the cheapest unit at AED 2.4M that is AED 2.4M by handover in Q1 2028.
Does Coraline Beach Residences have a post-handover payment plan?: No. The published plan completes at handover in Q1 2028.
What are the registration fees on Coraline Beach Residences?: The Dubai Land Department charges 4% of the purchase price to register the sale. On the cheapest unit at AED 2.4M that is AED 95,820. 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 Coraline Beach Residences?: Sobha publishes Q1 2028, which is 18 months from now.